Cheap Apartments for Rent in Grayville, IL from $500 (48 Rentals)

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

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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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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1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711

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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Anchor Court Apartments
1 Bedroom Apartments

Anchor Court Apartments

2025 W Columbia StEvansville, IN 47712
Senior Living
  • Utilities Included
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Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included

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.

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Elmdale Apartments
1 to 2 Bedroom Apartments

Elmdale Apartments

3924 N Elmdale RdOlney, IL 62450
  • Utilities Included
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Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-48, Page 1 of 1

Grayville, IL Local Guide

Cheapest Available Grayville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grayville, IL is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $599. Lakewood Flats and Townhomes in the Howell neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $670. Here is today’s list of the most affordable Grayville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Redbud1BR,1BA$599
Lakewood Flats and Townhomes2 small wd2BR,1BA$670
Embassy Apartments0.1Studio,1BA$685
Princeton Court1 Bed 1 Bath1BR,1BA$710
Valoré at Hidden HillsThe Pine - One Bedroom Apartment Home1BR,1BA$725
Foxfire West Apartments1.11BR,1BA$785
The Forge on MainStudio AStudio,1BA$800
North ParkMcCallister1BR,1BA$825
The Timbers ApartmentsThe Oak 1 BR 1 BA1BR,1BA$829
Market Street ApartmentsStudio Apartment Home in Historic BuildingStudio,1BA$865

Best Value Apartments for Rent in Grayville, IL and Nearby

As of November 29, 2025 the best value apartment in the Grayville area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,595. The second greatest value Grayville apartment is the 3BR/2.0BA Model at Apartments@41 starting at $1,450 with a $1.19 price per square foot in the Business 41 neighborhood. Here is today’s list of the best values for Grayville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Circle Point Villas3BR Villa3BR,2BA$1.04
Apartments@413BR/2.0BA3BR,2BA$1.19
Eagle Village - Historical Access4BR/2BA - Furnished4BR,2BA$0.47
The Rathbone Apartments2 Bedroom Unfurnished2BR,1BA$1.07
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
Naveen Pine TownhomesBeautiful 3 Bedroom Townhome3BR,1.5BA$1.23
The Brickyard ApartmentsKeystone1BR,1BA$1.16
Colonial Manor Apartments2x1 R2BR,1BA$1.09
Mission Viejo VillasB- Barcelona1BR,1BA$1.16
North ParkMcCallister1BR,1BA$1.10

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Explore Grayville, IL Rentals by Map

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See the most popular apartments and homes in Grayville, IL

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Getting Around Grayville, IL

Walk Score®

25 / 100

Car-Dependent

Most errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Grayville Apartments

What is the Cheapest Studio apartment in Grayville?

Currently the most affordable Cheap Studio Apartment in Grayville is at Embassy Apartments listed at $685.

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

The lowest price for a Cheap One Bedroom Grayville Apartment is $599 at SPRING VALLEY FLATS.

What is the lowest price for a Cheap Two Bedroom Grayville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grayville is starting from $670 at Lakewood Flats and Townhomes.

What is the most affordable Grayville Three Bedroom Apartment?

The best deal on a cheap Grayville Three Bedroom Apartment rental is at Naveen Pine Townhomes and starts from $1,150.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.