Cheap Apartments for Rent in Parachute, CO from $700 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Parachute.

704 Horizon Dr

2824 North Ave

721 Horizon Dr

459 Topaz Dr

3290 1/2 Lombardy Ln

457 Topaz Dr
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.

The Railyard at Rimrock

127 Crawford Ln

1260 Bookcliff Ave

The Slate on 25

The Junction

SLICK ROCK APARTMENTS

571-578 29 3/8 Rd
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.

The Landing on Horizon

2912 Dawn Dr

749 Elder Ct

747 Elder Ct

706 Railroad Ave

Rya Suites

3292 Lombardy Ln
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.

433 Pendleton St

455 Topaz Dr

488-32 1/8 32 1/8 Rd

487 Tracy Dr

429 Pendleton St

497 Coronado Ct

3247 Main St

510 Friendship 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.

2401 Rail Ave

2433 Rail Ave

2404 West Ave

2435 Rail Ave

565 W Willow Ct

318 W 2nd St

688 Clarkson 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.
Parachute, CO Local Guide

How much does it cost to rent an apartment in Parachute?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parachute Studio Apartments | $1,791 | $895 | $3,483 |
| Parachute 1 Bedroom Apartments | $2,285 | $795 | $3,419 |
| Parachute 2 Bedroom Apartments | $2,830 | $1,150 | $5,990 |
| Parachute 3 Bedroom Apartments | $3,389 | $1,500 | $6,088 |
| Parachute 4 Bedroom Apartments | $2,931 | $2,395 | $3,500 |
Browse Top Apartments in Parachute
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Parachute, CO Local Guide
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Cheapest Available Parachute Apartments for Rent and Nearby
 The cheapest available apartment rental in Parachute, CO is a 2 Beds unit found at SLICK ROCK APARTMENTS in the Appleton neighborhood priced from $1,395. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,395. Here is today’s list of the most affordable Parachute apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1,395 |
| The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,395 |
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1,395 |
| 1074 Cedar Way | 2BR/1.0BA | 2BR,1BA | $1,450 |
| The Slate on 25 | Napa | 1BR,1BA | $1,460 |
| The Landing on Horizon | The Napa | 1BR,1BA | $1,530 |
| Copper Village Apartments | The Monument | 1BR,1BA | $1,645 |
| Rya Suites | 1B | 1BR,1BA | $1,669 |
| The Railyard at Rimrock | The Riverside - two bedroom two bath | 2BR,2BA | $1,810 |
| SIX CANYON | Oasis | 1BR,1BA | $2,000 |
Best Value Apartments for Rent in Parachute, CO and Nearby
As of December 17, 2025 the best value apartment in the Parachute 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 Parachute apartment is the The Solona - three bedroom two bath Model at The Railyard at Rimrock starting at $2,185 with a $1.65 price per square foot in the Appleton neighborhood. Here is today’s list of the best values for Parachute 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 |
| The Railyard at Rimrock | The Solona - three bedroom two bath | 3BR,2BA | $1.65 |
| 1074 Cedar Way | 2BR/1.0BA | 2BR,1BA | $1.61 |
| Summit View Terrace | 2BR/1.0BA | 2BR,1BA | $1.64 |
| SLICK ROCK APARTMENTS | 2BR/1.0BA | 2BR,1BA | $1.67 |
| Rya Suites | 1B | 1BR,1.5BA | $2.11 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $2.08 |
| The Landing on Horizon | The Napa | 1BR,1BA | $2.04 |
| The Slate on 25 | Napa | 1BR,1BA | $1.95 |
| SIX CANYON | Oasis | 1BR,1BA | $2.93 |
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 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 Parachute, CO
Bea Underwood Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Parachute, CO Rentals by Map
See the most popular apartments and homes in Parachute, CO
Getting Around Parachute, CO
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 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 Parachute Apartments
What is the Cheapest Studio apartment in Parachute?
Currently the most affordable Cheap Studio Apartment in Parachute is at The Junction listed at $1,395.
How much is rent for a Cheap One Bedroom Parachute Apartment?
The lowest price for a Cheap One Bedroom Parachute Apartment is $1,460 at The Slate on 25.
What is the lowest price for a Cheap Two Bedroom Parachute Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parachute is starting from $1,395 at SLICK ROCK APARTMENTS.
What is the most affordable Parachute Three Bedroom Apartment?
The best deal on a cheap Parachute 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

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.




