Cheap Apartments for Rent in Parachute, CO from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Parachute.

730 US-50

2222 North Ave

721 Horizon Dr

1810 North Ave

2400 North Ave

1323 N 18th St

3245 Downey Ct

481 1/2 Tracy Dr

8 W Ridge Ct

Summit View Terrace

The Railyard at Rimrock

The Junction

1181 Main St

The Slate on 25

The Landing on Horizon

1140 Walnut Ave

1301 Rood Ave

2441 Bunting Ave

2233 Hall Ave

489-432 32 Rd

311 1/2 W 1st St

558 1/2 Garfield Dr

429 Pendleton St

418 1/2-430 1/2 30 1/2 Rd

3246.5 Downey Ct

2970 Hall Ave
Parachute, CO Local Guide

How much does it cost to rent an apartment in Parachute?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parachute Studio Apartments | $1,693 | $775 | $3,358 |
Parachute 1 Bedroom Apartments | $2,301 | $795 | $4,465 |
Parachute 2 Bedroom Apartments | $2,537 | $1,100 | $5,990 |
Parachute 3 Bedroom Apartments | $2,184 | $1,500 | $3,731 |
Parachute 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
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Parachute, CO Local Guide
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Cheapest Available Parachute Apartments for Rent and Nearby
 The cheapest available apartment rental in Parachute, CO is a Studio unit found at The Junction in the Historic Downtown Grand Junction neighborhood priced from $1,292. Peppermill Lofts in the Historic Downtown Grand Junction neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,550. Here is today’s list of the most affordable Parachute apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Junction | Jackalope- 0BR/1BA | Studio,1BA | $1,292 |
Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1,550 |
951 Iowa Avenue | 3BR/1.0BA | 3BR,1BA | $1,595 |
L3 at Green Leaf Lofts | L3 E1 | 1BR,1BA | $2,179 |
Green Leaf Lofts | A1 | 1BR,1BA | $2,402 |
Tree Farm Lofts | E2 | Studio,1BA | $2,933 |
Hayden Place | A2 | 1BR,1BA | $3,047 |
Best Value Apartments for Rent in Parachute, CO and Nearby
As of March 10, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
951 Iowa Avenue | 3BR/1.0BA | 3BR,1BA | $1.56 |
Peppermill Lofts | 2x1 900 SF | 2BR,1BA | $1.72 |
Hayden Place | A2 | 1BR,1BA | $4.63 |
Green Leaf Lofts | E1 | 1BR,1BA | $4.01 |
L3 at Green Leaf Lofts | L3 E1 | 1BR,1BA | $4.07 |
Tree Farm Lofts | E1 | Studio ,1BA | $6.79 |
The Junction | Ute- 0BR/1BA | Studio ,1BA | $2.93 |
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Best Local Schools in Parachute, CO
Bea Underwood Elementary School
School data provided by Great Schools
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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 $1,630 at The Junction.
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 $1,550 at Peppermill Lofts.
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.

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.