Cheap Apartments for Rent in Gray, KY from $500 (37 Rentals)

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

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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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.

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property at 136 S 10th St

$575 - $600

Studio To 1 Bedroom Rentals

Available Now

136 S 10th St

WilliamsburgKY40769
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Pebblecreek Crossing
1 to 2 Bedroom Apartments

Pebblecreek Crossing

418 Big Hill AveRichmond, KY 40475
Senior Living
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Oakhill Apartments
2 Bedroom Apartments

Oakhill Apartments

5540 N Broadway StKnoxville, TN 37918
  • Utilities Included

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.

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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
  • Utilities Included

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.

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Century Lofts
1 Bedroom Apartments

Century Lofts

113 N Main StCorbin, KY 40701
Showing Results 1-37, Page 1 of 1

Gray, KY Local Guide

Cheapest Available Gray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gray, KY is a 1 Bed unit found at Eagle Creek Apartments priced from $600. Morrow Rentals 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
Eagle Creek Apartmentsone bdr basement1BR,1BA$600
Morrow Rentals1 Bed 1 Bath1BR,1BA$650
Betty Jane Apartments1 Bed, 1 bath1BR,1BA$700
East Ridge ApartmentsOne Bedroom1BR,1BA$725
Shawnee Trail ApartmentsOne Bedroom1BR,1BA$726
2215 Buffalo Trl1-Bedroom1BR,1BA$750
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$849
Vines at Saddlebrook1x1 NR1BR,1BA$850
Ty Lane Apartments1 Bedroom (630sqft)1BR,1BA$875
Oakbrook2BR/2BA2BR,2BA$900

Best Value Apartments for Rent in Gray, KY and Nearby

As of December 24, 2025 the best value apartment in the Gray area is the $1.12 price per square foot 2 Bedroom Model at Carriage Place Apartments in the starting from $1,450. The second greatest value Gray apartment is the 2 Bedroom Model at Heritage Court starting at $1,185 with a $1.02 price per square foot . 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.
Carriage Place Apartments2 Bedroom2BR,2BA$1.12
Heritage Court2 Bedroom2BR,2BA$1.02
Woodbury Crossing3 B Floor Plan3BR,2BA$1.13
Oakbrook2BR/2BA2BR,2BA$0.90
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
The Cove on Tazewell2 Bedroom2BR,1BA$1.21
East Ridge ApartmentsOne Bedroom1BR,1BA$0.81
The ResortOne Bedroom1BR,1BA$1.11
2215 Buffalo Trl1-Bedroom1BR,1BA$1.00
1040 Brandy LnTwo Bed2BR,1BA$1.25

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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, KY 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 $600 at Eagle Creek Apartments.

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 $849 at Fry Estates Apartments.

What is the most affordable Gray Three Bedroom Apartment?

The best deal on a cheap Gray Three Bedroom Apartment rental is at 1040 Brandy Ln and starts from $1,000.

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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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.