
Cheap Apartments for Rent in the The Falls Neighborhood of Grand Junction, CO from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in the The Falls area of Grand Junction.


2202 Orchard Ave, Unit A, Unit A

2226 Texas Ave, Unit A, Unit A

Total Monthly Price
1043 North Ave, Unit 120, Unit 120

Total Monthly Price
1510 Glenwood Ave, Unit 120 C, Unit 120 C

333 North Ave

704 Horizon Dr

721 Horizon Dr

1346 Texas Ave
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.

1318 N 16th St

1140 Walnut Ave, Unit 17

Total Monthly Price
Peppermill Lofts

Summit View Terrace

3150 Lakeside Dr

Total Monthly Price
1718 White Ave

2150 College Pl

Total Monthly Price
580 Bookcliff Ave #6, Unit Little Bookcliff, Unit Little Bookcliff

Aladdin Apartments
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.

Monument Studios

1060 Grand Ave

Park East Apartments

Belford Apartments

Las Casas Apartments

Villa West Apartments

1626 Rood Avenue

Aspen Leaf Place

Midtown 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.

2855 Elm Cir

1346 1/2 Texas Ave

Raintree Apartments

1741 Ouray Ave

1741 Ouray Ave

3146 Lakeside Dr

North Star Apartments

1240-1254 Elm Ave

636 Horizon Dr
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.

3156 Lakeside Dr
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 | $1,255 | $815 | $2,038 |
| The Falls 2 Bedroom Apartments | $1,635 | $800 | $2,218 |
| The Falls 3 Bedroom Apartments | $1,912 | $1,650 | $2,423 |
| The Falls 4 Bedroom Apartments | $2,550 | $2,500 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the The Falls Neighborhood of Grand Junction, CO.
See all Apartments in Grand JunctionExplore Grand Junction
The Falls, Grand Junction, CO Local Guide
- Nearby Grand Junction neighborhoods
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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 $1,650. 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 | $1,650 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
Best Value Apartments for Rent in The Falls, CO
As of May 21, 2026 the best value apartment in the The Falls area is the $1.84 price per square foot 2x1 895 Model at Peppermill Lofts in the in the Horizon neighborhood starting from $1,650. 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 | $1.84 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| 580 Bookcliff Ave #6, Unit Little Bookcliff | 580 Bookcliff Ave #6 | 1BR,1BA | $1.90 |
| Monument Studios | Large Studio | 1BR,1BA | $2.21 |
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 #21
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 $1,650 at Peppermill Lofts.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.