Cheap Apartments for Rent in Lake City, CO from $700 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake City.

property at 1810 North Ave

1810 North Ave

Grand JunctionCO81501

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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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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Lake City, CO Local Guide

Cheapest Available Lake City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake City, CO is a 1 Bed unit found at Summit View Terrace in the Central Grand Junction neighborhood priced from $1,195. River Roost in the Hawks Nest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,239. Here is today’s list of the most affordable Lake City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Summit View Terrace1BR/1.0BA1BR,1BA$1,195
River RoostA2Studio,1BA$1,239
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1,395
Red CliffA1 Loft1BR,1BA$1,395
The JunctionJackalope- 0BR/1BAStudio,1BA$1,448

Best Value Apartments for Rent in Lake City, CO and Nearby

As of June 17, 2025 the best value apartment in the Lake City area is the $1.49 price per square foot 2A Model at Rya Suites in the in the Historic Downtown Grand Junction neighborhood starting from $1,879. The second greatest value Lake City apartment is the Ventura Model at The Slate on 25 starting at $1,905 with a $1.60 price per square foot in the Historic Downtown Grand Junction neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rya Suites2A2BR,2BA$1.49
The Slate on 25Ventura2BR,2BA$1.60
Peppermill Lofts2x1 900 SF2BR,1BA$1.74
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1.67
GaugeA11BR,1BA$2.62
Summit View Terrace1BR/1.0BA1BR,1BA$1.71
The JunctionJackalope- 0BR/1BAStudio ,1BA$3.13
Red CliffA1 Loft1BR,1BA$2.88
River RoostA1FStudio ,1BA$4.96

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

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Getting Around Lake City, CO

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake City Apartments

What is the Cheapest Studio apartment in Lake City?

Currently the most affordable Cheap Studio Apartment in Lake City is at River Roost listed at $1,289.

How much is rent for a Cheap One Bedroom Lake City Apartment?

The lowest price for a Cheap One Bedroom Lake City Apartment is $1,195 at Summit View Terrace.

What is the lowest price for a Cheap Two Bedroom Lake City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake City is starting from $1,395 at SLICK ROCK APARTMENTS.

What is the most affordable Lake City Three Bedroom Apartment?

The best deal on a cheap Lake City Three Bedroom Apartment rental is at Gauge and starts from $2,929.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.