Cheap Apartments for Rent in Ray, OH from $300 (40 Rentals)

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

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.

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Paint Creek Station
1 to 3 Bedroom Apartments

Paint Creek Station

101 W.M. TrotterChillicothe, OH 45601
  • Utilities Included

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.

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Shawnee Grove
2 to 4 Bedroom Apartments

Shawnee Grove

107 Black Hoof StCircleville, OH 43113
  • Utilities Included
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Kershaw Greene I
1 to 3 Bedroom Apartments

Kershaw Greene I

9309 OH-682Athens, OH 45701

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.

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Holly Hills Apartments
2 to 3 Bedroom Apartments

Holly Hills Apartments

700 Holly Hill DrJackson, OH 45640
Corporate Housing
  • Utilities Included
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Pine Ridge
2 to 3 Bedroom Apartments

Pine Ridge

33601 Pine Ridge DrLogan, OH 43138
  • Utilities Included
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Sandstone Apartments
2 to 4 Bedroom Apartments

Sandstone Apartments

100 N Plains RdThe Plains, OH 45780
  • Utilities Included
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Everts Hill
1 to 2 Bedroom Apartments

Everts Hill

532 S Court StCircleville, OH 43113
Senior Living
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Fox Run Crossing
1 to 3 Bedroom Apartments

Fox Run Crossing

601 Beaver Creek RdPiketon, OH 45661
  • Utilities Included

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.

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Kershaw Greene II
1 to 3 Bedroom Apartments

Kershaw Greene II

8278 Luhrig RdAthens, OH 45701
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The Studios at 123
Studio to 2 Bedroom Apartments

The Studios at 123

123 N Broad StLancaster, OH 43130

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Ray, OH Local Guide

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. Kershaw Greene III has the second lowest priced unit, which is a 1 Bed apartment currently listed from $707. Here is today’s list of the most affordable Ray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HAWK'S NEST ACT APARTMENTS ATHENSSingle bed1BR,1BA$450
Kershaw Greene IIIOne Bedroom1BR,1BA$707
Kershaw Greene I2 bdr2BR,1BA$736
Fox Run Crossing3 Bedroom3BR,1BA$817
Kershaw Greene II3 bdr3BR,2BA$893
Walnut HillsA11BR,1BA$910
Campus Heights Student1x11BR,1BA$925
Apple RidgeSussex1BR,1BA$965
Woodview EstatesCircleville Townhomes- Call For Availability2BR,1BA$1,025
Carlisle Crest2 Bdrm Town Home2BR,1BA$1,050

Best Value Apartments for Rent in Ray, OH and Nearby

As of May 07, 2026 the best value apartment in the Ray area is the $1.19 price per square foot Unit A Model at 532 N Columbus St in the starting from $1,550. The second greatest value Ray apartment is the Three bedroom apartment Model at 152 Mill St. Luxury apartments near OU starting at $550 with a $0.46 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.
532 N Columbus StUnit A2BR,1BA$1.19
152 Mill St. Luxury apartments near OUThree bedroom apartment3BR,1BA$0.46
Fox Run Crossing3 Bedroom3BR,1.5BA$0.72
Kershaw Greene II3 bdr3BR,2BA$0.80
University Hilltop Apartments2 Beds, 1 bath2BR,1BA$1.11
Woodview EstatesCircleville Townhomes- Call For Availability2BR,1BA$1.15
Kershaw Greene I2 bdr2BR,1BA$0.86
21 S Court St2 Bedroom2BR,2BA$0.74
HAWK'S NEST ACT APARTMENTS ATHENSSingle bed1BR,1BA$0.60
Kershaw Greene IIIOne Bedroom1BR,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.

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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.

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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.

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

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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 $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 Fox Run Crossing and starts from $817.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.