
Cheap Apartments for Rent near Ray, ND from $350 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Ray.


Auburn Ridge

Pineview Apartments

Badlands Apartments II

Stanley Square

Tioga Apartments

Madison Heights Apartments

Timber Cove Apartments

Brookledge Apartments
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.

Olson Apartments

University Commons

Dakota Point Apartments

Bakken Ridge Apartments

Total Monthly Price
South Ridge

Sleepy Ridge Apartments and Townhomes

The Reserve at Elk Crossing

Total Monthly Price
Plantation at Hunters Run

The Reserve at Bison Crossing
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.

Washington Valley

Total Monthly Price
Eagles Landing

CHI Mercy Heights

Eagle Crest Apartments

Total Monthly Price
Fair Hills Apartments

Tioga Townhomes

Total Monthly Price
North Gate Apartments

Bluffs of Williston

Strata Estates of Williston
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.

Westridge Apartments

Stanley Pointe Townhomes

Williston Estates

Branson Development

510 33rd Ave NW

Timber Trails Apartments

Regency Apartment Homes

The Birches Townhomes

129 2nd St SW
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.

342 Adeline Dr
Ray, ND Local Guide

How much does it cost to rent an apartment in Ray?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ray Studio Apartments | $854 | $750 | $1,163 |
| Ray 1 Bedroom Apartments | $1,113 | $800 | $1,700 |
| Ray 2 Bedroom Apartments | $1,342 | $850 | $2,027 |
| Ray 3 Bedroom Apartments | $1,473 | $350 | $2,533 |
| Ray 4 Bedroom Apartments | $2,247 | $2,060 | $2,700 |
Browse Top Apartments in Ray
See all Apartments in RayExplore Ray
Ray, ND Local Guide
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Cheapest Available Ray Apartments for Rent and Nearby
 The cheapest available apartment rental in Ray, ND is a 3 Beds unit found at Williston Living priced from $350. Pineview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Ray apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Williston Living | Elm Estates Mobile Homes | 3BR, 2BA | $350 |
| Pineview Apartments | One Bedroom | 1BR, 1BA | $800 |
| Stanley Square | A | 1BR, 1BA | $878 |
| Madison Heights Apartments | 1 Bed 1 Bath | 1BR, 1BA | $895 |
| Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $900 |
| Brookledge Apartments | Efficiency | Studio, 1BA | $910 |
| Badlands Apartments II | 1 Bed 1 Bath Sq Ft 728 HIF 80% | 1BR, 1BA | $918 |
| Olson Apartments | 2 Bed /2 Bath | 2BR, 2BA | $925 |
| Bakken Ridge Apartments | ONE BEDROOM | 1BR, 1BA | $975 |
| Dakota Point Apartments | 2 Bedrooms, 2 Bathrooms | 2BR, 2BA | $975 |
Best Value Apartments for Rent in Ray, ND and Nearby
As of September 23, 2026 the best value apartment in the Ray area is the $1.04 price per square foot 4 Bedroom Quadplex Model at Stanley Town Homes starting from $2,060. The second greatest value Ray apartment is the 3 Bedrooms, 2 Bathrooms Model at Westridge Apartments starting at $1,550 with a $1.15 price per square foot. 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. |
|---|---|---|---|
| Stanley Town Homes | 4 Bedroom Quadplex | 4BR, 3.5BA | $1.04 |
| Westridge Apartments | 3 Bedrooms, 2 Bathrooms | 3BR, 2BA | $1.15 |
| Williston Living | FM Parkway Lots | Studio, | $0.67 |
| Tioga Townhomes | 2 Bed 1 Bath | 2BR, 1.5BA | $1.04 |
| Dakota Point Apartments | 2 Bedrooms, 2 Bathrooms Furnished | 2BR, 2BA | $1.07 |
| Olson Apartments | 2 Bed /2 Bath | 2BR, 2BA | $0.91 |
| Madison Heights Apartments | 2 bed 1 bath | 2BR, 1BA | $1.17 |
| Timber Cove Apartments | 1 Bedroom 1 Bathroom | 1BR, 1BA | $1.17 |
| Stanley Square | A | 1BR, 1BA | $1.17 |
| Pineview Apartments | One Bedroom | 1BR, 1BA | $1.16 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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, ND Rentals by Map
See the most popular apartments and homes in Ray, ND
Frequently Asked Questions about Cheap Ray Apartments
What is the Cheapest Studio apartment in Ray?
Currently the most affordable Cheap Studio Apartment in Ray is at Williston Living listed at $750.
How much is rent for a Cheap One Bedroom Ray Apartment?
The lowest price for a Cheap One Bedroom Ray Apartment is $800 at Pineview 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 $850 at Pineview Apartments.
What is the most affordable Ray Three Bedroom Apartment?
The best deal on a cheap Ray Three Bedroom Apartment rental is at Williston Living and starts from $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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.