Cheap Homes for Rent in the Grayson Neighborhood of Katy, TX from $1,300 (136 Rentals)

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

Houston's Best Affordable Neighborhoods

Learn about Houston and the best places to live with original content written by our Houston Local Expert Lori Rosario

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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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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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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 $990. Lodge @ 1550 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable Grayson apartments for rent in Houston, TX:

Apartment ListingModel NameBed/BathPriced From
Broadstone Grand ParkwayA11BR,1BA$990
Lodge @ 1550A11BR,1BA$1,005
The Century at KatyA21BR,1BA$1,044
Boardwalk LoftsA2Studio,1BA$1,062
Elite 99 WestA1 - 1x11BR,1BA$1,063
Greenwood at KatyOak A1BR,1BA$1,065
Willow Lake ApartmentsMedina1BR,1BA$1,078
Katy Ranch Apartments1 Bed, 1 Bath B (80% Income Restricted)1BR,1BA$1,112
Marquis at the Reserve1A1BR,1BA$1,169
Kingsland Park 55+A3(SH)80%1BR,1BA$1,194

Best Value Apartments for Rent in Grayson, TX

As of August 18, 2026 the best value apartment in the Grayson area is the $1.43 price per square foot Dogwood Model at The Villas at Tamarron in the in the Grayson neighborhood starting from $2,430. The second greatest value Grayson apartment is the C1 Model at The Crossing at Katy Ranch starting at $2,133 with a $1.55 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$1.43
The Crossing at Katy RanchC13BR,2BA$1.55
Katy Ranch Apartments2 Bed, 2 Bath B2BR,2BA$1.59
Elite 99 WestB1 - 2x22BR,2BA$1.66
Grand Villas at Cinco RanchB12BR,2BA$1.68
The MaddoxA31BR,1BA$1.60
Regalia Bella Terra apartmentsA31BR,1BA$1.75
Marquis at the Reserve1B1BR,1BA$1.65
Greenwood at KatyOak1BR,1BA$1.73
Broadstone Grand ParkwayA11BR,1BA$1.52

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
Grayson, Katy, TX

Ranked #9

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Grayson, Katy, TX

School data provided by Great Schools

Frequently Asked Questions about Grayson

What type of rentals are currently available in Grayson?

There are currently 51 Apartments for Rent in Grayson, TX with pricing that ranges from $531 to $3,115. There are also 312 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grayson ranging from $1,375 to $9,500.

What is the current price range for Rental Homes in Grayson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Grayson ranges from $1,375 to $9,500 with an average monthly rent of $3,078.

How much are larger Three and Four Bedroom Rentals in Grayson?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Grayson range from $1,739 to $3,115, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,595.

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.

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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.

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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.