Cheap Apartments for Rent in Montrose, CO from $500 (10 Rentals)

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Cheap Apartments in Montrose.

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Cimarron Village
1 Bedroom Apartments

Cimarron Village

1811 Pavilion DrMontrose, CO 81401
Senior Living
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Northbrook Villas
2 to 3 Bedroom Apartments

Northbrook Villas

14747 Marine RdMontrose, CO 81403
property at 730 US-50

730 US-50

Grand JunctionCO81503

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.

property at 2222 North Ave

2222 North Ave

Grand JunctionCO81501
property at 1810 North Ave

1810 North Ave

Grand JunctionCO81501
property at 2400 North Ave

2400 North Ave

Grand JunctionCO81501
property at 540 Hill Ave

540 Hill Ave

Grand JunctionCO81501

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.

Montrose, CO Local Guide

Cheapest Available Montrose Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montrose, CO is a 1 Bed unit found at Summit View Terrace in the Central Grand Junction neighborhood priced from $1,225. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,367. Here is today’s list of the most affordable Montrose apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Summit View Terrace1BR/1.0BA1BR,1BA$1,225
The JunctionJackalope- 0BR/1BAStudio,1BA$1,367
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1,395

Best Value Apartments for Rent in Montrose, CO and Nearby

As of May 05, 2025 the best value apartment in the Montrose area is the $3.73 price per square foot B4 Model at Hayden Place in the starting from $3,950. The second greatest value Montrose apartment is the 2BR/1.0BA Model at SLICK ROCK APARTMENTS starting at $1,395 with a $1.67 price per square foot in the Historic Downtown Grand Junction neighborhood. Here is today’s list of the best values for Montrose apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hayden PlaceB42BR,2BA$3.73
SLICK ROCK APARTMENTS2BR/1.0BA2BR,1BA$1.67
Summit View Terrace1BR/1.0BA1BR,1BA$1.75
Rya Suites1A1BR,1BA$2.27
Tree Farm LoftsE1Studio ,1BA$6.79
The JunctionUte- 0BR/1BAStudio ,1BA$3.28

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

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Getting Around Montrose, CO

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Montrose Apartments

What is the Cheapest Studio apartment in Montrose?

Currently the most affordable Cheap Studio Apartment in Montrose is at The Junction listed at $1,367.

How much is rent for a Cheap One Bedroom Montrose Apartment?

The lowest price for a Cheap One Bedroom Montrose Apartment is $1,225 at Summit View Terrace.

What is the lowest price for a Cheap Two Bedroom Montrose Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montrose is starting from $1,395 at SLICK ROCK APARTMENTS.

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

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.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.