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


1433 Rood Ave

704 Horizon Dr

2824 North Ave

1505 N 20th St, Unit B-1

430 N 16th St, Unit A

2202 Orchard Ave, Unit A
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.

2226 Texas Ave, Unit A

2400 North Ave

333 North Ave

721 Horizon Dr

1810 North Ave
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.

1225 N 23rd St

540-529 29 Rd
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
The Falls, Grand Junction, CO Local Guide

How much does it cost to rent an apartment in The Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| The Falls Studio Apartments | $1,216 | $895 | $1,405 |
| The Falls 1 Bedroom Apartments | $1,032 | $595 | $1,845 |
| The Falls 2 Bedroom Apartments | $1,529 | $1,000 | $2,025 |
| The Falls 3 Bedroom Apartments | $1,965 | $1,700 | $2,230 |
| The Falls 4 Bedroom Apartments | $2,900 | $2,900 | $2,900 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the The Falls Neighborhood of Grand Junction, CO.
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The Falls, Grand Junction, CO Local Guide
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Cheapest Available The Falls Apartments for Rent
 The cheapest available apartment rental in the The Falls area of Grand Junction, CO is a Studio unit found at Monument Studios priced from $795. Summit View Terrace has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here are the most affordable The Falls apartments for rent in Grand Junction, CO:
| 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 |
| The Landing on Horizon | The Abbey | Studio,1BA | $1,405 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,595 |
Best Value Apartments for Rent in The Falls, CO
As of December 10, 2025 the best value apartment in the The Falls area is the $1.25 price per square foot 1444 Colorado Ave Model at 1444 Colorado Ave, Unit 1 in the in the Historic Downtown Grand Junction neighborhood starting from $1,250. The second greatest value The Falls apartment is the 2x1 900 SF Model at Peppermill Lofts starting at $1,595 with a $1.77 price per square foot in the Horizon neighborhood. Here is today’s list of the best values for The Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1444 Colorado Ave, Unit 1 | 1444 Colorado Ave | 2BR,1BA | $1.25 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1.77 |
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.64 |
| The Landing on Horizon | The Abbey | Studio ,1BA | $2.46 |
| Monument Studios | Large Studio w/ Backyard | 1BR,1BA | $2.76 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Pet Friendly LifestyleThe Falls, Grand Junction, CO
Ranked #23
Among cities in Colorado for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in The Falls, Grand Junction, CO
Nisley Elementary School
Grand Junction High School
Bookcliff Middle School
School data provided by Great Schools
Frequently Asked Questions about Cheap The Falls Apartments
What is the Cheapest Studio apartment in The Falls?
Currently the most affordable Cheap Studio Apartment in The Falls is at Monument Studios listed at $795.
How much is rent for a Cheap One Bedroom The Falls Apartment?
The lowest price for a Cheap One Bedroom The Falls Apartment is $995 at Monument Studios.
What is the lowest price for a Cheap Two Bedroom The Falls Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in The Falls is starting from $1,195 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

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.






