Cheap Apartments for Rent near Gray, IA from $600 (47 Rentals)

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Search the lowest-cost Apartments available for rent right now in Gray.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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.

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The Briza
1 Bedroom Apartments

The Briza

1104 8th StBoone, IA 50036

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Woodland Park - Holstein
1 Bedroom Apartments

Woodland Park - Holstein

400 Minnesota StHolstein, IA 51025
Senior Living
  • Utilities Included
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Fonda Apartments
1 to 2 Bedroom Apartments

Fonda Apartments

304 Fairburn StFonda, IA 50540

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.

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Boone Park
1 to 2 Bedroom Apartments

Boone Park

1127 S Linn StBoone, IA 50036
  • Utilities Included
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800 State Street
2 Bedroom Apartments

800 State Street

800 State StGuthrie Center, IA 50115

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.

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Showing Results 1-47, Page 1 of 1

Gray, IA Local Guide

Cheapest Available Gray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gray, IA is a 1 Bed unit found at The Briza priced from $647. Midtown Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Gray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The BrizaRenovated 1 Bedroom1BR,1BA$647
Midtown Village Apartments1 Bed, 1 bath1BR,1BA$650
Red Oak 48-Unit (City View Apartments)1 Bedroom1BR,1BA$695
1209 Maple St2 BED / 1 BATH2BR,1BA$700
Valley Railroad Apartments3 Bedroom3BR,2BA$725
Woodland Park - Manson1 BR1BR,1BA$725
Seneca Place Apartments1 Bedroom1BR,1BA$775
Brick Towne at Prairie CrossingMicroStudio,1BA$775
Regency Villa of Atlantic1 Bedroom1BR,1BA$775
Woodland Park - Fontanelle1 BR1BR,1BA$775

Best Value Apartments for Rent in Gray, IA and Nearby

As of July 24, 2026 the best value apartment in the Gray area is the $1.05 price per square foot 3 Bedroom 2 Bath Model at Windfield West in the in the Glynn Village neighborhood starting from $1,150. The second greatest value Gray apartment is the 3 Bedroom Model at Valley Railroad Apartments starting at $725 with a $0.71 price per square foot in the Dallas County neighborhood. Here is today’s list of the best values for Gray apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windfield West3 Bedroom 2 Bath3BR,2BA$1.05
Valley Railroad Apartments3 Bedroom3BR,2BA$0.71
William Pointe by KadingVilla3BR,1BA$0.92
Cedar Pointe by KadingVilla3BR,1BA$1.04
Hancock Apartments2 Beds, 1 bath2BR,1BA$0.97
Sunrise Valley Trails Apartments2 bed2BR,1BA$0.99
Kate's LandingCottage - 22BR,1BA$1.09
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.08
Midtown Village Apartments1 Bed, 1 bath1BR,1BA$1.05
The BrizaRenovated 1 Bedroom1BR,1BA$1.08

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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Gray, IA Rentals by Map

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Frequently Asked Questions about Cheap Gray Apartments

How much is rent for a Cheap One Bedroom Gray Apartment?

The lowest price for a Cheap One Bedroom Gray Apartment is $647 at The Briza.

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 $700 at 1209 Maple St.

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 $725.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.