
Cheap Apartments for Rent in Montrose, CO from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Montrose.


Rendezvous Apartments

Sunshine Peak Annex

Sunshine Peak

The Residences at Dry Cedar Creek

Montrose Apartments
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.

Pinon Way Apartments

Cimarron Village

Woodgate Trails

Northbrook Villas

760 Colorado Ave

730 US-50
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.

1810 North Ave

333 North Ave

2824 North Ave

101-107 W Bridge St

2400 North Ave

459 Topaz Dr
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.

1600 N 17th St

457 Topaz Dr

1311 N 16th St

433 Pendleton St

220 S Bower Ave

2847 Oxford Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

487 Tracy Dr
Montrose, CO Local Guide

How much does it cost to rent an apartment in Montrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Montrose Studio Apartments | $1,654 | $775 | $3,483 |
| Cheap Montrose 1 Bedroom Apartments | $1,589 | $595 | $3,300 |
| Cheap Montrose 2 Bedroom Apartments | $3,072 | $1,050 | $10,000+ |
| Cheap Montrose 3 Bedroom Apartments | $8,765 | $1,500 | $10,000+ |
| Cheap Montrose 4 Bedroom Apartments | $9,994 | $2,395 | $10,000+ |
Browse Top Apartments in Montrose
See all Apartments in MontroseExplore Montrose
Montrose, CO Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Montrose Apartments for Rent
 The cheapest available apartment rental in Montrose, CO is a 2 Beds unit found at Rendezvous Apartments priced from $1,100. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,365. Here is today’s list of the most affordable Montrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rendezvous Apartments | Model Unit | 2BR,1BA | $1,100 |
| The Junction | Trailhead- 0BR/1BA | Studio,1BA | $1,365 |
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1,395 |
| The Landing on Horizon | The Abbey | Studio,1BA | $1,405 |
| The Railyard at Rimrock | The Napa - one bedroom one bath | 1BR,1BA | $1,445 |
Best Value Apartments for Rent in Montrose, CO
As of January 09, 2026 the best value apartment in the Montrose area is the $1.57 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,395. The second greatest value Montrose apartment is the 2BR/1.0BA Model at Summit View Terrace starting at $1,395 with a $1.64 price per square foot in the Central Grand Junction 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 | End Unit | 3BR,2.5BA | $1.57 |
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.64 |
| Copper Village Apartments | The Monument | 1BR,1BA | $1.98 |
| Rya Suites | 1B | 1BR,1.5BA | $2.11 |
| The Railyard at Rimrock | The Napa - one bedroom one bath | 1BR,1BA | $1.92 |
| The Slate on 25 | Napa | 1BR,1BA | $1.95 |
| Hayden Place | A2 | 1BR,1BA | $4.40 |
| The Landing on Horizon | The Abbey | Studio ,1BA | $2.46 |
| Tree Farm Lofts | E1 | Studio ,1BA | $5.76 |
| The Junction | Ute- 0BR/1BA | Studio ,1BA | $3.03 |
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 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 $1,365.
How much is rent for a Cheap One Bedroom Montrose Apartment?
The lowest price for a Cheap One Bedroom Montrose Apartment is $1,445 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 $1,100 at Rendezvous Apartments.
What is the most affordable Montrose Three Bedroom Apartment?
The best deal on a cheap Montrose Three Bedroom Apartment rental is at The Railyard at Rimrock and starts from $2,185.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!