Cheap Apartments for Rent in the The Falls Neighborhood of Grand Junction, CO from $500 (38 Rentals)

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Search the lowest-cost Apartments available for rent right now in the The Falls area of Grand Junction.

property at 471 Gunnison Way

$575

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$575

Total Monthly Price
$575

4 Bedroom, 2 Bath Home for Rent

Available Sep 5

471 Gunnison Way

Grand JunctionCO81504
property at 425 N 17th St

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

425 N 17th St, Unit B-1

425 N 17th St
Grand JunctionCO81501
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704 Horizon Dr, Unit A
$795
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795
Studio Apartment Available Now

704 Horizon Dr, Unit A

704 Horizon DrGrand Junction, CO 81506
Furnished
property at 721 Horizon Dr

$795

Total Monthly Price

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

1 Bedroom, 1 Bath Home for Rent

Available Now

721 Horizon Dr

Grand JunctionCO81506
property at 1505 N 20th St

$800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

1505 N 20th St, Unit A-2

1505 N 20th St
Grand JunctionCO81501
property at 2233 Hall Ave

$800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 1 Bath Home for Rent

Available Now

2233 Hall Ave, Unit A - 1

2233 Hall Ave
Grand JunctionCO81501
property at 333 North Ave

$840 - $890

Total Monthly Price

Total Monthly Price

Base Rent
$840

Total Monthly Price
$840

1 Bedroom Rentals

Available Now

333 North Ave

Grand JunctionCO81501

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 2824 North Ave

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 Bedroom Rentals

Available Now

2824 North Ave

Grand JunctionCO81501
property at 2400 North Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

2400 North Ave

Grand JunctionCO81501
property at 2857 Elm Cir

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Sep 5

2857 Elm Cir

Grand JunctionCO81501
property at 2852 1/2 Belford Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

2852 1/2 Belford Ave

Grand JunctionCO81501
property at 400 1/2 Ouray Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Home for Rent

Available Now

400 1/2 Ouray Ave

Grand JunctionCO81501
property at 2904 Dawn Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

2904 Dawn Dr

Grand JunctionCO81504
property at 2541 Grand Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom Rentals

Available Now

2541 Grand Ave

Grand JunctionCO81501
property at 1302 Glenwood Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom Rentals

Available Sep 4

1302 Glenwood Ave

Grand JunctionCO81501

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Aladdin Apartments
1 to 2 Bedroom Apartments

Aladdin Apartments

430-450 Chipeta AveGrand Junction, CO 81501
  • Utilities Included
  • Smoke Free
property at 135 S 10th St

$775

Total Monthly Price

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

Studio, 1 Bath Home for Rent

Available Sep 16

135 S 10th St

Grand JunctionCO81501
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Monument Studios
1 to 2 Bedroom Apartments

Monument Studios

1600 North AveGrand Junction, CO 81501
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1060 Grand Ave
Studio Apartments

1060 Grand Ave

1060 Grand AveGrand Junction, CO 81501
property at 816 Grand Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Aug 28

816 Grand Ave

Grand JunctionCO81501
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Park East Apartments
1 to 2 Bedroom Apartments

Park East Apartments

2344-2355 Teller CtGrand Junction, CO 81501
  • Utilities Included
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Belford Apartments
1 Bedroom Apartments

Belford Apartments

1029 Belford AveGrand Junction, CO 81501
  • Utilities Included
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Villa West Apartments
1 Bedroom Apartments

Villa West Apartments

406 N 22nd StGrand Junction, CO 81501
  • Utilities Included
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Las Casas Apartments
1 to 3 Bedroom Apartments

Las Casas Apartments

330 Glenwood AveGrand Junction, CO 81501
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 1225 N 23rd St

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

Studio, 1 Bath Home for Rent

Available Now

1225 N 23rd St

Grand JunctionCO81501
property at 540-529 29 Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Aug 30

540-529 29 Rd

Grand JunctionCO81504
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1626 Rood Avenue
1 to 2 Bedroom Apartments

1626 Rood Avenue

1620 Rood AveGrand Junction, CO 81501
  • Utilities Included
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Aspen Leaf Place
2 Bedroom Apartments

Aspen Leaf Place

960 Bookcliff AveGrand Junction, CO 81501
  • Utilities Included
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Midtown Apartments
1 to 3 Bedroom Apartments

Midtown Apartments

1030 Teller AveGrand Junction, CO 81501
  • Utilities Included
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Raintree Apartments
1 to 2 Bedroom Apartments

Raintree Apartments

1930 Grand AveGrand Junction, CO 81501
  • Utilities Included
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1231 N. 23rd ST
Studio Apartments

1231 N. 23rd ST

1231 N 23rd StGrand Junction, CO 81501
property at 1741 Ouray Ave

$1,159

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,120
Required Monthly Fees
$39

Total Monthly Price
$1,159

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1741 Ouray Ave

Grand JunctionCO81501

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1741 Ouray Ave

$1,159

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,120
Required Monthly Fees
$39

Total Monthly Price
$1,159

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1741 Ouray Ave

Grand JunctionCO81501
property at 910 Rood Ave

$1,175 - $1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

1 To 2 Bedroom Rentals

Available Now

910 Rood Ave

Grand JunctionCO81501
property at 1424 N 22nd St

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Oct 1

1424 N 22nd St

Grand JunctionCO81501

The Falls, Grand Junction, CO Local Guide

Cheapest Available The Falls Apartments for Rent

 

The cheapest available apartment rental in the The Falls area of Grand Junction, CO is a 1 Bed unit found at Monument Studios priced from $795. Summit View Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable The Falls apartments for rent in Grand Junction, CO:

Apartment ListingModel NameBed/BathPriced From
Monument StudiosLarge Studio1BR,1BA$795
Summit View Apartments1 Bed, 1 Bath1BR,1BA$1,150
1231 N. 23rd ST0BR/1.0BAStudio,1BA$1,150
529 Colorado Ave529 Unit 1012BR,1BA$1,450
The Landing on HorizonThe AbbeyStudio,1BA$1,558
Peppermill Lofts2x1 8952BR,1BA$1,585

Best Value Apartments for Rent in The Falls, CO

As of August 20, 2026 the best value apartment in the The Falls area is the $1.61 price per square foot 1522 Hall Ave Model at 1522 Hall Ave, Unit 1522 Hall Ave Unit B in the in the Central Grand Junction neighborhood starting from $1,700. The second greatest value The Falls apartment is the 1522 Hall Ave Model at 1522 Hall Ave, Unit B starting at $1,700 with a $1.61 price per square foot in the Central Grand Junction neighborhood. Here is today’s list of the best values for The Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1522 Hall Ave, Unit 1522 Hall Ave Unit B1522 Hall Ave3BR,1BA$1.61
1522 Hall Ave, Unit B1522 Hall Ave3BR,1BA$1.61
Peppermill Lofts2x1 8952BR,1BA$1.77
Summit View Apartments1 Bed, 1 Bath1BR,1BA$1.44
1231 N. 23rd ST0BR/1.0BAStudio ,1BA$1.69
529 Colorado Ave529 Unit 1012BR,1BA$2.31
The Landing on HorizonThe AbbeyStudio ,1BA$2.73
704 Horizon Dr, Unit A704 Horizon DrStudio ,1BA$1.73
Monument Studios1bed 1 bath1BR,1BA$3.60

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
The Falls, Grand Junction, CO

Ranked #15

Among cities in Colorado for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap The Falls Apartments

How much is rent for a Cheap One Bedroom The Falls Apartment?

The lowest price for a Cheap One Bedroom The Falls Apartment is $795 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 $1,400 at Summit View Apartments.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.