
Cheap Apartments for Rent near Ray, MI from $600 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Ray.


Chesterfield Manor

Aspen Creek Apartments

Eagles Landing of Washington

Stony on Van Dyke

Shelby Park Manor Apts - 55 & OVER
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.

Apple Valley Apartments

Sterling Hill Apartments

Oakview Square

Northport Apartments

The Enclave

Stoney Creek Village Apartments
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.

Casa Mia Apartments

Lakeside Park

67748 S Main St

8162 24 Mile Rd

45835 Brownell St

51166 Johns Dr
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.

Springbrook Estates

48677 Sugarbush Rd, Unit 1

15834 N Franklin Dr

52505 Willow Wood Ct

52553 Elmcrest Ct

51590 Stern Ln
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.

314 Fairgrove St

50450 Bay Run N
Ray, MI Local Guide

How much does it cost to rent an apartment in Ray?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ray Studio Apartments | $640 | $640 | $640 |
| Ray 1 Bedroom Apartments | $1,256 | $760 | $1,662 |
| Ray 2 Bedroom Apartments | $1,767 | $925 | $2,700 |
| Ray 3 Bedroom Apartments | $2,188 | $1,350 | $3,600 |
| Ray 4 Bedroom Apartments | $2,375 | $2,375 | $2,375 |
Browse Top Apartments in Ray
See all Apartments in RayExplore Ray
Ray, MI Local Guide
- Ray Neighborhoods
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Cheapest Neighborhoods for Apartments in Ray, MI
Pricing Updated: 07/13/2026Current apartment rentals in the Ray, MI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Ray Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Strathmore | $3,700 | $3,495 | 1 |
Cheapest Available Ray Apartments for Rent and Nearby
 The cheapest available apartment rental in Ray, MI is a 1 Bed unit found at Chesterfield Manor in the New Baltimore neighborhood priced from $925. Aspen Creek Apartments in the New Baltimore neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here is today’s list of the most affordable Ray apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chesterfield Manor | One Bedroom | 1BR,1BA | $925 |
| Aspen Creek Apartments | One Bedroom | 1BR,1BA | $930 |
| Eagles Landing of Washington | The Harding Includes Heat | 1BR,1BA | $975 |
| Sterling Hill Apartments | Sterling Hill Apartments (51501 Mound LLC) - **... | 1BR,1BA | $1,046 |
| Stony on Van Dyke | One Bed, One Bath – New Building *Apply today a... | 1BR,1BA | $1,200 |
| Apple Valley Apartments | Paula Red Updated | 2BR,1BA | $1,275 |
| Northport Apartments | Senna | 1BR,1BA | $1,284 |
| Lakeside Park | One Bedroom | 1BR,1BA | $1,390 |
| Romeo Flats | 2 beds | 2BR,2BA | $1,550 |
| Stoney Park Place Apartments | The Arcadia - 1 Bedroom, 1 Bathroom, 2nd Floor... | 1BR,1BA | $1,595 |
Best Value Apartments for Rent in Ray, MI and Nearby
As of July 13, 2026 the best value apartment in the Ray area is the $1.22 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Windemere East in the in the Shelby Township Utica neighborhood starting from $2,300. The second greatest value Ray apartment is the 2 Bedrooms, 2 Bathrooms Model at Annsbury North Phase I starting at $1,700 with a $1.21 price per square foot in the Westminister neighborhood. Here is today’s list of the best values for Ray apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windemere East | 3 Bedrooms, 2.5 Bathrooms | 3BR,2.5BA | $1.22 |
| Annsbury North Phase I | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.21 |
| Casa Mia Apartments | I & J Style | 2BR,2BA | $1.25 |
| Springbrook Estates | 2 Bed 2 Bath Single Section | 2BR,2BA | $1.16 |
| Stony on Van Dyke | Stony on Van Dyke Apartments - Two Bedroom, Two... | 2BR,2BA | $1.31 |
| Apple Valley Apartments | Paula Red Updated | 2BR,1BA | $1.38 |
| Chesterfield Manor | One Bedroom | 1BR,1BA | $1.16 |
| Aspen Creek Apartments | One Bedroom | 1BR,1BA | $1.22 |
| Clinton Township Apartments | The Shelby | 1BR,1BA | $1.24 |
| Eagles Landing of Washington | The Harding Includes Heat | 1BR,1BA | $1.39 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Ray, MI Rentals by Map
See the most popular apartments and homes in Ray, MI
Frequently Asked Questions about Cheap Ray Apartments
How much is rent for a Cheap One Bedroom Ray Apartment?
The lowest price for a Cheap One Bedroom Ray Apartment is $925 at Chesterfield Manor.
What is the lowest price for a Cheap Two Bedroom Ray Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Ray is starting from $980 at Aspen Creek Apartments.
What is the most affordable Ray Three Bedroom Apartment?
The best deal on a cheap Ray Three Bedroom Apartment rental is at Aspen Creek Apartments and starts from $1,350.
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

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.

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.

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.

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.