
Cheap Apartments for Rent in Grayson, KY from $425 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Grayson.


970 Washington Ave

Emerald Gardens

Fort Gay Apartments

1802 9th Ave

1510 7th Ave

University Suites

Wheelersburg 68 Apartments

Riverside Landing

Barnett Commons
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.

Lynwood Ter

1037 6th St W

7311 Hatchery Rd

Garden Park Apartments

Herd Flats - Campus Housing

939 Taylor Dr

601 Cliff St

131 Township Rd 1059

820 9th St W

500 Oxcart Rd
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.

Webster Greene

3258 8th St

Royal Oaks at Pea Ridge

Providence Hill Apartments

Townhomes & Flats at MSU

Top Notch Townhomes & Storage

1604 Spring Valley Dr, Unit 7

The Prichard

Imperial Lofts

1429 3rd Ave
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.

4547-4535 Piedmont Rd

Mary Lane Estates

Victory Place

Hickory Way Apartments

1456 4th Ave

Fox Run Crossing

607 20th St

Paint Landing

531 4th St

1515 Walnut St
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.

4 Circle Dr

834 Gail Dr

Main Street Apartments

(Transitioned) Westmoreland

2228 Washington Ave

Greentree Apartments

The Cloister

Buffington Apartments

6785 Mud River Rd

207 2nd St E
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.
Grayson, KY Local Guide

How much does it cost to rent an apartment in Grayson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grayson Studio Apartments | $978 | $650 | $1,400 |
| Grayson 1 Bedroom Apartments | $1,039 | $425 | $2,692 |
| Grayson 2 Bedroom Apartments | $1,100 | $499 | $3,102 |
| Grayson 3 Bedroom Apartments | $1,224 | $850 | $1,665 |
| Grayson 4 Bedroom Apartments | $1,750 | $1,050 | $2,200 |
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Grayson, KY Local Guide
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Cheapest Available Grayson Apartments for Rent and Nearby
 The cheapest available apartment rental in Grayson, KY is a 1 Bed unit found at Fort Gay Apartments in the Wayne County neighborhood priced from $600. Wheelersburg 68 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Grayson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $600 |
| Wheelersburg 68 Apartments | Studios | Studio,1BA | $650 |
| Fox Run Crossing | 2 Bedroom | 2BR,1BA | $666 |
| Lynwood Ter | 2 bed | 2BR,1BA | $750 |
| Paint Landing | 3x1.5 | 3BR,1BA | $775 |
| Garden Park Apartments | Studio | Studio,1BA | $775 |
| (Transitioned) Westmoreland | 1 Bedroom 1 Bathroom | 1BR,1BA | $790 |
| Herd Flats - Campus Housing | Unfurnished | 2BR,1BA | $800 |
| Emerald Gardens | 2 Bedroom C | 2BR,1BA | $820 |
| Victory Place | 3 Bdrm | 3BR,1BA | $831 |
Best Value Apartments for Rent in Grayson, KY and Nearby
As of September 12, 2026 the best value apartment in the Grayson area is the $1.12 price per square foot Large_3x2.5TH_Garage Model at Hidden Brook Apartments & Townhomes in the starting from $1,615. The second greatest value Grayson apartment is the 3x1.5 Model at Paint Landing starting at $775 with a $0.67 price per square foot . Here is today’s list of the best values for Grayson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hidden Brook Apartments & Townhomes | Large_3x2.5TH_Garage | 3BR,2.5BA | $1.12 |
| Paint Landing | 3x1.5 | 3BR,1.5BA | $0.67 |
| Emerald Gardens | 2 Bedroom C | 2BR,1BA | $0.80 |
| Victory Place | 3 Bdrm | 3BR,1.5BA | $0.83 |
| Sawgrass Greene | 2x1 | 2BR,1BA | $0.97 |
| Top Notch Townhomes & Storage | Top Notch Rentals | 2BR,1.5BA | $1.04 |
| Fox Run Crossing | 2 Bedroom | 2BR,1.5BA | $0.74 |
| Webster Greene | 2 Bedroom Unit | 2BR,1BA | $1.03 |
| Royal Oaks at Pea Ridge | ONE BEDROOM UNIT | 1BR,1BA | $1.11 |
| Fort Gay Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.95 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Grayson, KY
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grayson, KY Rentals by Map
See the most popular apartments and homes in Grayson, KY
Frequently Asked Questions about Cheap Grayson Apartments
What is the Cheapest Studio apartment in Grayson?
Currently the most affordable Cheap Studio Apartment in Grayson is at Wheelersburg 68 Apartments listed at $650.
How much is rent for a Cheap One Bedroom Grayson Apartment?
The lowest price for a Cheap One Bedroom Grayson Apartment is $600 at Fort Gay Apartments.
What is the lowest price for a Cheap Two Bedroom Grayson Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grayson is starting from $640 at Fort Gay Apartments.
What is the most affordable Grayson Three Bedroom Apartment?
The best deal on a cheap Grayson Three Bedroom Apartment rental is at Paint Landing and starts from $775.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.