Cheap Apartments for Rent in Grand Junction, CO from $700 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grand Junction.

property at 730 US-50

730 US-50

Grand JunctionCO81503
property at 2222 North Ave

2222 North Ave

Grand JunctionCO81501
property at 721 Horizon Dr

721 Horizon Dr

Grand JunctionCO81506
property at 1810 North Ave

1810 North Ave

Grand JunctionCO81501
property at 2400 North Ave

2400 North Ave

Grand JunctionCO81501
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Monument Studios
Studio to 1 Bedroom Apartments

Monument Studios

1600 North AveGrand Junction, CO 81501
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Foresight Village
2 Bedroom Apartments

Foresight Village

606 25 1/2 RdGrand Junction, CO 81505
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Villa West Apartments
1 Bedroom Apartments

Villa West Apartments

406 N 22nd StGrand Junction, CO 81501
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Park East Apartments
1 Bedroom Apartments

Park East Apartments

2344-2355 Teller CtGrand Junction, CO 81501
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Belford Apartments
1 Bedroom Apartments

Belford Apartments

1029 Belford AveGrand Junction, CO 81501
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1626 Rood Avenue
2 Bedroom Apartments

1626 Rood Avenue

1620 Rood AveGrand Junction, CO 81501
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Aspen Leaf Place
2 Bedroom Apartments

Aspen Leaf Place

960 Bookcliff AveGrand Junction, CO 81501
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Midtown Apartments
1 to 3 Bedroom Apartments

Midtown Apartments

1030 Teller AveGrand Junction, CO 81501
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Raintree Apartments
2 Bedroom Apartments

Raintree Apartments

1930 Grand AveGrand Junction, CO 81501
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Las Casas Apartments
2 Bedroom Apartments

Las Casas Apartments

330 Glenwood AveGrand Junction, CO 81501
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Grand Junction, CO Local Guide

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Grand Junction, CO

Pricing Updated: 03/28/2025

Current apartment rentals in the Grand Junction, CO area range in price from $775 to $2,185 with an overall median price of $1,894. The three Grand Junction neighborhoods with the lowest median rent pricing are Campbell Estates at $1,100, Countryside at $1,100, and Shadowbrook at $1,100. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Grand Junction Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Campbell Estates$1,100$1,1003
Countryside$1,100$1,1003
Shadowbrook$1,100$1,1003
Central Grand Junction$1,500$79512
Fairmount$1,500$7958
Patterson Gardens$1,500$7959
Prospect Park$1,750$79513
Autumn Glenn$1,812$79513
Fruitvale$1,812$7958
Lauradale$1,812$79513

Cheapest Available Grand Junction Apartments for Rent

 

The cheapest available apartment rental in Grand Junction, CO is a Studio unit found at Monument Studios in the Central Grand Junction neighborhood priced from $795. Summit View Terrace in the Central Grand Junction neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here is today’s list of the most affordable Grand Junction apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monument StudiosLarge StudioStudio,1BA$795
Summit View Terrace1BR/1.0BA1BR,1BA$1,195
The JunctionJackalope- 0BR/1BAStudio,1BA$1,292
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1,395
1535 Poplar Drive2BR/1.0BA2BR,1BA$1,525

Best Value Apartments for Rent in Grand Junction, CO

As of March 28, 2025 the best value apartment in the Grand Junction area is the $1.15 price per square foot 1344 E Sherwood Dr Model at 1344 E Sherwood Dr, Unit 4 in the in the Central Grand Junction neighborhood starting from $1,375. The second greatest value Grand Junction apartment is the 2BR/1.0BA Model at 1535 Poplar Drive starting at $1,525 with a $1.36 price per square foot in the Appleton neighborhood. Here is today’s list of the best values for Grand Junction apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1344 E Sherwood Dr, Unit 41344 E Sherwood Dr1BR,1.5BA$1.15
1535 Poplar Drive2BR/1.0BA2BR,1BA$1.36
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1.49
495 1/2 32 1/8 Rd, Unit 495.5 32 18 Rd. #1495 1/2 32 1/8 Rd2BR,1BA$1.33
Peppermill Lofts2x1 900 SF2BR,1BA$1.72
Summit View Terrace1BR/1.0BA1BR,1BA$1.71
Rya Suites1A1BR,1BA$2.27
The JunctionUte- 0BR/1BAStudio ,1BA$3.12
Monument StudiosLarge StudioStudio ,1BA$2.21

Quick Rent Budget Calculator

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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.

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Grand Junction Overview

From its beautiful landscapes of interesting rock foundations and mountains to its pristine lakes, the City of Grand Junction, Colorado is one of the best kept secrets in the state of Colorado.

Why live in Grand Junction, CO?

Grand Junction features a sunny and dry climate which makes it the perfect area for people of all ages. Because it is somewhat isolated, Grand Junction offers those who choose to settle away from the sights and sounds of the fast moving cities surrounding it the opportunity to settle in an area with a slower pace, and a more relaxing atmosphere. Grand Junction has a lot to offer in terms of its culture and its beautiful landscapes offer a peaceful and tranquil setting to come home to after a long day at work.

Grand Junction, CO
Population: 63,374

Ranked #595

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Grand Junction, CO Rentals by Map

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Getting Around Grand Junction, CO

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

20 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Grand Junction Apartments

What is a cheap apartment in Grand Junction?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Grand Junction is under $1,569.

What is the price of a cheap apartment in Grand Junction?

The cheapest apartment in Grand Junction is Summit View Terrace which is listed at $1,195, while the average apartment in Grand Junction costs $1,894.

What types of apartments are the cheapest in Grand Junction?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 608 regular apartments in Grand Junction that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Renting Smart: Lease Basics Every Renter Needs

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