
Cheap Apartments for Rent in Montrose, CO from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Montrose.


Sunshine Peak

The Residences at Dry Cedar Creek

Montrose Apartments

Pinon Way Apartments

Cimarron Village

Woodgate Trails
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.

Northbrook Villas

Rendezvous Apartments

1023 Teller Ave

467 Meadow Rd

730 US-50

333 North Ave

742 Grand Ave
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.

3299 Lombardy Ln

515-528 Road

101-107 W Bridge St

1074 Cedar Way

The Junction

869 Iowa Ave

SLICK ROCK APARTMENTS
Cash 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.

Total Monthly Price
The Railyard at Rimrock

210 2nd St, Unit 2

426 N 9th St

135 S 10th St

568 Dawn Ct

1741 Ouray Ave

1741 Ouray Ave
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.

3247 Main St

Summit View Flats
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 | $1,923 | $1,370 | $3,483 |
| Cheap Montrose 1 Bedroom Apartments | $4,192 | $825 | $10,000+ |
| Cheap Montrose 2 Bedroom Apartments | $7,338 | $800 | $10,000+ |
| Cheap Montrose 3 Bedroom Apartments | $5,812 | $1,485 | $10,000+ |
| Cheap Montrose 4 Bedroom Apartments | $10,192 | $2,500 | $10,000+ |
Browse Top Apartments in Montrose
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Montrose, CO Local Guide
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Cheapest Available Montrose Apartments for Rent
 The cheapest available apartment rental in Montrose, CO is a 2 Beds unit found at SLICK ROCK APARTMENTS in the Appleton neighborhood priced from $1,425. The Slate on 25 in the Appleton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,633. Here is today’s list of the most affordable Montrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
| The Slate on 25 | Napa | 1BR,1BA | $1,633 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $1,650 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| The Junction | Redland- 1BR/1BA | 1BR,1BA | $1,699 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,723 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1,970 |
| Pomona Park Townhomes | End Unit | 3BR,2BA | $2,557 |
| Tree Farm Lofts | E2 | Studio,1BA | $3,283 |
| Lumen Residences | 2Bed - 3rd Floor | 2BR,2BA | $4,025 |
Best Value Apartments for Rent in Montrose, CO
As of June 12, 2026 the best value apartment in the Montrose area is the $1.64 price per square foot End Unit Model at Pomona Park Townhomes in the in the Appleton neighborhood starting from $2,557. The second greatest value Montrose apartment is the The Riverside - two bedroom two bath Model at The Railyard at Rimrock starting at $1,970 with a $1.78 price per square foot in the Appleton 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 | $1.64 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1.78 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.84 |
| Lumen Residences | 2Bed - 2nd Floor | 2BR,2BA | $4.63 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| The Slate on 25 | Malone | 1BR,1BA | $2.41 |
| The Landing on Horizon | The Malone | 1BR,1BA | $2.47 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.11 |
| The Junction | Redland A- 1 BR/1BA | 1BR,1BA | $2.91 |
| Tree Farm Lofts | E2 | Studio ,1BA | $5.92 |
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 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 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
How much is rent for a Cheap One Bedroom Montrose Apartment?
The lowest price for a Cheap One Bedroom Montrose Apartment is $1,633 at The Slate on 25.
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 The Slate on 25 and starts from $2,413.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.