$2,300 Per Month
- 4 Beds
- 2 Baths
- 1,624 Sq Ft
- House for Rent
231 1/2 Beaver St, Grand Junction, CO 81503
231 1/2 Beaver St, Grand Junction, CO 81503
Frequently Asked Questions
How much does it cost to rent a home in Grand Junction, CO?
The median rent for a home in Grand Junction, CO is $1,950 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Grand Junction, CO?
To comfortably afford the median rent in Grand Junction, CO, a household needs to earn roughly $78,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,950 per month in Grand Junction, CO, renters typically need to show $5,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Grand Junction, CO?
In Grand Junction, CO, the price-to-rent ratio is 17.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Grand Junction, CO are best for renting a home?
The best neighborhood for renting in Grand Junction, CO depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Downtown Grand Junction, North Grand Junction, Redlands, Orchard Mesa and Northeast Grand Junction, each with its own character and price range.
