Grand Junction, Colorado Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Grand Junction, Colorado rental market.
Grand Junction, Colorado
Average Apartment Rent
$1,542
Y-o-Y Change in Average
Apartment Rent
Infinity%
As of May 2026
Compared to a year ago, Grand Junction, Colorado apartments have recorded a Infinity% rent increase.
Grand Junction, Colorado Average apartment rent trend
Grand Junction, Colorado Average Apartment Rent
Grand Junction, Colorado Apartment rent ranges
At 39.06%, apartments priced $1,000 - $1,500 represent the bulk of Grand Junction, Colorado rentals, while condos priced $2,500 - $3,000 hold the lowest share of the market – 0.56%.
Grand Junction, Colorado Housing tenure**
Renters take up 37% of Grand Junction, Colorado real estate, occupying a total of 10,410 units, while homeowners live in 17,683 properties.
Median number of rooms of renter-occupied housing units**
4
Renter median household income**
$42,311
Average household size of renter-occupied housing units**
2.06
Rental vacancy rate**
5.4%
Grand Junction, Colorado Renter-occupied housing units by no. of bedrooms**
There are 4,224 rentals in Grand Junction, Colorado with 2 beds making up the highest share of the market, at 41%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 154 units. Overall, the median number of rooms in Grand Junction, Colorado homes for rent is 4.
Grand Junction, Colorado Renter-occupied units by age of householder**
Most condos for rent in Grand Junction, Colorado are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (15%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 5%.
Grand Junction, Colorado Renter-occupied housing units by family type**
Grand Junction, Colorado Renter-occupied housing units by the presence of own children**
A total of 3,749 apartments for rent in Grand Junction, Colorado, or 36% of all rentals are family households. Additionally, 23% of rental homes include children under the age of 18 – that’s 2,396 units. All in all, the median size of a renter-occupied household in Grand Junction, Colorado is 2.06.
Grand Junction, Colorado Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 28% of the rental market. In contrast, residents with less than a high school degree reside in 10% of the homes for rent in Grand Junction, Colorado.
Grand Junction, Colorado Renter-occupied units by year structure built**
The highest share of Grand Junction, Colorado apartment rentals, namely 24% or 2,504 units, were Built 1970 - 1979, followed by those Built 1980 - 1989 (13%, 1,356 units), and the ones Built 1960 - 1969 (13%, 1,352 units).
Grand Junction, Colorado Renter-occupied units by year householder moved in**
Median year renter moved into unit 2018
Most Grand Junction, Colorado renters (41%) moved in 2018 to 2020, while only 3% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Grand Junction, Colorado condos for rent is 2018.
Grand Junction, Colorado Renter-occupied housing units by vehicles available**
When it comes to transportation options, 43% of Grand Junction, Colorado renters have 1 vehicle available per household, 31% of them have 2 vehicles available, and 17% have No vehicle available.
Grand Junction, Colorado Means of transportation to work of householders living in renter-occupied housing units**
Grand Junction, Colorado Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Grand Junction, Colorado apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
