Cheap Apartments for Rent in Grand Junction, IA from $400 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grand Junction.

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.

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.

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Cedar Crossing 2
1 Bedroom Apartments

Cedar Crossing 2

2003 Cedar StBoone, IA 50036
Senior Living

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.

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The Briza
1 Bedroom Apartments

The Briza

1104 8th StBoone, IA 50036
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Spruce Pointe
1 to 2 Bedroom Apartments

Spruce Pointe

126 Beedle DrAmes, IA 50014
  • Utilities Included
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141 Campus
2 Bedroom Apartments

141 Campus

141 Campus AveAmes, IA 50014
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Delaware Woods
2 to 3 Bedroom Apartments

Delaware Woods

1121 Delaware AveAmes, IA 50014
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Windsor Pointe
1 to 3 Bedroom Apartments

Windsor Pointe

3815 Tripp StAmes, IA 50014
  • Utilities Included
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Boone Park Apartments
1 to 2 Bedroom Apartments

Boone Park Apartments

1127 S Linn StBoone, IA 50036
  • Utilities Included

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.

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Oakview Apartments
1 to 4 Bedroom Apartments

Oakview Apartments

1429 Walton DrAmes, IA 50014
  • Utilities Included
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800 State Street
2 Bedroom Apartments

800 State Street

800 State StGuthrie Center, IA 50115
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Campus West
2 to 3 Bedroom Apartments

Campus West

312-320 Hillcrest AveAmes, IA 50014
  • Utilities Included
property at 4511 Twain Cir

$980 - $1,030

1 Bedroom Rentals

Available Aug 1

4511 Twain Cir

AmesIA50014

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.

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839-841 Dickinson Ave
3 to 4 Bedroom Apartments

839-841 Dickinson Ave

839-841 Dickinson AveAmes, IA 50014
  • Utilities Included

Grand Junction, IA Local Guide

Cheapest Available Grand Junction Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grand Junction, IA is a 1 Bed unit found at Valley Railroad Apartments priced from $495. The Briza has the second lowest priced unit, which is a 1 Bed apartment currently listed from $647. Here is today’s list of the most affordable Grand Junction apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Railroad Apartments1 Bedroom1BR,1BA$495
The BrizaRenovated 1 Bedroom1BR,1BA$647
Granger Lofts1BR Upper1BR,1BA$780
Hickory Ridge Apartments0 bed, 1 bathStudio,1BA$799
Western Hills Apartments1 Bed/1 Bath Apartment1BR,1BA$800
Hyland Apartments1 Bedroom Apartment1BR,1BA$820
Windsor PointeHickory 60%2BR,1BA$825
Linden Station Apartments1 Bed Apartment 55+1BR,1BA$850
College Creek Apartments1 Bedroom Apartment1BR,1BA$855
West Field Apartments2 Bed/1 Bath2BR,1BA$895

Best Value Apartments for Rent in Grand Junction, IA and Nearby

As of May 08, 2026 the best value apartment in the Grand Junction area is the $1.02 price per square foot 3515 Lincoln Way ( 4 bdrm ) Model at Walnut Ridge in the in the Eagle Ridge neighborhood starting from $2,300. The second greatest value Grand Junction apartment is the 3x3 Furnished Model at The Madison starting at $595 with a $0.55 price per square foot in the Fountainview neighborhood. Here is today’s list of the best values for Grand Junction apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walnut Ridge3515 Lincoln Way ( 4 bdrm )4BR,3BA$1.02
The Madison3x3 Furnished3BR,3BA$0.55
The Social ReserveJasper Renovated - Reserve2BR,2BA$0.63
Anna's Grove by Kading3 Bedroom, Single-story Townhomes for rent in M...3BR,1BA$0.97
Furman Western Hills2BR 2BA2BR,2BA$1.02
Point at AmesFrisco B2BR,2BA$1.06
Kate's LandingCottage - 22BR,1BA$1.09
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.08
Valley Railroad Apartments1 Bedroom1BR,1BA$0.65
The BrizaRenovated 1 Bedroom1BR,1BA$1.08

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Grand Junction, IA Rentals by Map

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Frequently Asked Questions about Cheap Grand Junction Apartments

How much is rent for a Cheap One Bedroom Grand Junction Apartment?

The lowest price for a Cheap One Bedroom Grand Junction Apartment is $495 at Valley Railroad Apartments.

What is the lowest price for a Cheap Two Bedroom Grand Junction Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grand Junction is starting from $825 at Windsor Pointe.

What is the most affordable Grand Junction Three Bedroom Apartment?

The best deal on a cheap Grand Junction Three Bedroom Apartment rental is at Anna's Grove by Kading and starts from $975.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.