
Cheap Homes for Rent in Grand Junction, IA from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Junction.


505 1/2 11th St

116 Shepard St

238 Village 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.

320 S Franklin Ave

310 S 11th St

4008 Ontario St

523 S 11th St
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.
Grand Junction, IA Local Guide

How much does it cost to rent a home in Grand Junction?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Junction 2 Bedroom Homes for Rent | $1,121 | $800 | $2,100 |
| Grand Junction 3 Bedroom Homes for Rent | $1,733 | $1,100 | $2,900 |
| Grand Junction 4 Bedroom Homes for Rent | $1,916 | $1,700 | $2,200 |
| Grand Junction 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Grand Junction
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Grand Junction, IA Local Guide
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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 The Briza priced from $647. Western Hills Apartments in the Fountainview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Grand Junction apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Briza | Renovated 1 Bedroom | 1BR,1BA | $647 |
| Western Hills Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $745 |
| Granger Lofts | 1BR Upper | 1BR,1BA | $780 |
Best Value Apartments for Rent in Grand Junction, IA and Nearby
As of April 29, 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 4 Bedroom/2 Bathroom Model at Tripp Street Apartments starting at $1,400 with a $1.12 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Ridge | 3515 Lincoln Way ( 4 bdrm ) | 4BR,3BA | $1.02 |
| Tripp Street Apartments | 4 Bedroom/2 Bathroom | 4BR,2BA | $1.12 |
| The Madison | 3x3 Furnished | 3BR,3BA | $0.55 |
| The Social Reserve | Jasper Renovated - Reserve | 2BR,2BA | $0.63 |
| Furman Western Hills | 2BR 2BA | 2BR,2BA | $1.02 |
| Western Hills Apartments | 2 Bed/2 Bath Apartment | 2BR,2BA | $1.05 |
| Point at Ames | Frisco B | 2BR,2BA | $1.06 |
| Kate's Landing | Cottage - 2 | 2BR,1BA | $1.09 |
| SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.08 |
| The Briza | Renovated 1 Bedroom | 1BR,1BA | $1.08 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Grand Junction
What type of rentals are currently available in Grand Junction?
There are currently 59 Apartments for Rent in Grand Junction, IA with pricing that ranges from $399 to $2,370. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Junction ranging from $400 to $3,000.
What is the current price range for Rental Homes in Grand Junction?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Junction ranges from $400 to $3,000 with an average monthly rent of $1,496.
How much are larger Three and Four Bedroom Rentals in Grand Junction?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Grand Junction range from $489 to $2,370, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $399.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.