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Rental Market Trends in Grand Junction, CO

What is the average rent in Grand Junction, CO?

$1,210/month

Average Rent

623 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of April 2026, the average rent in Grand Junction, CO is $1,210 per month. This is 26% lower than the national average rent of $1,641/month, making renting in Grand Junction more affordable than most cities in the US. When you rent an apartment in Grand Junction, you can expect to pay about $1,236 per month for a studio, $1,210 for a one-bedroom apartment, and around $1,450 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,247 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,236/month
449 Sq Ft
One Bedroom
$1,210/month
623 Sq Ft
Two Bedroom
$1,450/month
952 Sq Ft
Three Bedroom
$2,247/month
1,282 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$933/month
786 Sq Ft
Two Bedroom
$2,038/month
736 Sq Ft
Three Bedroom
$2,029/month
1,312 Sq Ft
Four Bedroom
$2,775/month
1,753 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,614/month
857 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,843/month
1,120 Sq Ft
Three Bedroom
$2,042/month
1,359 Sq Ft

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

In the past year, rent has increased by 1.7%, which averages out to $21 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Grand Junction, CO
Last Updated April 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Grand Junction, CO
Percentage*
Rent Range
12% Below $700/month
31% $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 $1,210, you’ll want to make about $4,033 per month or $48,396 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 8.9% higher than the national average. Generally, housing in Grand Junction is 29.8% more expensive than the national average, with rent falling between $1,210 - $2,247. You can expect to pay 0.6% more for groceries, 9.3% less for utilities, and 1.1% less for transportation.

City

Grand Junction, CO

193 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.

Explore the Area Guide for Grand Junction, CO

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

$2,458 - $3,563 Total Monthly Price

3-4 Beds | 12 Month Lease

Rya Suites

Rya Suites

2535 Knollwood Dr,
Grand Junction, CO 81505

$1,649 - $1,975 Total Monthly Price

1-2 Beds | 12 Month Lease

Peppermill Lofts

Peppermill Lofts

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

$1,650 Total Monthly Price

1-2 Beds | 12 Month Lease

The Junction

The Junction

200 Rood Ave,
Grand Junction, CO 81501

$1,420 - $2,360 Total Monthly Price

Studio - 2 Beds

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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 February 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