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Rental Market Trends in Grand Junction, CO

Updated July 2026

The average rent in Grand Junction, CO is $1,235/month.

Rent in Grand Junction is 26% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,235/month

Average Rent

620 Sq Ft

Average Size

+1.1%

Change / Year

271

Available Apartments

Grand Junction rent varies by unit size and layout:

  • Studio apartments in Grand Junction average $1,245 per month.
  • One-bedroom apartments in Grand Junction average $1,235 per month.
  • Two-bedroom apartments in Grand Junction average $1,452 per month.
  • Three-bedroom apartments in Grand Junction average $2,254 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,245/month
449 Sq Ft
One Bedroom
$1,235/month
620 Sq Ft
Two Bedroom
$1,452/month
939 Sq Ft
Three Bedroom
$2,254/month
1,282 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,195/month
456 Sq Ft
Two Bedroom
$1,881/month
818 Sq Ft
Three Bedroom
$2,196/month
1,388 Sq Ft
Four Bedroom
$2,859/month
1,908 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,571/month
991 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$1,933/month
955 Sq Ft
Three Bedroom
$2,097/month
1,440 Sq Ft
View Grand Junction Apartments

How much has average rent changed in Grand Junction, CO?

In the past year, rent has increased by 1.1%, which averages out to $15 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Grand Junction, CO

July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Grand Junction, CO
Percentage*
Rent Range
12% Below $700/month
29% $700 - $1,000/month
29% $1,001 - $1,500/month
27% $1,501 - $2,000/month
2% Above $2,000/month

What salary do I need to live comfortably in Grand Junction, CO?

Because the average rent in Grand Junction is $1,235, you’ll want to make about $4,116 per month or $49,392 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Grand Junction, CO is 9.1% higher than the national average. Generally, housing in Grand Junction is 31.4% more expensive than the national average, with rent falling between $1,235 - $2,254. You can expect to pay 0.8% more for groceries, 9.2% less for utilities, and 2.4% less for transportation.

City

Grand Junction, CO

271 Available Apartments for Rent

Search for Nearby Apartments

How does Grand Junction, CO compare to other nearby cities and neighborhoods?

Use the tool below to compare Grand Junction, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Grand Junction Area Guide

Apartment Averages

Apartment Communities in Grand Junction We Think You'll Love

Pomona Park Townhomes

Pomona Park Townhomes

624 Eisenhauer St,
Grand Junction, CO 81505

3-4 Beds | $2,458 - $3,563

Rya Suites

Rya Suites

2535 Knollwood Dr,
Grand Junction, CO 81505

1-2 Beds | $1,649 - $1,975

Peppermill Lofts

Peppermill Lofts

491 28 1/4 Rd,
Grand Junction, CO 81501

1-2 Beds | $1,609 - $1,650

The Junction

The Junction

200 Rood Ave,
Grand Junction, CO 81501

Studio - 2 Beds | $1,435 - $2,360

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Frequently Asked Questions

What is the average rent in Grand Junction?

The average rent in Grand Junction is $1,235 per month, which is 25.7% lower than the national average of $1,663.

What is the average rent for a house in Grand Junction?

The average rent for a house in Grand Junction, CO is $2,196 per month.

What is the average rent for a townhome in Grand Junction?

The average rent for a townhome in Grand Junction, CO is $1,933 per month.

Are rents going up or down in Grand Junction?

Rents in Grand Junction, CO are increasing, with prices up 1.1% year-over-year and $15 more per month.

What rent range is most common in Grand Junction?

In Grand Junction, CO, 29% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Colorado Grand Junction Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity