
Cheap Apartments for Rent in Gray, IA from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Gray.


Boone Park Apartments

Regency Villa of Atlantic

Summerset Apartments
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.

Adel Village Apartments

Brick Towne at Prairie Crossing

Country Court Apartments - Waukee

Brick Towne at Waukee Central

SUNDANCE BOONE APARTMENTS

Sherwood Forest Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Prairie Grass at Waukee

The Commons at Greenway Park

Hidden Bluffs Apartments

The Pitch
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Fireside at Waukee

415 Boone St
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1132 Pearl Rd

1127 Pearl Rd

530 Laurel St
Gray, IA Local Guide

How much does it cost to rent an apartment in Gray?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Gray Studio Apartments | $1,019 | $650 | $1,448 |
Gray 1 Bedroom Apartments | $1,235 | $675 | $2,534 |
Gray 2 Bedroom Apartments | $1,529 | $725 | $3,005 |
Gray 3 Bedroom Apartments | $1,994 | $920 | $2,837 |
Browse Top Apartments in Gray
See all Apartments in GrayExplore Gray
Gray, IA Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Gray Apartments for Rent and Nearby
 The cheapest available apartment rental in Gray, IA is a 1 Bed unit found at Woodland Park - Manson priced from $600. Regency Villa of Atlantic has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Gray apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Woodland Park - Manson | 1 BR | 1BR,1BA | $600 |
Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $775 |
Woodland Apartments | One Bedroom/One Bath | 1BR,1BA | $781 |
Valley Railroad Apartments | 3 Bedroom | 3BR,2BA | $795 |
Summerset Apartments | 2 Beds, 1 bath | 2BR,1BA | $800 |
Brick Towne at Prairie Crossing | Studio | Studio,1BA | $825 |
Country Court Apartments - Waukee | 2BNCab | 2BR,1BA | $850 |
Brick Towne at Waukee Central | 1 Bedroom Internet & Cable Included | 1BR,1BA | $875 |
Seneca Place Apartments | 2 Bedroom | 2BR,1BA | $875 |
SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $895 |
Best Value Apartments for Rent in Gray, IA and Nearby
As of June 27, 2025 the best value apartment in the Gray area is the $1.14 price per square foot 3 Bed 2.5 Bath Townhome Model at Providence Lane Townhomes in the starting from $1,640. The second greatest value Gray apartment is the 3 Bedroom Model at Valley Railroad Apartments starting at $795 with a $0.78 price per square foot . Here is today’s list of the best values for Gray apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Providence Lane Townhomes | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $1.14 |
Valley Railroad Apartments | 3 Bedroom | 3BR,2BA | $0.78 |
Sunrise Meadows | B1 - Montego Bay | 2BR,2BA | $1.04 |
Twin Eagles East | Sign a 13 Month Lease, Get the 13th Month Free! | 3BR,1BA | $1.14 |
Windfield West | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.04 |
SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.08 |
Country Court Apartments - Waukee | 2brtotalremodel | 2BR,1BA | $1.17 |
Seneca Place Apartments | 2 Bedroom | 2BR,1BA | $1.12 |
Summerset Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.09 |
Woodland Park - Manson | 1 BR | 1BR,1BA | $1.20 |
Quick 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, IA Rentals by Map
See the most popular apartments and homes in Gray, IA
Getting Around Gray, IA
Walk Score®
6 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Gray Apartments
What is the Cheapest Studio apartment in Gray?
Currently the most affordable Cheap Studio Apartment in Gray is at Brick Towne at Prairie Crossing listed at $825.
How much is rent for a Cheap One Bedroom Gray Apartment?
The lowest price for a Cheap One Bedroom Gray Apartment is $600 at Woodland Park - Manson.
What is the lowest price for a Cheap Two Bedroom Gray Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gray is starting from $650 at Woodland Park - Manson.
What is the most affordable Gray Three Bedroom Apartment?
The best deal on a cheap Gray Three Bedroom Apartment rental is at Valley Railroad Apartments and starts from $795.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.