Cheap Apartments for Rent in the Prospect Park Neighborhood of Grand Junction, CO from $700 (12 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Grand Junction.

property at 2222 North Ave

2222 North Ave

Grand JunctionCO81501
property at 1810 North Ave

1810 North Ave

Grand JunctionCO81501
property at 2400 North Ave

2400 North Ave

Grand JunctionCO81501

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.

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Monument Studios
Studio Apartments

Monument Studios

1600 North AveGrand Junction, CO 81501
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Belford Apartments
1 Bedroom Apartments

Belford Apartments

1029 Belford AveGrand Junction, CO 81501
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Park East Apartments
1 Bedroom Apartments

Park East Apartments

2344-2355 Teller CtGrand Junction, CO 81501
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Villa West Apartments
1 Bedroom Apartments

Villa West Apartments

406 N 22nd StGrand Junction, CO 81501
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1626 Rood Avenue
2 Bedroom Apartments

1626 Rood Avenue

1620 Rood AveGrand Junction, CO 81501
  • Utilities Included

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

Cheapest Available Prospect Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Monument StudiosLarge StudioStudio,1BA$795
Summit View Terrace1BR/1.0BA1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
2539 Grand Ave, Unit 12539 Grand Ave2BR,1BA$1.35
Summit View Terrace1BR/1.0BA1BR,1BA$1.68
1357 N 5th St, Unit 13571357 N 5th St1BR,1BA$2.00
1301 N 3rd St, Unit 13051301 N 3rd St2BR,1BA$2.40
Monument StudiosLarge StudioStudio ,1BA$2.21

Quick Rent Budget Calculator

How much rent can you afford?

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Pet Friendly Lifestyle
Prospect Park, Grand Junction, CO

Ranked #35

Among neighborhoods in Grand Junction, CO for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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.

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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.

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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.

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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.

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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.