
Cheap Apartments for Rent in Gray, ME from $1,100 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Gray.


Princeton on Back Cove

Mount Auburn Apartments

645 Congress Apartments

Tamarlane Apartments, LLC

Island View

Terrace Pond
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.

Fallview at 186 Main Street

The Bellamy

102 Knox St

109 Birch St

117 Pierce St

69 Lincoln St Alley

Bayview Court
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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.

1 Progress Way

162 Narragansett St

19 Market Ln

263-265 Park St

48 Knox St

8 Friendly Way

271 Main St
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.

190 East Ave

79 Birch St
Gray, ME Local Guide

How much does it cost to rent an apartment in Gray?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gray Studio Apartments | $2,143 | $1,174 | $2,585 |
| Gray 1 Bedroom Apartments | $2,267 | $1,326 | $3,575 |
| Gray 2 Bedroom Apartments | $2,524 | $1,516 | $3,588 |
| Gray 3 Bedroom Apartments | $2,647 | $1,937 | $3,617 |
| Gray 4 Bedroom Apartments | $3,265 | $2,836 | $3,695 |
Browse Top Apartments in Gray
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Gray, ME Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mount Auburn Apartments | One Bedroom-AA | 1BR,1BA | $1,428 |
| 645 Congress Apartments | 1 Bedroom | 1BR,1BA | $1,520 |
| Fallview at 186 Main Street | Studio Waterview | Studio,1BA | $1,700 |
| Stable Ridge Apartments | 1 Bedroom | 1BR,1BA | $1,750 |
| 117 Lofts | Studio | Studio,1BA | $1,765 |
Best Value Apartments for Rent in Gray, ME and Nearby
As of May 29, 2026 the best value apartment in the Gray area is the $2.71 price per square foot Dog Friendly 3 Bedroom Townhouse Model at Princeton Pines in the in the North Deering neighborhood starting from $2,980. The second greatest value Gray apartment is the 2 Bedroom Model at Stable Ridge Apartments starting at $1,975 with a $1.91 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. |
|---|---|---|---|
| Princeton Pines | Dog Friendly 3 Bedroom Townhouse | 3BR,1.5BA | $2.71 |
| Stable Ridge Apartments | 2 Bedroom | 2BR,1BA | $1.91 |
| Summit Terrace | 2 Bed | Balcony | 2BR,1BA | $2.52 |
| Cumberland Foreside Village Apartments | 2 Bedroom 1 Bath Cumberland | 2BR,1BA | $2.42 |
| Waterside Apartments | 2 Bedroom 1 Bath Waterside | 2BR,1BA | $2.74 |
| Winchester Woods | Two Bedroom | 2BR,1BA | $2.53 |
| Forest Glen Apartments | Forest Glen | 2BR,1BA | $2.09 |
| Foreside Estates | The Beacon | 1BR,1BA | $2.70 |
| Mount Auburn Apartments | One Bedroom-AAN | 1BR,1BA | $2.08 |
| 645 Congress Apartments | 1 Bedroom | 1BR,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.
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.
Best Local Schools in Gray, ME
Gray-New Gloucester High School
Gray-New Gloucester Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Gray, ME Rentals by Map
See the most popular apartments and homes in Gray, ME
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 Fallview at 186 Main Street 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 $1,775 at Forest Glen Apartments.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.