
Cheap Apartments for Rent in the Prospect Park Neighborhood of Grand Junction, CO from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Prospect Park area of Grand Junction.


950 Northern Way

337 N 7th St

Aladdin Apartments

1043 North Ave

Villa West Apartments

Las Casas Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1626 Rood Avenue

The Eddy Apartments

Park East Apartments

Belford Apartments

Aspen Leaf Place

Raintree Apartments

Heather Ridge Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Four Point Hall

Midtown Apartments

Arabian Apartments

Nellie Bechtel Senior Apartments

Arlington Pointe

Arbor Vista

Greenhouse Apartments
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.
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 1 Bedroom Apartments | $894 | $799 | $995 |
| Prospect Park 2 Bedroom Apartments | $1,412 | $1,100 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Prospect Park Neighborhood of Grand Junction, CO.
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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 | 2BR/1.0BA | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Prospect Park, CO
As of January 13, 2026 the best value apartment in the Prospect Park area is the $1.64 price per square foot 2BR/1.0BA Model at Summit View Terrace in the in the Central Grand Junction neighborhood starting from $1,395. The second greatest value Prospect Park apartment is the Large Studio w/ Backyard Model at Monument Studios starting at $1,095 with a $3.04 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. |
|---|---|---|---|
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.64 |
| Monument Studios | Large Studio w/ Backyard | 1BR,1BA | $3.04 |
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 $1,095 at Monument Studios.
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 Monument Studios.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!