
Cheap Apartments for Rent in the Prospect Park Neighborhood of Grand Junction, CO from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Grand Junction.


1810 North Ave

2233 Hall Ave, Unit A - 1

425 N 17th St, Unit B-1

2400 North Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

2112 N 6th St

333 North Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Prospect Park, Grand Junction, CO Local Guide
How much does it cost to rent an apartment in Prospect Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Park Studio Apartments | $1,175 | $1,000 | $1,350 |
Prospect Park 1 Bedroom Apartments | $1,061 | $795 | $1,300 |
Prospect Park 2 Bedroom Apartments | $1,396 | $1,200 | $1,650 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 1 mile radius of the Prospect Park Neighborhood of Grand Junction, CO.
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Prospect Park, Grand Junction, CO Local Guide
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Cheapest Available Prospect Park Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Monument Studios | Large Studio | Studio,1BA | $795 |
Summit View Terrace | 1BR/1.0BA | 1BR,1BA | $1,175 |
Best Value Apartments for Rent in Prospect Park, CO
As of June 03, 2025 the best value apartment in the Prospect Park area is the $1.35 price per square foot 2539 Grand Ave Model at 2539 Grand Ave, Unit 1 in the in the Historic Downtown Grand Junction neighborhood starting from $1,350. The second greatest value Prospect Park apartment is the 1BR/1.0BA Model at Summit View Terrace starting at $1,175 with a $1.68 price per square foot in the Central Grand Junction neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
2539 Grand Ave, Unit 1 | 2539 Grand Ave | 2BR,1BA | $1.35 |
Summit View Terrace | 1BR/1.0BA | 1BR,1BA | $1.68 |
1357 N 5th St, Unit 1357 | 1357 N 5th St | 1BR,1BA | $2.00 |
1301 N 3rd St, Unit 1305 | 1301 N 3rd St | 2BR,1BA | $2.40 |
Monument Studios | Large Studio | Studio ,1BA | $2.21 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleProspect Park, Grand Junction, CO
Ranked #35
Among neighborhoods in Grand Junction, CO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Prospect Park, Grand Junction, CO
Grand Junction High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Prospect Park Apartments
How much is rent for a Cheap One Bedroom Prospect Park Apartment?
The lowest price for a Cheap One Bedroom Prospect Park Apartment is $1,175 at Summit View Terrace.
What is the lowest price for a Cheap Two Bedroom Prospect Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Prospect Park is starting from $1,395 at Summit View Terrace.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.