Cheap Apartments for Rent in the Grayson Neighborhood of Katy, TX from $500 (147 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Grayson area of Katy.

close
View Me
Boardwalk Lofts
Rent Specials
$1,077 - $2,685
Total Monthly Price

Total Monthly Price

Base Rent
$1,077 - $2,685

Total Monthly Price
$1,077 - $2,685
Studio to 3 Bedroom Apartments Available Now

Boardwalk Lofts

122 Lakeview WayKaty, TX 77494
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Encore Motif
$1,251 - $1,953
Total Monthly Price

Total Monthly Price

Base Rent
$1,251 - $1,953

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Encore Motif

23233 Western Centre DrKaty, TX 77494
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Cape at Grand Harbor
Rent Specials
$1,274 - $2,458
Total Monthly Price

Total Monthly Price

Base Rent
$1,274 - $2,458

Total Monthly Price
$1,274 - $2,458
1 to 3 Bedroom Apartments Available Now

The Cape at Grand Harbor

24758 Grand Harbor DrKaty, TX 77494
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Greenwood at Katy
Rent Specials
$1,335 - $2,415
Total Monthly Price

Total Monthly Price

Base Rent
$1,335 - $2,415

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Greenwood at Katy

1700 Katy Fort Bend RdKaty, TX 77493
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Lenox Katy Crossing
Rent Specials
$1,437 - $3,061
Total Monthly Price

Total Monthly Price

Base Rent
$1,437 - $3,061

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Lenox Katy Crossing

23414 W Fernhurst DrKaty, TX 77494
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Lenox Katy Grove
Rent Specials
$1,440 - $2,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $2,200

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Lenox Katy Grove

23615 Kingsland BlvdKaty, TX 77494
Affordability
  • Verified
  • 3D Tour
close
View Me
Hudson Crossing
Rent Specials
$1,481 - $2,771
Total Monthly Price

Total Monthly Price

Base Rent
$1,481 - $2,771

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Hudson Crossing

23933 Kingsland BlvdKaty, TX 77494
Corporate Housing
  • Verified
  • Smoke Free

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.

close
View Me
Territory at Anserra
Rent Specials
$1,590 - $5,610
Total Monthly Price

Total Monthly Price

Base Rent
$1,590 - $5,610

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Territory at Anserra

4000 Anserra TrlKaty, TX 77494
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Grayson, Katy, TX Local Guide

Cheapest Available Grayson Apartments for Rent

 

The cheapest available apartment rental in the Grayson area of Houston, TX is a 1 Bed unit found at Broadstone Grand Parkway priced from $949. Willow Lake Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here are the most affordable Grayson apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Broadstone Grand ParkwayA11BR,1BA$949
Willow Lake ApartmentsMedina1BR,1BA$995
Lodge @ 1550A11BR,1BA$999
The Century at KatyA21BR,1BA$1,044
Kingsland Park 55+A2-Mkt1BR,1BA$1,058
Tessa at KatyA1 Essential Housing1BR,1BA$1,061
Boardwalk LoftsA2Studio,1BA$1,077
Elite 99 WestA1 - 1x11BR,1BA$1,099
Marquis at the Reserve1A1BR,1BA$1,158
The Range at TamarronA11BR,1BA$1,178

Best Value Apartments for Rent in Grayson, TX

As of July 03, 2026 the best value apartment in the Grayson area is the $1.44 price per square foot Dogwood Model at The Villas at Tamarron in the in the Grayson neighborhood starting from $2,450. The second greatest value Grayson apartment is the B2GR - Newly Renovated with Attached Garage Model at Grand Villas at Cinco Ranch starting at $1,863 with a $1.62 price per square foot in the Falcon Ranch neighborhood. Here is today’s list of the best values for Grayson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Villas at TamarronDogwood3BR,2.5BA$1.44
Grand Villas at Cinco RanchB2GR - Newly Renovated with Attached Garage2BR,3BA$1.62
Regalia Bella Terra apartmentsA91BR,1BA$1.68
Braxton at TamarronA31BR,1BA$1.63
Katy Ranch Apartments1 Bed, 1 Bath D (80% Income Restricted)1BR,1BA$1.55
Marquis at the Reserve1B1BR,1BA$1.64
The MaddoxA11BR,1BA$1.70
Tessa at KatyA2 Essential Housing1BR,1BA$1.55
Elite 99 WestA1 - 1x11BR,1BA$1.63
Broadstone Grand ParkwayA11BR,1BA$1.46

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 Article
Decorative image

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.

Read Article
Decorative image

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

Pet Friendly Lifestyle
Grayson, Katy, TX

Ranked #9

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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 Boardwalk Lofts listed at $1,077.

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

The lowest price for a Cheap One Bedroom Grayson Apartment is $949 at Broadstone Grand Parkway.

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 $1,364 at Willow Lake Apartments.

What is the most affordable Grayson Three Bedroom Apartment?

The best deal on a cheap Grayson Three Bedroom Apartment rental is at Tessa at Katy and starts from $1,763.

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.

Helpful Local Expert Guides

decorative image for The 10 Best Affordable Neighborhoods in Houston, TX article

The 10 Best Affordable Neighborhoods in Houston, TX

Written by: Lori Rosario

Houston is a huge city, and it’s still growing, which makes it one of the most sought after places in the country to move.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Houston

Written by: Lori Rosario

Houston is home to insane traffic, the nation's most complex highway system, and unstable weather that will leave you wondering if the four seasons are still a thing.

decorative image for Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job article

Your Houston Neighborhood Guide: Find the Perfect Home Near Your Job

Written by: Lori Rosario

To say Houston is a bustling metropolitan area seems like an understatement. Everyone you turn, something is being built, be it gas stations, stores, office buildings, medical facilities, housing, or apartment complexes.

decorative image for The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community article

The Ultimate Guide to Houston Apartment Living: Neighborhoods, Culture, and Community

Written by: Lori Rosario

Houston, the fourth most-populous city in the United States and the most populous in the south, just can't seem to stop growing and expanding. People from all over the U.S.

Articles, How-To's, and Tips

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.