
Cheap Homes for Rent in Parachute, CO from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Parachute.


3227 White Ave

3247 Main St

234 4th St

497 Coronado Ct
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.

2839 Elm Ave

2839 Elm Ave

3146 Lakeside Dr

2404 West Ave

3307 Delicious 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.

3307 Delicious Dr

485 Rambling Acres Rd

517-518 29 3/8 Rd

951 Iowa Ave

3249 White 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.

3190 1/2 Bunting Ave
Parachute, CO Local Guide

How much does it cost to rent a home in Parachute?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parachute 2 Bedroom Homes for Rent | $1,781 | $1,200 | $2,800 |
| Parachute 3 Bedroom Homes for Rent | $2,286 | $1,395 | $3,950 |
| Parachute 4 Bedroom Homes for Rent | $2,432 | $2,265 | $2,600 |
| Parachute 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Parachute
Explore Parachute
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 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 Parachute 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 |
| Copper Village Apartments | The Bookcliff | 1BR,1BA | $1,625 |
| Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,650 |
| The Slate on 25 | Napa | 1BR,1BA | $1,683 |
Best Value Apartments for Rent in Parachute, CO and Nearby
As of April 21, 2026 the best value apartment in the Parachute 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 Parachute apartment is the Ventura Model at The Slate on 25 starting at $2,138 with a $1.80 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 | Middle Unit | 3BR,2.5BA | $1.69 |
| The Slate on 25 | Ventura | 2BR,2BA | $1.80 |
| Hayden Place | B1 | 2BR,2BA | $3.69 |
| 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 |
| SIX CANYON | Oasis | 1BR,1BA | $3.28 |
| 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 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
Frequently Asked Questions about Parachute
What type of rentals are currently available in Parachute?
There are currently 42 Apartments for Rent in Parachute, CO with pricing that ranges from $800 to $117,654. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parachute ranging from $600 to $3,950.
What is the current price range for Rental Homes in Parachute?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parachute ranges from $600 to $3,950 with an average monthly rent of $1,919.
How much are larger Three and Four Bedroom Rentals in Parachute?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parachute range from $1,975 to $4,255, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,950. Four Bedroom Single-Family rentals are also available starting from $2,265 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

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.

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.