What Will $750 a Month Rent Get You in Grand Junction? [VIDEO]

What will $750 a month get a prospective renter in Grand Junction, Colorado? Take a video tour of a Western Colorado home available out at the lower end of the spectrum when it comes to area rental rates.

This 790 square foot home near Colorado Mesa University rents for $750 a month, plus utilities. Crunch the numbers, and you'll discover that comes to almost a dollar per square foot.

Rest assured, this isn't a commercial. The home is already rented, and the tenant will be moving in shortly.

At $750 a month, this is among the less expensive rentals in Grand Junction. Considering its proximity to the college, it is renting cheaper than most.

Does anyone remember when you could buy a fairly nice two bedroom house in Western Colorado for around $20,000.00? That's buy, as in own.

To get in the house above, a renter would have to plop down:

• $750 first month
• $750 last month
• $750 damage deposit
• Total before move in = $2,250.00

Have you reached the point where you're ready to throw in the towel when trying to afford to live? The home in the video is fairly nice but falls drastically short of qualifying as a palace.

Regardless, in a community where an annual income of $35,000.00 is considered to be fairly well off, the idea of $750 a month just for housing seems out of reach.