
Cheap Apartments for Rent in Gunnison, CO from $642 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Gunnison.


The Lofts on College Avenue

Aster Place

11 W 1st Ave

312 Hulbert Ave

531 1/2 N 3rd St

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Red Cliff Apartments

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Straight Creek Apartments

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Bighorn Crossing
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.

205 Hallock Ln, Unit 200A

939 Iowa Ave

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The House Apartments

The Scout

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The Meadows

River Run

Vista Verde Workforce

SIX CANYON

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Lofts
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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The Pike

Hayden Place

Rendezvous Apartments

505 N 6th St

Meadows Apartments

118 New St

Basecamp

13355 Marine Rd

1937 Court Way
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.

177 CO-91

512 E 9th St

1911 Court Way

L3 at Green Leaf Lofts

Red Table Apartments

Altitude Apartments

27040 Co Rd 310

Flats on 2nd Apartments

2040 E Miami Rd
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.

MountainView Flats

1693 Wetterhorn St

1301 Weminuche Ave

525 Red Lady Ave

21 Crested Mountain Ln

921 Mt Massive Dr

902 W 6th St

15255-15O74 O74 Rd

904 W 6th 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.

The Piedmont Apartments

13346 Co Rd 220
Gunnison, CO Local Guide

How much does it cost to rent an apartment in Gunnison?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gunnison Studio Apartments | $2,359 | $1,629 | $3,683 |
| Gunnison 1 Bedroom Apartments | $3,444 | $642 | $10,000+ |
| Gunnison 2 Bedroom Apartments | $7,825 | $770 | $10,000+ |
| Gunnison 3 Bedroom Apartments | $5,954 | $890 | $10,000+ |
| Gunnison 4 Bedroom Apartments | $21,545 | $10,000 | $10,000+ |
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Gunnison, CO Local Guide
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Cheapest Available Gunnison Apartments for Rent and Nearby
 The cheapest available apartment rental in Gunnison, CO is a 1 Bed unit found at Aster Place priced from $642. Red Cliff Apartments in the Rockridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,353. Here is today’s list of the most affordable Gunnison apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Place | One Bedroom - 30% AMI | 1BR,1BA | $642 |
| Red Cliff Apartments | A1 Loft | 1BR,1BA | $1,353 |
| Bighorn Crossing | 2 Bed 2 Bath | 2BR,2BA | $1,609 |
| Straight Creek Apartments | Keystone | 2BR,1BA | $1,949 |
| Basecamp | Two Bedroom | 2BR,2BA | $1,950 |
| The Scout | D1310x1TA | Studio,1BA | $2,001 |
| SIX CANYON | Oasis | 1BR,1BA | $2,295 |
| Lofts | E1 | 1BR,1BA | $2,441 |
| The Pike | Larkspur | Studio,1BA | $2,444 |
| The Piedmont Apartments | Valhalla | 1BR,1BA | $2,531 |
Best Value Apartments for Rent in Gunnison, CO and Nearby
As of September 08, 2026 the best value apartment in the Gunnison area is the $3.34 price per square foot Ground Floor Apartment Model at Wave on the Blue in the starting from $5,050. The second greatest value Gunnison apartment is the Yampah Model at SIX CANYON starting at $2,805 with a $2.64 price per square foot . Here is today’s list of the best values for Gunnison apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wave on the Blue | Ground Floor Apartment | 2BR,2BA | $3.34 |
| SIX CANYON | Yampah | 2BR,2BA | $2.64 |
| Basecamp | Two Bedroom | 2BR,2BA | $1.96 |
| River Run | Two Bedroom | 2BR,2BA | $3.19 |
| Chambers Lofts | 2BR/2.0BA | 2BR,2BA | $3.36 |
| Red Table Apartments | 2BR/2BA - B1 | 2BR,2BA | $2.91 |
| Bighorn Crossing | 2 Bed 2 Bath | 2BR,2BA | $2.00 |
| Aster Place | One Bedroom - 40% AMI | 1BR,1BA | $1.07 |
| Straight Creek Apartments | Keystone | 2BR,1BA | $2.60 |
| Red Cliff Apartments | A1 Loft | 1BR,1BA | $3.01 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Best Local Schools in Gunnison, CO
Gunnison Elementary School
Gunnison High School
Gunnison Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Gunnison, CO Rentals by Map
See the most popular apartments and homes in Gunnison, CO
Frequently Asked Questions about Cheap Gunnison Apartments
What is the Cheapest Studio apartment in Gunnison?
Currently the most affordable Cheap Studio Apartment in Gunnison is at The House Apartments listed at $1,629.
How much is rent for a Cheap One Bedroom Gunnison Apartment?
The lowest price for a Cheap One Bedroom Gunnison Apartment is $642 at Aster Place.
What is the lowest price for a Cheap Two Bedroom Gunnison Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gunnison is starting from $770 at Aster Place.
What is the most affordable Gunnison Three Bedroom Apartment?
The best deal on a cheap Gunnison Three Bedroom Apartment rental is at Aster Place and starts from $890.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.