16

Studio Apartments for Rent in Grand Junction, CO

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    Starting at $1,420

    Total Monthly Price

    • Studio - 2 Beds

    200 Rood Ave, Grand Junction, CO 81501

    Welcome to The Junction Apartments, where luxury and adventure converge. Enjoy modern comforts, elevated style, and amenities for every occasion without compromising on the things that matter. Our brand-new studio, one-, and two-bedroom apartments are blazing the trail for a new kind of Colorado-living. Located near I-70 and surrounded by hiking trails and breathtaking mountain views, you can

    The Junction

    (970) 687-7220

    200 Rood Ave, Grand Junction, CO 81501
  • /10

    $950

    Total Monthly Price

    • Studio
    • 1 Bath
    • 200 Sq Ft
    • Newly Remodeled Downtown Studio!

    135 S 10th St, Grand Junction, CO 81501

    This bright and charming studio apartment features a newly remodeled kitchen and bath, offering a fresh and modern feel. Located in the heart of downtown, you'll enjoy easy access to shopping, dining, and entertainment. Don’t miss out on this great value—make this cozy space your new home today!Information deemed reliable but not guaranteed. Tenant to verify all to satisfaction. Certain

    135 S 10th St, Grand Junction, CO 81501
  • /13

    $895

    Total Monthly Price

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Condo for Rent

    721 Horizon Dr Unit Full size fridge, Grand Junction, CO 81506

    Combining all the comforts of lifestyle living with unequaled access to the Horizon Drive area of Grand Junction, Colorado, Horizon Suites offers residents a unique opportunity to live life to the fullest.With newly renovated upscale living spaces located in the heart of Grand Junction, Horizon Suites provides all the amenities one could want in a close-knit community. Private rooms with

    721 Horizon Dr Unit Full size fridge, Grand Junction, CO 81506
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    $800

    Total Monthly Price

    • Studio
    • 1 Bath
    • 500 Sq Ft
    • Condo for Rent

    1060 Grand Ave, Grand Junction, CO 81501

    Conveniently located at 1060 Grand Ave, Unit 3 in Grand Junction, this garden-level studio offers easy access to downtown amenities while providing a functional and comfortable living space. The layout is efficient and open, allowing for flexible use of space for living, sleeping, and work-from-home setups. Natural light filters in at garden level, creating a cozy atmosphere. The unit includes

    1060 Grand Ave, Grand Junction, CO 81501

Why Live in Grand Junction

Nestled between red rock canyons and the world's largest flat-top mountain, Grand Junction combines stunning natural landscapes with rich cultural experiences. Residents explore Colorado National Monument's winding Rim Rock Drive and hike Devil's Kitchen trails, while the Grand Mesa provides year-round recreation at Mesa Lakes and Lost Lake. Downtown Grand Junction's Main Street features the Art on the Corner public displays, independent shops like Out West Books, and upscale dining at Bin 707 Foodbar, which serves seasonal menus with local ingredients. The Avalon Theatre hosts live performances and concerts, while the Museums of Western Colorado showcase regional history through three distinct venues.

The Grand Junction housing market features diverse options across several neighborhoods. The median sale price for homes is $410,000, with single family homes at $429,900 and townhomes at $385,000. Condominiums range from $179,500 for one bedroom units to $255,000 for two bedrooms. The Redlands area commands the highest median single family home prices at $699,000, while Downtown Grand Junction presents more affordable options with a median of $346,700.

Living costs in Grand Junction run 6.1% above the national average. A family with school-age children needs approximately $112,000 annually to live comfortably, while renters should aim for $60,000. Monthly grocery expenses average $1,600 for families and $700 for renters. Property taxes remain relatively low at 0.39%, complemented by a 4.40% state income tax rate. The education system includes highly rated public schools like Broadway Elementary School and Palisade High School, plus private options such as Bookcliff Christian School. Colorado Mesa University provides higher education opportunities within the city.

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 $1,862 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while single-family homes and townhouses 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 $74,480 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 $1,862 per month in Grand Junction, CO, renters typically need to show $5,586 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 18.1, 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.

Rental Home Trends in Grand Junction, CO

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,862
Median Single Family Home Rent
$2,000
Median Townhouse Rent
$2,300
Median Condo Rent
$1,250
How to Rent a Home