
Cheap Apartments for Rent near Ray, ND from $300 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Ray.


Auburn Ridge

Pineview Apartments

Badlands Apartments II

Brookledge Apartments

Stanley Square

Madison Heights Apartments

Timber Cove Apartments

Olson 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.

Dakota Point Apartments

Bakken Ridge Apartments

Total Monthly Price
South Ridge

The Reserve at Elk Crossing

Sleepy Ridge Apartments and Townhomes

Total Monthly Price
Plantation at Hunters Run

The Reserve at Bison Crossing

Washington Valley

University Commons
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.

Total Monthly Price
Eagles Landing

Tioga Apartments

Total Monthly Price
Fair Hills Apartments

Eagle Crest Apartments

CHI Mercy Heights

Total Monthly Price
North Gate Apartments

Tioga Townhomes

Strata Estates of Williston

Bluffs 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

The Birches Townhomes

620 1st St SE

Williston Estates

Branson Development

912 5th St SW

Timber Trails Apartments

Regency Apartment Homes

214 7th 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.

1909 13th Ave W
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 | $864 | $750 | $1,222 |
| Ray 1 Bedroom Apartments | $1,106 | $800 | $1,700 |
| Ray 2 Bedroom Apartments | $1,332 | $850 | $2,075 |
| Ray 3 Bedroom Apartments | $1,522 | $350 | $2,547 |
| Ray 4 Bedroom Apartments | $2,297 | $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 |
| Olson Apartments | 2 Bed /2 Bath | 2BR,2BA | $925 |
| Badlands Apartments II | 1 Bed 1 Bath Sq Ft 728 HIF 80% | 1BR,1BA | $930 |
| Bakken Ridge Apartments | ONE BEDROOM | 1BR,1BA | $975 |
| Dakota Point Apartments | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $975 |
| The Reserve at Elk Crossing | Tule | 1BR,1BA | $995 |
Best Value Apartments for Rent in Ray, ND and Nearby
As of August 08, 2026 the best value apartment in the Ray area is the $1.15 price per square foot 3 Bedrooms, 2 Bathrooms Model at Westridge Apartments in the starting from $1,550. The second greatest value Ray apartment is the FM Parkway Lots Model at Williston Living starting at $750 with a $0.67 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. |
|---|---|---|---|
| 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 |
| Tioga Apartments | C | 2BR,2BA | $1.06 |
| 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 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.

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.

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.