
Cheap Homes for Rent in Prospect Park Neighborhood of Grand Junction, CO from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Grand Junction.


430 N 16th St, Unit A

1755 N 18th St, Unit B
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.

1151 Belford Ave, Unit 9

1532 N 15th St

1313 N 21st St
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.

2005 Gunnison Ave, Unit A
Prospect Park, Grand Junction, CO Local Guide

How much does it cost to rent a home in Prospect Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Prospect Park 2 Bedroom Homes for Rent | $1,728 | $1,250 | $2,500 |
| Prospect Park 3 Bedroom Homes for Rent | $1,975 | $1,800 | $2,065 |
| Prospect Park 4 Bedroom Homes for Rent | $2,619 | $2,300 | $2,995 |
| Prospect Park 5 Bedroom Homes for Rent | $2,730 | $2,500 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 1 mile radius of the Prospect Park Neighborhood of Grand Junction, CO.
Explore Grand Junction
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 | $1,225 |
Best Value Apartments for Rent in Prospect Park, CO
As of March 15, 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 580 Bookcliff Ave #6 Model at 580 Bookcliff Ave #6, Unit Little Bookcliff starting at $1,600 with a $2.03 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 |
| 580 Bookcliff Ave #6, Unit Little Bookcliff | 580 Bookcliff Ave #6 | 1BR,1BA | $2.03 |
| 330 Ouray Ave, Unit B | 330 Ouray Ave | 1BR,1BA | $1.90 |
| Monument Studios | Large Studio w/ Backyard | 1BR,1BA | $3.04 |
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 53 Apartments for Rent in Prospect Park, CO with pricing that ranges from $890 to $1,600. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $800 to $3,000.
What is the current price range for Rental Homes in Prospect Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $800 to $3,000 with an average monthly rent of $1,832.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.