Cheap Homes for Rent in Prospect Park Neighborhood of Grand Junction, CO from $800 (11 Rentals)

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

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.

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

Cheapest Available Prospect Park Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Summit View Terrace2BR/1.0BA2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1214 Walnut Ave, Unit 241214 Walnut Ave2BR,2BA$1.76
Summit View Terrace2BR/1.0BA2BR,1BA$1.82
446 N 22nd St, Unit 8446 N 22nd St2BR,1BA$1.86

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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.

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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.

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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.