
Cheap Apartments for Rent in Montrose, CO from $400 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Montrose.


Total Monthly Price
308 S Ute Ave, Unit 308 - No Smoking and No Pets, Unit 308 - No Smoking and No Pets

Sunshine Peak Annex

Sunshine Peak

The Residences at Dry Cedar Creek

Montrose Apartments

Pinon Way Apartments
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.

Cimarron Village

Woodgate Trails

Northbrook Villas

Rendezvous Apartments

Available Now!

333 US-6

730 US-50
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.

333 North Ave

704 Horizon Dr

721 Horizon Dr

101-107 W Bridge St

330 Ouray Ave

1074 Cedar Way

515-528 Road
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.

869 Iowa Ave

201 Plateau Ave

3298 Lombardy Ln

3227 White Ave

3247 Main St

234 4th St

497 Coronado Ct
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.
Montrose, CO Local Guide

How much does it cost to rent an apartment in Montrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montrose Studio Apartments | $1,779 | $895 | $3,483 |
| Montrose 1 Bedroom Apartments | $4,227 | $820 | $10,000+ |
| Montrose 2 Bedroom Apartments | $7,779 | $800 | $10,000+ |
| Montrose 3 Bedroom Apartments | $3,429 | $2,345 | $9,354 |
| Montrose 4 Bedroom Apartments | $12,478 | $3,562 | $10,000+ |
Browse Top Apartments in Montrose
See all Apartments in MontroseExplore Montrose
Montrose, CO Local Guide
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Cheapest Available Montrose Apartments for Rent and Nearby
 The cheapest available apartment rental in Montrose, CO is a Studio unit found at The Junction in the Historic Downtown Grand Junction neighborhood priced from $1,420. SLICK ROCK APARTMENTS in the Appleton neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,425. Here is today’s list of the most affordable Montrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,420 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| The Railyard at Rimrock | The Napa - one bedroom one bath | 1BR,1BA | $1,580 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $1,625 |
| The Slate on 25 | Napa | 1BR,1BA | $1,633 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| Basecamp | One Bedroom | 1BR,1BA | $1,690 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2,038 |
| Pomona Park Townhomes | Middle Unit | 3BR,2BA | $2,457 |
Best Value Apartments for Rent in Montrose, CO and Nearby
As of April 27, 2026 the best value apartment in the Montrose area is the $1.69 price per square foot Middle Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,457. The second greatest value Montrose apartment is the 2x1 895 Model at Peppermill Lofts starting at $1,650 with a $1.84 price per square foot in the Horizon neighborhood. Here is today’s list of the best values for Montrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pomona Park Townhomes | Middle Unit | 3BR,2.5BA | $1.69 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.08 |
| The Railyard at Rimrock | The Napa - one bedroom one bath | 1BR,1BA | $2.10 |
| The Slate on 25 | Napa | 1BR,1BA | $2.18 |
| Basecamp | One Bedroom | 1BR,1BA | $2.35 |
| 308 S Ute Ave, Unit 308 - No Smoking and No Pets | 308 S Ute Ave | 1BR,1BA | $2.66 |
| The Junction | Jackalope- 0BR/1BA | Studio ,1BA | $3.07 |
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.
Best Local Schools in Montrose, CO
Cottonwood Elementary School
Montrose High School
Centennial Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Montrose, CO Rentals by Map
See the most popular apartments and homes in Montrose, CO
Frequently Asked Questions about Cheap Montrose Apartments
What is the Cheapest Studio apartment in Montrose?
Currently the most affordable Cheap Studio Apartment in Montrose is at The Junction listed at $1,420.
How much is rent for a Cheap One Bedroom Montrose Apartment?
The lowest price for a Cheap One Bedroom Montrose Apartment is $1,580 at The Railyard at Rimrock.
What is the lowest price for a Cheap Two Bedroom Montrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Montrose is starting from $1,425 at SLICK ROCK APARTMENTS.
What is the most affordable Montrose Three Bedroom Apartment?
The best deal on a cheap Montrose Three Bedroom Apartment rental is at Pomona Park Townhomes and starts from $2,457.
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.