Cheap Apartments for Rent in Gray, TN from $700 (58 Rentals)

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Old Gray Manor
2 Bedroom Apartments

Old Gray Manor

542 Old Gray Station RdGray, TN 37615
  • Utilities Included

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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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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200-206 S Boone St
1 Bedroom Apartments

200-206 S Boone St

200-206 S Boone StJohnson City, TN 37604
  • Utilities Included
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111 Roseview Dr
1 Bedroom Apartments

111 Roseview Dr

111 Roseview DrJohnson City, TN 37615
  • 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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Gray, TN Local Guide

Cheapest Available Gray Apartments for Rent

 

The cheapest available apartment rental in Gray, TN is a 1 Bed unit found at Legacy Apartments in the Town Of Kingsport neighborhood priced from $800. Watauga Square in the Downtown Johnson City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $817. Here is today’s list of the most affordable Gray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Legacy ApartmentsOne Bedroom 575 SF1BR,1BA$800
Watauga Square1 Bedroom 1 Bathroom1BR,1BA$817
Apex Johnson City2 Bed x 1.5 Bath Townhouse2BR,1BA$875
Presswood Court1 Bedroom1BR,1BA$895
Poplar Ridge Apartments2 Bed x 2 Bath2BR,2BA$925
Greenwood Farms ApartmentsTwo Bedroom - Small2BR,1BA$975
The Villas at River Bend1 Bedroom Second Level1BR,1BA$979
Country Shores Apartments1 Bed 593 SF1BR,1BA$985
106-108 W Mountain View Rd2-Bedroom2BR,1BA$1,000
Bridgewater Retreat1 Bed 1 Bath1BR,1BA$1,049

Best Value Apartments for Rent in Gray, TN

As of June 11, 2026 the best value apartment in the Gray area is the $0.43 price per square foot College Heights Model at College Heights in the in the Downtown Johnson City neighborhood starting from $650. The second greatest value Gray apartment is the Dominion 2B 2.5B Model at The Dominion Apartments starting at $1,350 with a $1.08 price per square foot in the Downtown Johnson City neighborhood. Here is today’s list of the best values for Gray apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
College HeightsCollege Heights4BR,4BA$0.43
The Dominion ApartmentsDominion 2B 2.5B2BR,2.5BA$1.08
Apex Johnson City2 Bed x 2.5 Bath Townhouse2BR,2.5BA$1.02
Buffalo Ridge ApartmentsBuffalo 2B 1.5B2BR,1.5BA$0.88
Laurelwood Apartments2 Bedroom2BR,2BA$1.08
Beason Well Apartments3 Bedroom 603BR,2BA$0.99
915 Moreland DrMoreland 2B 1B2BR,1BA$0.95
106-108 W Mountain View Rd2-Bedroom2BR,1BA$1.00
The Harbor2BR2BR,2BA$0.97
Presswood Court1 Bedroom1BR,1BA$1.05

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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Pet Friendly Lifestyle
Gray, TN

Ranked #52

Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Gray, TN Rentals by Map

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See the most popular apartments and homes in Gray, TN

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Frequently Asked Questions about Cheap Gray Apartments

How much is rent for a Cheap One Bedroom Gray Apartment?

The lowest price for a Cheap One Bedroom Gray Apartment is $800 at Legacy 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 $875 at Apex Johnson City.

What is the most affordable Gray Three Bedroom Apartment?

The best deal on a cheap Gray Three Bedroom Apartment rental is at Beason Well Apartments and starts from $1,123.

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 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.

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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.