
Cheap Apartments for Rent near Ray, OH from $300 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Ray.


18 S Court St

Wheelersburg 68 Apartments

Beckford Place

Sater Village Apartments

Kershaw Greene III

Monticello Village

Timber Creek 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.

Walnut Hills

Campus Heights Student

Concord Manor Apartments

University Hilltop Apartments

Kershaw Greene I

Paint Creek Station

ACT APARTMENTS ATHENS AND NELSONVILLE

127 W State St
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.

9 Brown Ave

47 1st St

39 Walker

1600 5th St

Shawnee Grove

186 W Washington St

98 Hudson Ave

100 Hudson Ave
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.

Holly Hills Apartments

120 N Congress St

Pine Ridge

15 S Shafer St

61 1st St

116 N Congress St

Sandstone Apartments

Kershaw Greene II
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.

2 W 11th St

Everts Hill

81 N Paint St

Fox Run Crossing

Riverview Senior Villas

Apple Ridge

Nelsonville School Commons

338 N Columbus St
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.
Ray, OH Local Guide

How much does it cost to rent an apartment in Ray?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ray Studio Apartments | $988 | $650 | $1,375 |
| Ray 1 Bedroom Apartments | $1,171 | $450 | $1,800 |
| Ray 2 Bedroom Apartments | $1,415 | $675 | $2,900 |
| Ray 3 Bedroom Apartments | $1,348 | $725 | $2,235 |
| Ray 4 Bedroom Apartments | $732 | $575 | $890 |
Browse Top Apartments in Ray
See all Apartments in RayExplore Ray
Ray, OH Local Guide
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Cheapest Available Ray Apartments for Rent and Nearby
 The cheapest available apartment rental in Ray, OH is a 1 Bed unit found at HAWK'S NEST ACT APARTMENTS ATHENS priced from $450. Wheelersburg 68 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Ray apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| HAWK'S NEST ACT APARTMENTS ATHENS | Single bed | 1BR,1BA | $450 |
| Wheelersburg 68 Apartments | Studios | Studio,1BA | $650 |
| Beckford Place | Studio Deluxe Upgrade | Studio,1BA | $720 |
| Kershaw Greene II | 2 bdr | 2BR,1BA | $736 |
| Kershaw Greene III | Two Bedroom | 2BR,1BA | $760 |
| Everts Hill | 1 Bedroom | 1BR,1BA | $762 |
| Campus Heights Student | Studio | Studio,1BA | $865 |
| Concord Manor Apartments | Remodeled 1 Bed | 1BR,1BA | $875 |
| Nelsonville School Commons | 2 Bedroom | 2BR,1BA | $893 |
| Kershaw Greene I | 3 bdr | 3BR,2BA | $893 |
Best Value Apartments for Rent in Ray, OH and Nearby
As of August 07, 2026 the best value apartment in the Ray area is the $0.69 price per square foot 2 Bedroom Model at Nelsonville School Commons in the starting from $893. The second greatest value Ray apartment is the Three bedroom apartment Model at 152 Mill St. Luxury apartments near OU starting at $725 with a $0.60 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. |
|---|---|---|---|
| Nelsonville School Commons | 2 Bedroom | 2BR,1BA | $0.69 |
| 152 Mill St. Luxury apartments near OU | Three bedroom apartment | 3BR,1BA | $0.60 |
| The Summit at Coates Run | York - Renovated | 3BR,3BA | $0.75 |
| Kershaw Greene I | 3 bdr | 3BR,2BA | $0.80 |
| East Point Apartments and Lofts | 2 bedroom/2 bath | 2BR,2BA | $1.12 |
| Kershaw Greene III | Two Bedroom | 2BR,1BA | $0.87 |
| Kershaw Greene II | 2 bdr | 2BR,1BA | $0.86 |
| 21 S Court St | 2 Bedroom | 2BR,2BA | $0.74 |
| HAWK'S NEST ACT APARTMENTS ATHENS | Single bed | 1BR,1BA | $0.60 |
| Everts Hill | 1 Bedroom | 1BR,1BA | $1.07 |
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, OH Rentals by Map
See the most popular apartments and homes in Ray, OH
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 Wheelersburg 68 Apartments listed at $650.
How much is rent for a Cheap One Bedroom Ray Apartment?
The lowest price for a Cheap One Bedroom Ray Apartment is $450 at HAWK'S NEST ACT APARTMENTS ATHENS.
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 $675 at HAWK'S NEST ACT APARTMENTS ATHENS.
What is the most affordable Ray Three Bedroom Apartment?
The best deal on a cheap Ray Three Bedroom Apartment rental is at Kershaw Greene I and starts from $893.
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.