Cheap Apartments for Rent in Gray Summit, MO from $500 (29 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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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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Riverbend Estates III
2 Bedroom Apartments

Riverbend Estates III

1901 High StWashington, MO 63090
Senior Living
  • Utilities Included

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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Showing Results 1-29, 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 990 S Lay Ave priced from $710. Osage Estates Apartments in the Gray Summit neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Gray Summit apartments for rent:

Apartment ListingModel NameBed/BathPriced From
990 S Lay Ave990 South Lay1BR,1BA$710
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$850
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$855
Chapel Ridge of Union1 Bedrooms1BR,1BA$925
Autumn Leaf Apartment Homes1 Bedroom Upstairs1BR,1BA$950
Walden Pond2A2BR,2BA$1,200
Madison RockwoodThe Claymont1BR,1BA$1,250
Preserve at Research ParkManderly1BR,1BA$1,259

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

As of May 07, 2026 the best value apartment in the Gray Summit area is the $1.09 price per square foot The Vail Model at Retreat at Seven Trails in the in the Village Green neighborhood starting from $1,477. The second greatest value Gray Summit apartment is the 2 Bed 2 Bath Model at Carriage Place at Lake Chesterfield starting at $1,600 with a $1.35 price per square foot in the Enclaves at Cherry Hills 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.
Retreat at Seven TrailsThe Vail2BR,2BA$1.09
Carriage Place at Lake Chesterfield2 Bed 2 Bath2BR,2BA$1.35
Schoettler VillageBradford2BR,2BA$1.34
611 Palisades Dr, Unit 611611 Palisades Dr3BR,1.5BA$1.11
Walden Pond2A2BR,2BA$1.36
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$1.05
Autumn Leaf Apartment Homes1 bedroom downstairs1BR,1BA$1.24
Osage Estates Apartments1 Bed, 1 bath1BR,1BA$1.24
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.37
990 S Lay Ave990 South Lay1BR,1BA$1.42

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!

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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 $710 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 $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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

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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.

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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.