
Cheap Apartments for Rent in the Elmwood Plaza Neighborhood of Grand Junction, CO from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Elmwood Plaza area of Grand Junction.


1810 North Ave

2233 Hall Ave, Unit A - 1

1505 N 20th St, Unit B-1

2226 Texas Ave, Unit A

2400 North Ave

1323 N 18th St

1151 Belford Ave, Unit 1

1433 Rood Ave

2233 Hall Ave

611 Belford Ave

1107 Bookcliff Ave

925 N 10th St

1102 Belford Ave

1225 N 23rd St
Elmwood Plaza, Grand Junction, CO Local Guide
How much does it cost to rent an apartment in Elmwood Plaza?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elmwood Plaza Studio Apartments | $1,356 | $1,260 | $1,437 |
Elmwood Plaza 1 Bedroom Apartments | $1,405 | $795 | $1,755 |
Elmwood Plaza 2 Bedroom Apartments | $1,823 | $1,350 | $2,185 |
Elmwood Plaza 3 Bedroom Apartments | $1,802 | $1,500 | $2,105 |
Elmwood Plaza 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 1 mile radius of the Elmwood Plaza Neighborhood of Grand Junction, CO.
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Elmwood Plaza, Grand Junction, CO Local Guide
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Cheapest Available Elmwood Plaza Apartments for Rent
 The cheapest available apartment rental in the Elmwood Plaza area of Grand Junction, CO is a Studio unit found at Monument Studios priced from $795. Summit View Terrace has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Elmwood Plaza apartments for rent in Grand Junction, CO:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Monument Studios | Large Studio | Studio,1BA | $795 |
Summit View Terrace | 1BR/1.0BA | 1BR,1BA | $1,195 |
The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,292 |
Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,550 |
Rya Suites | 1A | 1BR,1BA | $1,569 |
Best Value Apartments for Rent in Elmwood Plaza, CO
As of March 23, 2025 the best value apartment in the Elmwood Plaza area is the $1.72 price per square foot 2x1 900 SF Model at Peppermill Lofts in the in the Historic Downtown Grand Junction neighborhood starting from $1,550. The second greatest value Elmwood Plaza apartment is the 1BR/1.0BA Model at Summit View Terrace starting at $1,195 with a $1.71 price per square foot in the Central Grand Junction neighborhood. Here is today’s list of the best values for Elmwood Plaza apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1.72 |
Summit View Terrace | 1BR/1.0BA | 1BR,1BA | $1.71 |
Rya Suites | 1A | 1BR,1BA | $2.27 |
The Junction | Ute- 0BR/1BA | Studio ,1BA | $3.12 |
Monument Studios | Large Studio | Studio ,1BA | $2.21 |
Quick 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.
Pet Friendly LifestyleElmwood Plaza, Grand Junction, CO
Ranked #4
Among neighborhoods in Grand Junction, CO for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Elmwood Plaza, Grand Junction, CO
Grand Junction High School
School data provided by Great Schools
Best Local Schools in Elmwood Plaza, Grand Junction, CO
Grand Junction High School
School data provided by Great Schools
Frequently Asked Questions about Cheap Elmwood Plaza Apartments
What is a cheap apartment in Elmwood Plaza?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Elmwood Plaza is under $1,569.
What is the price of a cheap apartment in Elmwood Plaza?
The cheapest apartment in Elmwood Plaza is Summit View Terrace which is listed at $1,195, while the average apartment in Elmwood Plaza costs $1,895.
What types of apartments are the cheapest in Elmwood Plaza?
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 2,752 regular apartments in Elmwood Plaza that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Elmwood Plaza?
Cheap apartments in Elmwood Plaza have an average cost of $1,081 which is $814 cheaper than the average rent for all rentals in Elmwood Plaza.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.