Cheap Apartments for Rent in Gray, TN from $700 (57 Rentals)

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

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Old Gray Manor
2 Bedroom Apartments

Old Gray Manor

542 Old Gray Station RdGray, TN 37615
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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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

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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Feather Ridge
2 Bedroom Apartments

Feather Ridge

702 E Main StJonesborough, TN 37659
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Eli's Place
1 to 3 Bedroom Apartments

Eli's Place

3529 W Walnut StJohnson City, TN 37604
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Copper Ridge Apartments
1 Bedroom Apartments

Copper Ridge Apartments

405 Christian Church RdJohnson City, TN 37615
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Gray, TN Local Guide

Cheapest Available Gray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gray, TN is a Studio unit found at Legacy Kingsport in the Town Of Kingsport neighborhood priced from $750. 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 KingsportAmazing 1 Baths | 275 Square Ft. fully renovate...Studio,1BA$750
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
Laurelwood Apartments1 Bedroom1BR,1BA$950
Greenwood Farms ApartmentsTwo Bedroom - Standard2BR,1BA$985
106-108 W Mountain View Rd2-Bedroom2BR,1BA$1,000
Bridgewater Retreat1 Bed 1 Bath1BR,1BA$1,049
The Village at Twin HillsTwinHills 1B 1.5B G1BR,1BA$1,050

Best Value Apartments for Rent in Gray, TN and Nearby

As of July 26, 2026 the best value apartment in the Gray area is the $1.19 price per square foot 3BR/2.0BA Model at Burlington Mill Apartments in the in the Downtown Johnson City neighborhood starting from $1,900. The second greatest value Gray apartment is the College Heights Model at College Heights starting at $650 with a $0.47 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.
Burlington Mill Apartments3BR/2.0BA3BR,2BA$1.19
College HeightsCollege Heights4BR,4BA$0.47
Dominion Townhomes for RentDominion 2B 2.5B2BR,2.5BA$1.08
Apex Johnson City2 Bed x 2.5 Bath Townhouse2BR,2.5BA$1.02
106-108 W Mountain View Rd2-Bedroom2BR,1BA$1.00
Mountainview Villas2 Bedroom, 1.5 Bath2BR,1.5BA$1.22
Kingsport Crossing2 bed x 2 bath2BR,2BA$1.20
The Harbor2BR2BR,2BA$0.97
The Village at Twin HillsTwinHills 1B 1.5B G1BR,1.5BA$1.17
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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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.

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Pet Friendly Lifestyle
Gray, TN

Ranked #50

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 $817 at Watauga Square.

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 Bridgewater Retreat and starts from $1,259.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.