Updated 2 Days Ago
Location
1040 Walnut Ave, Grand Junction, CO 81501, USA
Tour 1040 Walnut Ave
Contact
Freedom Property Management
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Property Overview
1040 Walnut Ave in Grand Junction offers practical appeal with features that stand out for everyday living and a broad range of buyer needs. Its strengths and notable details suggest a well-rounded property with useful qualities, while its overall profile points to versatility and value in a convenient location.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive
Great for
Eco living
Social life
Amenities for 1040 Walnut Ave
Community
| Business Center |
Grounds
| Garage Parking | Outdoor Space |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 1040 Walnut Ave
To Schedule A Showing Please Visit Our Website Or Call Us * Please note: when viewing a property there may be other additional parties interested in renting the property at the same time. *Properties will not be "held" during the application process. An application must be approved and ½ of the security deposit paid before being removed from the market. *Renter's insurance is required Approximate Available Date 10/12/2026 (subject to change) - This home sits on a large corner lot. The kitchen includes range and refrigerator. The backyard is fenced and includes a detached over sized 1 car garage. As with all homes managed by Freedom Property Management, any type of smoking is not allowed in the home, garage or property. The growth of marijuana is strictly prohibited in or on the premises. Traditional students welcome with qualifying guarantor Utilities: Tenant pays all - water, sewer, trash, gas and electric Yard Care required at tenants expense if traditional college students. Schools: Tope Elementary West Middle Grand Junction High Qualifying Guidelines: All occupants over the age of 18 must complete an application. (Adults under 21 and/or traditional college students may require a guarantor and/or pay a higher security deposit.) Total household gross monthly income of as least 2 times the amount of the rent We do a full background check If you have less than 2 years of rental history, you may be required to pay a higher deposit. *Information within this ad is deemed reliable but not guaranteed *Legal Rental Pricing and Fee Disclosure: Mandatory monthly charges included in total monthly cost: -Monthly Lease Admin Fee (Mandatory) Recurring Monthly Amount Included in total monthly cost: $20 Description: The monthly Lease Admin Fee is based in part on the internal costs incurred by Freedom Property Management for lease administration, as well as the ongoing day-to-day operational expenses incurred by Freedom Property Management. Utilities: Tenant pays water, sewer, trash, gas and electricity Description: Utility charges billed/paid to the utility provider Additional charges (not included in the total monthly price) Application fee non refundable $50 per application - Security Deposit (Mandatory) Renters insurance if you do not provide your own, $15/mo for liability only policy The prospective tenant has the right to provide to the landlord a portable screening report, as defined in Section 38-12-902(2.5), Colorado Revised Statutes; and If the prospective tenant provides the landlord with a portable tenant screening report, the landlord is prohibited from: ▪ Charging the prospective tenant a rental application fee; or ▪ Charging the prospective tenant a fee for the landlord to access or use the portal tenant screening report Freedom Property Management is an Agent for the owner and works with tenants as the customer. *Offered by Freedom Property Management Visit our website for an online application and to view complete listing information. Freedom Property Management is an equal housing provider and does business in accordance with Federal and State Fair Housing Law. AMENITIES: * Range * Refrigerator * Fenced Backyard * Oversized 1 car garage By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1040 Walnut Ave compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
Considerations
- Lacks images
- Fewer than 10 photos available for this location
Address details
| Zip code | 81501 |
|---|---|
| Type | House for rent |
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Rent trends in Grand Junction
3-bedroom apartments at 1040 Walnut Ave cost about 12% less than the average rent price for 3-bedroom apartments in Grand Junction.
Median rents as of Sep 12 2026.
Grand Junction
| Month | Median Rent |
|---|---|
| September 2024 | $2,000 |
| October 2024 | $1,900 |
| November 2024 | $1,910 |
| December 2024 | $1,995 |
| January 2025 | $2,050 |
| February 2025 | $2,100 |
| March 2025 | $2,100 |
| April 2025 | $2,237 |
| May 2025 | $2,189 |
| June 2025 | $2,100 |
| July 2025 | $2,000 |
| August 2025 | $1,958 |
| September 2025 | $1,914 |
| October 2025 | $1,994 |
| November 2025 | $1,991 |
| December 2025 | $2,040 |
| January 2026 | $1,981 |
| February 2026 | $1,970 |
| March 2026 | $2,085 |
| April 2026 | $2,100 |
| May 2026 | $2,002 |
| June 2026 | $2,040 |
| July 2026 | $2,075 |
| August 2026 | $2,022 |
| September 2026 | $2,000 |
Affordability calculator
Can I afford to live at 1040 Walnut Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$70,600/yr
With your selected rent-to-income ratio, you'd ideally want to make $70,600 annually to afford this 3-bedrooms monthly rent price of $1,765.
For more information on rent affordability, visit our rent calculator.
Schools near 1040 Walnut Ave
Tope Elementary School
2220 n 7th st
grand junction, CO, 81501
PK, K-5Public
B-
Grand River Academy
600 n 14th st
grand junction, CO, 81501
K-12Public
C
Lincoln Park Preschool
519 18th st
grand junction, CO, 81501
PKPublic
Dual Immersion Academy School
552 a west main st
grand junction, CO, 81501
PK, K-5Public
B-
Career Center Preschool
2935 north ave
grand junction, CO, 81504
PKPublic
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Internet available near 1040 Walnut Ave
Neighborhood
Getting around Grand Junction near 1040 Walnut Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1040 Walnut Ave, Grand Junction
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
6/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Nightlife
7/10
Wide variety of bars within a short drive, including some within walking distance
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