
Cheap Homes for Rent in Prospect Park Neighborhood of Grand Junction, CO from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Grand Junction.


1505 N 20th St, Unit B-1
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.

1547 Texas Ave

2043 White Ave

1717 Elm Ave

1362 Elm Ave

1013 Belford 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.

1235 Mesa Ave

2150 College Pl
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 | $1,602 | $1,095 | $2,250 |
Prospect Park 3 Bedroom Homes for Rent | $2,017 | $1,600 | $2,300 |
Prospect Park 4 Bedroom Homes for Rent | $2,866 | $2,200 | $4,200 |
Prospect Park 5 Bedroom Homes for Rent | $2,802 | $2,500 | $3,010 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 1 mile radius of the Prospect Park Neighborhood of Grand Junction, CO.
Explore Grand Junction
Prospect Park, Grand Junction, CO Local Guide
- Nearby Grand Junction neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Prospect Park Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1,550 |
Best Value Apartments for Rent in Prospect Park, CO
As of July 28, 2025 the best value apartment in the Prospect Park area is the $1.76 price per square foot 1214 Walnut Ave Model at 1214 Walnut Ave, Unit 24 in the in the Central Grand Junction neighborhood starting from $1,800. The second greatest value Prospect Park apartment is the 2BR/1.0BA Model at Summit View Terrace starting at $1,550 with a $1.82 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. |
---|---|---|---|
1214 Walnut Ave, Unit 24 | 1214 Walnut Ave | 2BR,2BA | $1.76 |
Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.82 |
446 N 22nd St, Unit 8 | 446 N 22nd St | 2BR,1BA | $1.86 |
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.
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 56 Apartments for Rent in Prospect Park, CO with pricing that ranges from $795 to $2,600. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $800 to $4,200.
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 $4,200 with an average monthly rent of $2,074.
How much are larger Three and Four Bedroom Rentals in Prospect Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Prospect Park range from $1,595 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $2,600.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.