
Cheap Apartments for Rent in the The Falls Neighborhood of Grand Junction, CO from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Falls area of Grand Junction.


1735 N 19th St, Unit 3

1023 Teller Ave

2202 Orchard Ave, Unit A

2226 Texas Ave, Unit A

Total Monthly Price
1510 Glenwood Ave, Unit 120 C

333 North Ave

704 Horizon Dr
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.

721 Horizon Dr

1281 Bookcliff Ave

1102 Belford Ave

1102 Belford Ave

1210 Walnut Ave, Unit #2

426 N 9th St

424 N 9th St

1051 Teller Ave
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.

Aladdin Apartments

Monument Studios

1060 Grand Ave

2888-F 1/4 F 1/4 Rd

Las Casas Apartments

Villa West Apartments

Belford Apartments

Park East Apartments
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.

1225 N 23rd St

135 S 10th St

1626 Rood Avenue

Aspen Leaf Place

Midtown Apartments

1541 Texas Ave

Raintree Apartments

848 Colorado 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.

1368 Elm Ave

1302 Glenwood Ave

1741 Ouray Ave

1741 Ouray Ave

N 21st St 1300 - Chateau

1717 Cannell Ave

421 Gunnison Ave

522 Compton St
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.

North Star Apartments
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 | $1,246 | $895 | $1,598 |
| The Falls 1 Bedroom Apartments | $1,223 | $495 | $2,038 |
| The Falls 2 Bedroom Apartments | $1,586 | $800 | $2,218 |
| The Falls 3 Bedroom Apartments | $2,319 | $2,250 | $2,423 |
| The Falls 4 Bedroom Apartments | $2,362 | $1,950 | $2,700 |
Browse Apartments in this Neighborhood
There are currently 39 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 1 Bed unit found at Monument Studios priced from $795. Peppermill Lofts has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,609. 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 | 1BR,1BA | $795 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,609 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
Best Value Apartments for Rent in The Falls, CO
As of July 06, 2026 the best value apartment in the The Falls area is the $1.80 price per square foot 2x1 895 Model at Peppermill Lofts in the in the Horizon neighborhood starting from $1,609. The second greatest value The Falls apartment is the The Malone Model at The Landing on Horizon starting at $2,038 with a $2.47 price per square foot in the North Area 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. |
|---|---|---|---|
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.80 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| 2146 Bookcliff Ave, Unit B | 2146 Bookcliff Ave | 1BR,1BA | $2.06 |
| 1510 Glenwood Ave, Unit 120 C | 1510 Glenwood Ave | 1BR,1BA | $1.55 |
| Monument Studios | 1bed 1 bath | 1BR,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.
Read ArticleReal 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.
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 #15
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
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 $1,609 at Peppermill Lofts.
What is the most affordable The Falls Three Bedroom Apartment?
The best deal on a cheap The Falls Three Bedroom Apartment rental is at The Landing on Horizon and starts from $2,423.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.