Cheap Apartments for Rent in Parachute, CO from $700 (30 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Willow Ridge
1 to 3 Bedroom Apartments

Willow Ridge

854 W Battlement PkyParachute, CO 81635
  • Utilities Included
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
Showing Results 1-30, Page 1 of 1

Parachute, CO Local Guide

Cheapest Available Parachute Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parachute, CO is a 1 Bed unit found at Summit View Terrace in the Central Grand Junction neighborhood priced from $1,195. The Junction in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,292. Here is today’s list of the most affordable Parachute apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Summit View Terrace1BR/1.0BA1BR,1BA$1,195
The JunctionJackalope- 0BR/1BAStudio,1BA$1,292
Peppermill Lofts2x1 900 SF2BR,1BA$1,550
Rya Suites1A1BR,1BA$1,569
951 Iowa Avenue3BR/1.0BA3BR,1BA$1,595
L3 at Green Leaf LoftsL3 E11BR,1BA$2,179
Green Leaf LoftsA11BR,1BA$2,370
SIX CANYONOasis1BR,1BA$2,375
Tree Farm LoftsE2Studio,1BA$2,995
Hayden PlaceA21BR,1BA$3,047

Best Value Apartments for Rent in Parachute, CO and Nearby

As of March 26, 2025 the best value apartment in the Parachute area is the $1.56 price per square foot 3BR/1.0BA Model at 951 Iowa Avenue in the starting from $1,595. The second greatest value Parachute apartment is the 2x1 900 SF Model at Peppermill Lofts starting at $1,550 with a $1.72 price per square foot in the Historic Downtown Grand Junction neighborhood. Here is today’s list of the best values for Parachute apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
951 Iowa Avenue3BR/1.0BA3BR,1BA$1.56
Peppermill Lofts2x1 900 SF2BR,1BA$1.72
Green Leaf LoftsA11BR,1BA$3.29
Summit View Terrace1BR/1.0BA1BR,1BA$1.71
Rya Suites1A1BR,1BA$2.27
SIX CANYONOasis1BR,1BA$3.48
Hayden PlaceA21BR,1BA$4.63
L3 at Green Leaf LoftsL3 E11BR,1BA$4.07
Tree Farm LoftsE1Studio ,1BA$6.79
The JunctionUte- 0BR/1BAStudio ,1BA$3.12

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Parachute, CO

School data provided by Great Schools

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

Explore Parachute, CO Rentals by Map

Decorative image of map

See the most popular apartments and homes in Parachute, CO

View MapParachute, CO Apartments MapView MapParachute, CO Rental Homes Map

Getting Around Parachute, CO

Walk Score®

17 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Parachute Apartments

What is the Cheapest Studio apartment in Parachute?

Currently the most affordable Cheap Studio Apartment in Parachute is at The Junction listed at $1,292.

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

The lowest price for a Cheap One Bedroom Parachute Apartment is $1,195 at Summit View Terrace.

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

Today's best deal for a Cheap Two Bedroom Apartment in Parachute is starting from $1,425 at Summit View Terrace.

What is the most affordable Parachute Three Bedroom Apartment?

The best deal on a cheap Parachute Three Bedroom Apartment rental is at 951 Iowa Avenue and starts from $1,595.

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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.