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City · 68,142 residents · Mesa County, Colorado

Grand Junction , Colorado

In Grand Junction, a typical home is worth $389,800 and typical rent is $1,142 a month. Compared with all of Mesa County, the share of households that own their home is 9 points lower.

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  • Typical home value

    $389,800

    3% above the county

    28% below Colorado

    • Grand Junction
    • Mesa
    • Colorado

  • Typical rent

    $1,142a month

    3% below the county

    35% below Colorado

    • Grand Junction
    • Mesa
    • Colorado

  • Typical household income

    $70,080a year

    5% below the county

    27% below Colorado

    • Grand Junction
    • Mesa
    • Colorado

  • Households that own their home

    64%

    9 points below the county

    3 points below Colorado

    • Grand Junction
    • Mesa
    • Colorado

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$419,825
1.4% more than 12 months ago
Typical rent
$1,783 a month
0.9% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Grand Junction is in Mesa County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Mesa County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Grand Junction apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Clifton, the typical home value is $250,500: 36% less than in Grand Junction ($389,800).

  2. 64% of households in Grand Junction own their home, against 72% in Mesa County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Grand Junction

What homes there are in Grand Junction, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

In Grand Junction, 6 in 10 homes are single-family detached houses; in Mesa County, 7.

Year built

The typical year built in Grand Junction is 1988, about the same as in Mesa County (1987).

In Grand Junction, 13% of homes have 1 bedroom or none (studios); 62% have 3 bedrooms or more, against 70% in Mesa County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

By price, most homes in Grand Junction sit under the FHA limit for Mesa County ($541,287): about 78%.

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Mesa County is $1,282: about 56% of rents in Grand Junction are below it.

With a mortgage

$1,693 a month

Mesa County: $1,648 a month

Without a mortgage

$464 a month

Mesa County: $453 a month

Owners with a mortgage

65%

Mesa County: 66%

Owning costs about the same in Grand Junction as in Mesa County: with a mortgage, $1,693 a month; without one, $464.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, home values in Grand Junction rose at about the same pace as in Mesa County: 64% against 67%.

The typical rent in Grand Junction rose 22% since 2015–2019, about the same as in Mesa County (23%).

To compare: typical income in Grand Junction rose 34%; the home, +64%; the rent, +22%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureGrand JunctionMesa CountyColoradoUnited States
Rental vacancy 4.6%3.4%5.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.8%0.9%
More than one person per room 1.2%1.9%2.4%3.4%
People per household 2.152.342.422.53
Drive alone 72%72%65%69%
Carpool 9%8%8%9%
Public transit Unreliable estimate1%2%3%
Walk or bike 6%4%3%3%
Work from home 12%14%21%15%
Other means 1%2%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

The rental vacancy rate in Grand Junction is 4.6%, higher than in Mesa County (3.4%).

Much as in Mesa County, 1.2% of households in Grand Junction have more than one person per room.

Fewer people live in each home here: 2.15 on average, against 2.34 in Mesa County.

The car rules in Grand Junction: 72% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Grand Junction?

A typical home costs more than the typical income allows

We start with a typical home in Grand Junction, worth $389,800, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 52% of the typical household income in Grand Junction, which is $70,080 a year. For that payment to be 28% of income, a household would need to earn about $130,760 a year.

The calculator's FHA and conventional loan limits are those of all of Mesa County.

Your numbers

Local data
$

Starts at the typical home value in Grand Junction. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,643 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,051

at 7.18% · 30 years

Loan amount
$382,740
Total interest
$550,673
Paid off in
November 2056

Includes $6,583 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,635 a month

  • Tight

    $1,635 to $2,102 a month

  • Hard

    more than $2,102 a month

    Your payment · 52%

Compared with the typical household income in Grand Junction ($70,080 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,051
Principal & interest$2,593
Property tax$123
Home insurance$162
FHA mortgage insurance (MIP)$172

You need at least $13,643 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Grand Junction and Mesa County

Grand Junction is in Mesa County, Colorado. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Grand Junction's own numbers

Typical home value
$389,800
Typical monthly rent
$1,142
Typical yearly household income
$70,080
Households that own their home
64%
Effective property tax rate
0.38%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Mesa County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,282
Price change over 5 years (FHFA)
+54%
Homes in a high flood-risk zone
1%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Mesa County.

Everything about Mesa County

Buying

Buying a home in Grand Junction

A typical home in Grand Junction is worth $389,800: 3% above the county and 28% below Colorado. With the typical household income in Grand Junction ($70,080 a year), a typical home costs 5.6 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Grand Junction 5.6 years
  • Mesa 5.1 years
  • Colorado 5.6 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Mesa County

According to FHFA’s house price index, home prices in Mesa County rose 110% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Mesa County.

Period County Colorado U.S.
Last year (2025) +3.2% +0.1% +2.9%
5 years (2020–2025) +54% +38% +47%
10 years (2015–2025) +110% +93% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Grand Junction next to Mesa County, Colorado and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Grand Junction $389,800
  • Mesa $378,600
  • Colorado $539,400
  • United States $332,700
Typical monthly rent
  • Grand Junction $1,142
  • Mesa $1,182
  • Colorado $1,761
  • United States $1,413
Typical yearly household income
  • Grand Junction $70,080
  • Mesa $73,658
  • Colorado $95,470
  • United States $80,734
See the full table
Grand Junction next to Mesa County and Colorado
Measure Grand Junction Mesa County Colorado U.S.
Typical home value $389,800 $378,600 $539,400 $332,700
Typical monthly rent $1,142 $1,182 $1,761 $1,413
Typical yearly household income $70,080 $73,658 $95,470 $80,734
Households that own their home 64% 72% 66% 65%
Typical yearly property tax $1,463 $1,439 $2,602 $3,119
Effective property tax rate 0.38% 0.38% 0.48% 0.94%
Renters with high rent for their income 47% 49% 53% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Mesa County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Grand Junction

For a typical $389,800 home in Grand Junction, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Grand Junction's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,051a month

    Least cash to close
    Down payment
    $13,643
    Cash to close
    $25,337
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $172

  • Conventional, 5% down $2,980a month

    Down payment
    $19,490
    Cash to close
    $31,184
    Rate
    7.18%
    Mortgage insurance
    PMI · $185

  • Conventional, 20% down, no PMI $2,398a month

    Down payment
    $77,960
    Cash to close
    $89,654
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,759a month

    Down payment
    $58,470
    Cash to close
    $70,164
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Grand Junction and for Mesa County.

Property tax

Effective rate in Grand Junction

0.38%of the home’s value each year

$1,463 a year for the typical owner in Grand Junction.

  • Grand Junction 0.38%
  • Mesa 0.38%
  • Colorado 0.48%

What Colorado publishes Senior homestead exemption (owners 65 and older) (Colorado General Assembly (Colorado Revised Statutes 2024, Title 39))

Exemptions and deadlines in Colorado

Flood risk in Mesa County

FEMA does not publish these numbers by city: they are for all of Mesa County.

Homes in the high-risk zone
1%
628
Of those, with NFIP insurance
22%
County Colorado U.S.
Homes in the high-risk zone 1% 1.1% 3.5%
Of those, with NFIP insurance 22% 24% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Grand Junction

Typical rent in Grand Junction is $1,142 a month: 3% below the county. In Grand Junction, 47% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Mesa County, by unit size. To pay the 2-bedroom one ($1,282 a month) without spending more than 30% of your income, you would need to earn $24.65 an hour working full time.

HUD fair market rent for all of Mesa County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $893 $17.17 $35,720
1 bedroom $1,017 $19.56 $40,680
2 bedrooms $1,282 $24.65 $51,280
3 bedrooms $1,775 $34.13 $71,000
4 bedrooms $2,143 $41.21 $85,720

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Grand Junction

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Grand Junction has 4 ZIP codes with their own.

For 2 bedrooms it runs from $1,260 in 81501 to $1,750 in 81507.

3 of the 4 are above the fair market rent for Mesa County ($1,282).

  • 81501 $1,260$1,740
  • 81505 $1,590$2,200
  • 81506 $1,310$1,810
  • 81507 $1,750$2,420

4 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Grand Junction when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Grand Junction

HUD lists 19 buildings with rents for lower incomes in Grand Junction. These are the largest.

  • Monument Ridge Townhomes 2680 B 1/2 Rd, Grand Junction 81503 166 homes, 165 low-income · 1 bd: 24 · 2 bd: 82 · 3 bd: 60 · In service since 2003 · For families (970) 245-3256
  • 29 Mile Apartments 2915 Orchard Ave, Grand Junction 81504 144 low-income homes · For families (970) 245-6889
  • Grand Manor 2828 Orchard Ave, Grand Junction 81501 112 low-income homes · For families (970) 245-8349
  • Ratekin Towers 875 Main St, Grand Junction 81501 108 homes, 107 low-income · For older adults (970) 245-0466
  • Linden Pointe 1975 Barcelona Way, Grand Junction 81503 92 homes, 91 low-income · 1 bd: 20 · 2 bd: 48 · 3 bd: 24 · In service since 2005 · For families

See all 24 buildings in Mesa County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Grand Junction

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Mesa County; none says it serves in Spanish.

A pregnant woman reads paperwork on the sofa while the grandmother plays with the girl on the floor.

HUD counseling is free or low-cost

Assistance programs in Grand Junction

No down payment, repair or rent-help program on our list is for Grand Junction or Mesa County. The ones below are statewide in Colorado: they work in Grand Junction the same as in the rest of the state.

Which programs do I qualify for? All programs in Colorado

  • CHFA Down Payment Assistance

    Statewide in Colorado

    Colorado state agency help with the down payment or closing costs: a grant of up to 3% of the mortgage or a deferred second mortgage of up to 4%, both capped at $25,000. Offered by Colorado Housing and Finance Authority (CHFA).

    GrantDeferred

    See the program Official page

  • CHFA FirstGeneration

    Statewide in Colorado

    Open, per the source

    $25,000 from the Colorado state agency for the down payment of first-generation buyers (neither you nor your parents have owned a home); repaid when you sell, refinance or pay off the mortgage. Offered by Colorado Housing and Finance Authority (CHFA).

    Deferred

    See the program Official page

Housing counselors near Grand Junction

The HUD-approved agencies closest to the center of Grand Junction, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Housing Resources of Western Colorado

    524 30 Rd Ste 3, Grand Junction · 4 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    (970) 250-2585

  • Community Economic Defense Project -Cedp-Durango, CO

    1911 Main Ave, Durango · 130 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    (303) 276-5705

  • Homesfund

    150 E 9th St, Durango · 131 miles away

    • Pre-purchase counseling
    • Homebuyer education workshops
    (970) 259-1418

Every agency in Mesa County All counseling agencies in Colorado

Help in Spanish near Grand Junction

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Grand Junction

HUD’s record names them for Grand Junction or Mesa County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Grand Junction Housing Authority Public housing and Section 8 vouchers (970) 245-0388

All housing agencies in Colorado Source: HUD

Cities

Other cities in Mesa County

These cities are also in Mesa County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Mesa County Housing in Colorado

Nearby cities

The cities closest to Grand Junction, with the typical home value.

Neighboring counties

If Mesa County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Grand Junction.

All guides
A father, a mother and their daughter smile among the avocado trees by their home in Somis, California.

Questions

Housing questions about Grand Junction

Short answers with the numbers for Grand Junction and all of Mesa County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Grand Junction?

The typical home value in Grand Junction is $389,800, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Mesa County it is $378,600.

How much does it cost to rent in Grand Junction?

Typical rent in Grand Junction is $1,142 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Mesa County is $1,282.

What is the FHA loan limit in Grand Junction?

Grand Junction uses the FHA limit for all of Mesa County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Grand Junction?

The typical homeowner in Grand Junction pays $1,463 a year, according to the U.S. Census Bureau. That is 0.38% of the home’s value; in Mesa County, the rate is 0.38%.

Where can I find free help to buy or rent in Grand Junction?

There is 1 HUD-approved counseling agency with an office in Mesa County. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).