Cheap Apartments for Rent in Gray, ME from $1,174 (36 Rentals)

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

property at 29 Center Rd

$1,625 - $1,650

1 Bedroom Rentals

Available Now

29 Center Rd

GrayME04039

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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The Bellamy
1 to 3 Bedroom Apartments

The Bellamy

240 Harvard StPortland, ME 04103
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102 Knox St
2 to 4 Bedroom Apartments

102 Knox St

102 Knox StLewiston, ME 04240

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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Bayview Court
Studio to 2 Bedroom Apartments

Bayview Court

335 ForestPortland, ME 04101
  • Utilities Included
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162 Narragansett St
Studio to 2 Bedroom Apartments

162 Narragansett St

162 Narragansett StGorham, ME 04038
Corporate Housing
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263-265 Park St
2 Bedroom Apartments

263-265 Park St

263-265 Park StLewiston, ME 04240
  • Utilities Included

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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Wellington Court
2 Bedroom Apartments

Wellington Court

28-34 Wellington CtAuburn, ME 04210
  • Utilities Included
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98 High St
2 Bedroom Apartments

98 High St

98 High StAuburn, ME 04210

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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Showing Results 1-36, Page 1 of 1

Gray, ME Local Guide

Cheapest Available Gray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gray, ME is a 1 Bed unit found at Mount Auburn Apartments priced from $1,428. 645 Congress Apartments in the Downtown Portland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,520. Here is today’s list of the most affordable Gray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mount Auburn ApartmentsOne Bedroom-AA1BR,1BA$1,428
645 Congress Apartments1 Bedroom1BR,1BA$1,520
117 LoftsStudioStudio,1BA$1,700
Stable Ridge Apartments1 Bedroom1BR,1BA$1,750
Redbank VillageThe Kennebunk1BR,1BA$1,765
Yarmouth Pointe Apartment HomesTri-level1BR,1BA$1,875
The CascoThe Casco - Little Diamond IslandStudio,1BA$1,951
The LindenOne Bedroom1BR,1BA$1,965
Fallview on Main- 186 Main Street1BR/1.0BA1BR,1BA$1,975
Foreside EstatesThe Beacon1BR,1BA$2,000

Best Value Apartments for Rent in Gray, ME and Nearby

As of August 30, 2026 the best value apartment in the Gray area is the $2.32 price per square foot Market Rate 3 Bedroom Townhome Model at Island View in the in the North Deering neighborhood starting from $4,500. The second greatest value Gray apartment is the 12 White Birth Ln #24 Model at Birchlane starting at $3,000 with a $2.50 price per square foot in the North Deering 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.
Island ViewMarket Rate 3 Bedroom Townhome3BR,2BA$2.32
Birchlane12 White Birth Ln #243BR,2BA$2.50
Yarmouth Green Apartment Homes2 Bedroom 1.5 Bathroom Townhouse2BR,1.5BA$1.93
Stable Ridge Apartments2 Bedroom2BR,1BA$1.91
Waterside Apartments2 Bedroom 1 Bath Waterside2BR,1BA$2.53
Summit Terrace2 Bed2BR,1BA$2.31
Yarmouth Pointe Apartment HomesTri-level1BR,1BA$2.26
Fallview on Main- 186 Main Street1BR/1.0BA1BR,1BA$2.47
Mount Auburn ApartmentsOne Bedroom-AAN1BR,1BA$2.08
645 Congress Apartments1 Bedroom1BR,1BA$2.18

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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Best Local Schools in
Gray, ME

School data provided by Great Schools

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

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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 117 Lofts listed at $1,700.

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

The lowest price for a Cheap One Bedroom Gray Apartment is $1,428 at Mount Auburn 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 $1,954 at Redbank Village.

What is the most affordable Gray Three Bedroom Apartment?

The best deal on a cheap Gray Three Bedroom Apartment rental is at Redbank Village and starts from $2,214.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.