
Cheap Apartments for Rent in Gray Summit, MO from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Gray Summit.


Summit Valley Apartments

Ballwin Manor

Osage Estates Apartments

Chapel Ridge of Union

Autumn Leaf Apartment Homes
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.

Pacific Village Apartments

15Seventy Chesterfield

619 Palisades Dr

Highgrove at Big Bend

Southernside Apartments

Enclave at Winghaven
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.

Baxter Crossings Apartments

Washington Terrace

Carriage Place at Lake Chesterfield

Madison Rockwood

Retreat at Seven Trails

Preserve at Research Park
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.

Walden Pond

Monroe Place

Woodridge Manor Apartments

Aurora Estates

4490 N Virginia Mines Rd

Riverbend Estates III
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.

8653 Reichl Dr
Gray Summit, MO Local Guide

How much does it cost to rent an apartment in Gray Summit?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gray Summit 1 Bedroom Apartments | $1,587 | $680 | $2,335 |
| Gray Summit 2 Bedroom Apartments | $1,931 | $900 | $3,525 |
| Gray Summit 3 Bedroom Apartments | $2,294 | $1,100 | $3,450 |
Browse Top Apartments in Gray Summit
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Gray Summit, MO Local Guide
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Cheapest Available Gray Summit Apartments for Rent and Nearby
 The cheapest available apartment rental in Gray Summit, MO is a 1 Bed unit found at 990 S Lay Ave priced from $680. Summit Valley Apartments in the Gray Summit neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Gray Summit apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 990 S Lay Ave | 990 South Lay | 1BR,1BA | $680 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $800 |
| Chapel Ridge of Union | 1 Bedrooms | 1BR,1BA | $925 |
| Osage Estates Apartments | 2 Beds, 1 bath | 2BR,1BA | $950 |
| Autumn Leaf Apartment Homes | 1 Bedroom Upstairs | 1BR,1BA | $950 |
Best Value Apartments for Rent in Gray Summit, MO and Nearby
As of February 05, 2026 the best value apartment in the Gray Summit area is the $1.34 price per square foot Willow Townhome Model at Schoettler Village in the in the Village Green neighborhood starting from $2,320. The second greatest value Gray Summit apartment is the The Alpine Model at Retreat at Seven Trails starting at $1,799 with a $1.11 price per square foot in the Village Green neighborhood. Here is today’s list of the best values for Gray Summit apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Schoettler Village | Willow Townhome | 3BR,2.5BA | $1.34 |
| Retreat at Seven Trails | The Alpine | 3BR,1.5BA | $1.11 |
| Rockwood Springs | The Frasier | 3BR,3BA | $1.29 |
| Osage Estates Apartments | 3 Beds, 2 baths | 3BR,2BA | $1.15 |
| Washington Terrace | 2B/2B | 2BR,2BA | $1.23 |
| Walden Pond | 3A | 3BR,2BA | $1.30 |
| 619 Palisades Dr | 619 Palisades Dr | 3BR,1.5BA | $1.22 |
| Summit Valley Apartments | One Bed, One Bath | 1BR,1BA | $0.98 |
| Autumn Leaf Apartment Homes | 1 Bedroom Upstairs | 1BR,1BA | $1.21 |
| 990 S Lay Ave | 990 South Lay | 1BR,1BA | $1.36 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Gray Summit, MO Rentals by Map
See the most popular apartments and homes in Gray Summit, MO
Frequently Asked Questions about Cheap Gray Summit Apartments
How much is rent for a Cheap One Bedroom Gray Summit Apartment?
The lowest price for a Cheap One Bedroom Gray Summit Apartment is $680 at 990 S Lay Ave.
What is the lowest price for a Cheap Two Bedroom Gray Summit Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gray Summit is starting from $900 at Summit Valley Apartments.
What is the most affordable Gray Summit Three Bedroom Apartment?
The best deal on a cheap Gray Summit Three Bedroom Apartment rental is at Chapel Ridge of Union and starts from $1,200.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.