
Cheap Homes for Rent in Montrose, CO from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Montrose.


505 N 6th St

1741 Ouray Ave

1741 Ouray Ave
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.

489-432 32 Rd

11524 Lakeview Dr

494 Coronado Way

494 Coronado Way
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.
Montrose, CO Local Guide

How much does it cost to rent a home in Montrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montrose 2 Bedroom Homes for Rent | $2,678 | $1,100 | $10,000+ |
| Montrose 3 Bedroom Homes for Rent | $1,979 | $1,300 | $3,000 |
| Montrose 4 Bedroom Homes for Rent | $2,075 | $2,000 | $2,100 |
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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 1 Bed unit found at Aster Place priced from $856. Summit View Apartments in the Central Grand Junction neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Montrose apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aster Place | One Bedroom - 40% AMI | 1BR,1BA | $856 |
| Summit View Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1,150 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,425 |
Best Value Apartments for Rent in Montrose, CO
As of August 18, 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 2A Model at Rya Suites starting at $1,949 with a $1.55 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 |
| Rya Suites | 2A | 2BR,2BA | $1.55 |
| The Junction | Riverfront - 2BR/2BA | 2BR,2BA | $2.28 |
| Peppermill Lofts | 2x1 895 | 2BR,1BA | $1.77 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.70 |
| Aster Place | One Bedroom - 40% AMI | 1BR,1BA | $1.07 |
| Summit View Apartments | 1 Bed, 1 Bath | 1BR,1BA | $1.44 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.11 |
| The Landing on Horizon | The Napa | 1BR,1BA | $2.24 |
| The Slate on 25 | Napa | 1BR,1BA | $2.24 |
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!
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See the most popular apartments and homes in Montrose, CO
Frequently Asked Questions about Montrose
What type of rentals are currently available in Montrose?
There are currently 59 Apartments for Rent in Montrose, CO with pricing that ranges from $800 to $23,441. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montrose ranging from $800 to $16,000.
What is the current price range for Rental Homes in Montrose?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Montrose ranges from $800 to $16,000 with an average monthly rent of $2,441.
How much are larger Three and Four Bedroom Rentals in Montrose?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Montrose range from $1,187 to $18,321, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $3,562.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.