Cheap Apartments for Rent in Gray Summit, MO from $500 (42 Rentals)

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

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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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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Avenue64 Apartments
Rent Specials
$1,417 - $2,740
Total Monthly Price

Total Monthly Price

Base Rent
$1,417 - $2,740
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Avenue64 Apartments

1000 Watermark DrO'Fallon, MO 63368
Family Friendly
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Schoettler Village
$1,421 - $3,395
Total Monthly Price

Total Monthly Price

Base Rent
$1,421 - $3,395
Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Schoettler Village

15480 Elk Ridge LnChesterfield, MO 63017
Corporate Housing
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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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Monroe Place
Studio to 2 Bedroom Apartments

Monroe Place

1 Monroe WoodsPacific, MO 63069
  • Utilities Included
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Woodridge Manor Apartments
Studio to 2 Bedroom Apartments

Woodridge Manor Apartments

2404 Williams Creek RdHigh Ridge, MO 63049
Corporate Housing
  • Utilities Included
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Aurora Estates
1 to 2 Bedroom Apartments

Aurora Estates

2630 Lisa LnPacific, MO 63069
Senior Living

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 111 Creek Dr

$999

1 Bedroom, 1 Bath Home for Rent

Available Now

111 Creek Dr

FentonMO63026
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Riverbend Estates III
2 Bedroom Apartments

Riverbend Estates III

1901 High StWashington, MO 63090
Senior Living
  • 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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Showing Results 1-42, Page 1 of 1

Gray Summit, MO Local Guide

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 Osage Estates Apartments in the Gray Summit neighborhood priced from $850. Summit Valley Apartments in the Gray Summit neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Gray Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$855
Chapel Ridge of Union1 Bedrooms1BR,1BA$950
Autumn Leaf Apartment Homes2 Bedroom Upstairs2BR,2BA$1,150
Walden Pond2A2BR,2BA$1,200
Retreat at Seven TrailsThe Breckenridge2BR,1BA$1,211
Washington Terrace1B/1B1BR,1BA$1,245
15Seventy ChesterfieldThe Carrington1BR,1BA$1,250
Baxter Crossings ApartmentsThe Faust1BR,1BA$1,290

Best Value Apartments for Rent in Gray Summit, MO and Nearby

As of June 21, 2026 the best value apartment in the Gray Summit area is the $1.31 price per square foot The St. Louis Model at Enclave at Winghaven in the in the Tysons Corner neighborhood starting from $1,944. The second greatest value Gray Summit apartment is the 2 Bedroom, 3 Bathroom with Den Model at Highgrove at Big Bend starting at $1,648 with a $1.23 price per square foot in the Peerless Park neighborhood. Here is today’s list of the best values for Gray Summit apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Enclave at WinghavenThe St. Louis3BR,2BA$1.31
Highgrove at Big Bend2 Bedroom, 3 Bathroom with Den2BR,3BA$1.23
Southernside ApartmentsTwo Bedroom2BR,2BA$1.21
Vance Station2 Bedroom2BR,2BA$1.37
Autumn Leaf Apartment Homes2 Bedroom Upstairs2BR,2BA$1.12
Washington Terrace1B/1B1BR,1BA$1.39
Walden Pond2A2BR,2BA$1.36
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$1.05
723 W Osage St, Unit 1723 W Osage St2BR,1BA$1.25
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24

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 Summit, MO Rentals by Map

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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 $850 at Osage Estates Apartments.

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 $950 at Osage Estates 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 Osage Estates Apartments and starts from $1,300.

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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.