
Cheap Homes for Rent in Prospect Park Neighborhood of Grand Junction, CO from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Prospect Park area of Grand Junction.


2233 Hall Ave, Unit A - 1
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.

333 North Ave

626 N 7th St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1541 Texas Ave

1225 N 23rd St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

1311 N 16th St

2541 Grand Ave
Prospect Park, Grand Junction, CO Local Guide
How much does it cost to rent a home in Prospect Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Prospect Park 2 Bedroom Homes for Rent | $1,499 | $1,095 | $1,950 |
Prospect Park 3 Bedroom Homes for Rent | $2,555 | $2,500 | $2,610 |
Prospect Park 4 Bedroom Homes for Rent | $3,533 | $2,500 | $4,900 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Prospect Park Neighborhood of Grand Junction, CO.
Explore Grand Junction
Prospect Park, Grand Junction, CO Local Guide
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Cheapest Available Prospect Park Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Monument Studios | Large Studio | Studio,1BA | $795 |
Summit View Terrace | 1BR/1.0BA | 1BR,1BA | $1,225 |
Best Value Apartments for Rent in Prospect Park, CO
As of May 10, 2025 the best value apartment in the Prospect Park area is the $1.04 price per square foot 1214 Walnut Ave Model at 1214 Walnut Ave, Unit 4 in the in the Central Grand Junction neighborhood starting from $1,300. The second greatest value Prospect Park apartment is the 1051 Teller Ave Model at 1051 Teller Ave, Unit #1 starting at $1,350 with a $1.70 price per square foot in the Central Grand Junction neighborhood. Here is today’s list of the best values for Prospect Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
1214 Walnut Ave, Unit 4 | 1214 Walnut Ave | 2BR,2BA | $1.04 |
1051 Teller Ave, Unit #1 | 1051 Teller Ave | 2BR,1BA | $1.70 |
Summit View Terrace | 1BR/1.0BA | 1BR,1BA | $1.71 |
446 N 22nd St, Unit 3 | 446 N 22nd St | 2BR,1BA | $1.86 |
1357 N 5th St, Unit 1357 | 1357 N 5th St | 1BR,1BA | $2.00 |
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.
Frequently Asked Questions about Prospect Park
What type of rentals are currently available in Prospect Park?
There are currently 57 Apartments for Rent in Prospect Park, CO with pricing that ranges from $795 to $1,875. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Prospect Park ranging from $800 to $4,900.
What is the current price range for Rental Homes in Prospect Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Prospect Park ranges from $800 to $4,900 with an average monthly rent of $1,939.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.