Cheap Homes for Rent in Gray Summit, MO from $1,300 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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 $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 ListingModel NameBed/BathPriced From
990 S Lay Ave990 South Lay1BR,1BA$680
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$800
Autumn Leaf Apartment HomesBedrooms Upstairs2BR,2BA$950
Chapel Ridge of Union1 Bedrooms1BR,1BA$999
Retreat at Seven TrailsThe Aspen1BR,1BA$1,060

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

As of June 26, 2025 the best value apartment in the Gray Summit area is the $1.19 price per square foot 33E Model at Carriage Place at Lake Chesterfield in the in the Enclaves at Cherry Hills neighborhood starting from $1,749. The second greatest value Gray Summit apartment is the Two Bedroom Model at Southernside Apartments starting at $1,116 with a $1.01 price per square foot in the Tysons Corner 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.
Carriage Place at Lake Chesterfield33E3BR,3BA$1.19
Southernside ApartmentsTwo Bedroom2BR,2BA$1.01
Schoettler VillageElm2BR,2BA$1.40
Walden Pond3A3BR,2BA$1.02
Autumn Leaf Apartment HomesBedrooms Upstairs2BR,2BA$0.93
623 Palisades Dr, Unit 623623 Palisades Dr3BR,1.5BA$1.20
Washington Terrace1B/1B1BR,1BA$1.28
Summit Valley ApartmentsOne Bed, One Bath1BR,1BA$0.98
Chapel Ridge of Union1 Bedrooms1BR,1BA$1.48
990 S Lay Ave990 South Lay1BR,1BA$1.36

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Gray Summit

What type of rentals are currently available in Gray Summit?

There are currently 59 Apartments for Rent in Gray Summit, MO with pricing that ranges from $680 to $3,884. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gray Summit ranging from $1,349 to $6,500.

What is the current price range for Rental Homes in Gray Summit?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Gray Summit ranges from $1,349 to $6,500 with an average monthly rent of $2,981.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.