
Cheap Apartments for Rent near Gray Hawk, KY from $500 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Gray Hawk.


Beech Creek - Short WAIT LIST!

Morrow Rentals

Katelyn Court Apartments

McGinnis Properties

Betty Jane Apartments

Total Monthly Price
East Ridge Apartments

Shawnee Trail Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Vines at Saddlebrook

Summit Apartments

Ty Lane Apartments

Studio 28

CREEKSIDE SENIOR APARTMENTS

1040 Brandy Ln

Century Lofts

Twin Lakes Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Fry Estates Apartments

Sunrise Suites

Ashton on Main

Brandywine

Veridian Lexington

The Resort Apartments

The Lofts at Winchester

Total Monthly Price
Williams Estates Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Meadowood Apartments

The BLVD at Hays

Legacy Lake Apartments

Total Monthly Price
Carriage Place Apartments

The Enclave Hartland

Waterstone at Hamburg Apartments

Long Run Community - Income Restricted

114 Collins St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Gibson Lane Apartments

Pebblecreek Crossing

Oakbrook

450 Scaffold Cane Rd

302 American Greeting Card Rd

8003 Wilburn Way

Oak Hill Apartments

SPECIALS: The Reserve & Enclave at Fairholme
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2005 Willow Dr

Squire Mill Town Homes

Garden Estates
Gray Hawk, KY Local Guide

How much does it cost to rent an apartment in Gray Hawk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gray Hawk Studio Apartments | $904 | $814 | $995 |
| Gray Hawk 1 Bedroom Apartments | $1,149 | $600 | $1,834 |
| Gray Hawk 2 Bedroom Apartments | $1,448 | $649 | $2,284 |
| Gray Hawk 3 Bedroom Apartments | $1,632 | $1,000 | $2,464 |
Browse Top Apartments in Gray Hawk
See all Apartments in Gray HawkExplore Gray Hawk
Gray Hawk, KY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Gray Hawk Apartments for Rent and Nearby
 The cheapest available apartment rental in Gray Hawk, KY is a 1 Bed unit found at Katelyn Court Apartments priced from $695. Betty Jane Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Gray Hawk apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $695 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Eagle Creek Apartments | one bdr with balcony | 1BR,1BA | $700 |
| McGinnis Properties | Townhome | 2BR,1BA | $700 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $724 |
| Shawnee Trail Apartments | One Bedroom | 1BR,1BA | $741 |
| Studio 28 | 0BR/1.0BA | Studio,1BA | $814 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $900 |
| Century Lofts | One Bed | 1BR,1BA | $900 |
| Sunrise Suites | Suite | Studio,1BA | $995 |
Best Value Apartments for Rent in Gray Hawk, KY and Nearby
As of July 15, 2026 the best value apartment in the Gray Hawk area is the $0.46 price per square foot Townhome Model at McGinnis Properties in the starting from $700. The second greatest value Gray Hawk apartment is the 2 Bedroom Model at Carriage Place Apartments starting at $1,450 with a $1.12 price per square foot . Here is today’s list of the best values for Gray Hawk apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| McGinnis Properties | Townhome | 2BR,1.5BA | $0.46 |
| Carriage Place Apartments | 2 Bedroom | 2BR,2BA | $1.12 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
| Vines at Saddlebrook | 3 x 1 | 3BR,1BA | $0.98 |
| Ashton on Main | 2 Bedroom Townhome | 2BR,1BA | $1.27 |
| 1040 Brandy Ln | Two Bed | 2BR,1BA | $1.25 |
| Pebblecreek Crossing | One Bedroom | 1BR,1BA | $1.03 |
| Century Lofts | One Bed | 1BR,1BA | $1.29 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
| Katelyn Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.26 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Gray Hawk, KY Rentals by Map
See the most popular apartments and homes in Gray Hawk, KY
Frequently Asked Questions about Cheap Gray Hawk Apartments
How much is rent for a Cheap One Bedroom Gray Hawk Apartment?
The lowest price for a Cheap One Bedroom Gray Hawk Apartment is $695 at Katelyn Court Apartments.
What is the lowest price for a Cheap Two Bedroom Gray Hawk Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gray Hawk is starting from $700 at McGinnis Properties.
What is the most affordable Gray Hawk Three Bedroom Apartment?
The best deal on a cheap Gray Hawk Three Bedroom Apartment rental is at Vines at Saddlebrook and starts from $935.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.