Cheap Apartments for Rent near Ray, MI from $640 (33 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
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article
close
View Me
67748 S Main St
1 to 2 Bedroom Apartments

67748 S Main St

67748 S Main StRichmond, MI 48062

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.

Read Article
property at 48677 Sugarbush Rd

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350

2 Bedroom, 1 Bath Condo for Rent

Available Now

48677 Sugarbush Rd, Unit 1

48677 Sugarbush Rd
ChesterfieldMI48047

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.

Read Article
Showing Results 1-33, Page 1 of 1

Ray, MI Local Guide

Cheapest Neighborhoods for Apartments in Ray, MI

Pricing Updated: 08/27/2026

Current apartment rentals in the Ray, MI area range in price from $2,200 to $4,250 with an overall median price of $3,225. Here is today’s list neighborhoods with the lowest median pricing for Ray Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Strathmore$3,225$2,2001

Cheapest Available Ray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ray, MI is a 1 Bed unit found at Aspen Creek Apartments in the New Baltimore neighborhood priced from $965. Stony on Van Dyke has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Ray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Creek ApartmentsOne Bedroom1BR,1BA$965
Stony on Van DykeOne Bed | One Bath | Second Month's Rent FREE!1BR,1BA$1,000
Chesterfield ManorTwo Bedroom (Type B)2BR,1BA$1,025
Eagles Landing of WashingtonThe Taft Includes Heat2BR,1BA$1,025
Sterling Hill ApartmentsMore Home. Less Monthly. Save over $1,200 with ...2BR,1BA$1,229
Stoney Creek Village Apartments1 Bedroom Main Level1BR,1BA$1,325
Northport ApartmentsPetunia2BR,1BA$1,441
Springbrook Estates3 Bed 2 Bath Single Section3BR,2BA$1,499
Lakeside ParkTwo Bedroom2BR,2BA$1,522
Stoney Park Place ApartmentsThe Arcadia - 1 Bedroom, 1 Bathroom, 2nd Floor...1BR,1BA$1,595

Best Value Apartments for Rent in Ray, MI and Nearby

As of August 27, 2026 the best value apartment in the Ray area is the $1.28 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Windemere East in the in the Shelby Township Utica neighborhood starting from $2,400. The second greatest value Ray apartment is the Ambassador 3b ranch Model at Kirkway Apartments starting at $2,151 with a $1.38 price per square foot . Here is today’s list of the best values for Ray apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windemere East3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.28
Kirkway ApartmentsAmbassador 3b ranch3BR,2BA$1.38
Annsbury North Phase I2 Bedrooms, 2 Bathrooms2BR,2BA$1.29
Casa Mia ApartmentsI & J Style (2nd Floor Units)2BR,2BA$1.25
Stonehaven ApartmentsC1p - Premium Orchid2BR,2BA$1.49
Stoney Creek Village Apartments1 Bedroom Lower Level1BR,1BA$1.23
Stony on Van DykeTwo Bed | Two Bath | Second Month's Rent FREE!2BR,2BA$1.31
Eagles Landing of WashingtonThe Grant W/D Hook Up2BR,2BA$1.29
Chesterfield ManorTwo Bedroom (Type B)2BR,1BA$1.14
Aspen Creek ApartmentsOne Bedroom1BR,1.5BA$1.18

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

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

Explore Ray, MI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Ray, MI

View Map
Ray, MI Apartments Map
View Map
Ray, MI Rental Homes Map

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 $965 at Aspen Creek Apartments.

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 $1,025 at Chesterfield Manor.

What is the most affordable Ray Three Bedroom Apartment?

The best deal on a cheap Ray Three Bedroom Apartment rental is at Stony on Van Dyke 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

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.