Cheap Apartments for Rent in Gray, IA from $500 (28 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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 Gray.

property at 300 Barnes St

300 Barnes St

Ida GroveIA51445
close
View Me
Fonda Apartments
1 to 2 Bedroom Apartments

Fonda Apartments

304 Fairburn StFonda, IA 50540
Showing Results 1-28, Page 1 of 1

Gray, IA Local Guide

Cheapest Available Gray Apartments for Rent and Nearby

 

The cheapest available apartment rental in Gray, IA is a 2 Beds unit found at Valley Railroad Apartments priced from $595. Woodland Park - Manson has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Gray apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Railroad Apartments2 bedroom2BR,1BA$595
Woodland Park - Manson1 BR1BR,1BA$600
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$825
Brick Towne at Prairie CrossingStudioStudio,1BA$825
Windfield West1 Bedroom1BR,1BA$830
Country Court Apartments2BNCabcrn2BR,1BA$835
Boone Park Apartments2BR Upper2BR,1BA$835
Seneca Place Apartments2 Bedroom2BR,1BA$850
Sherwood Forest Apartments1 bd x 1 bth- small1BR,1BA$910
William Pointe by KadingVilla3BR,1BA$920

Best Value Apartments for Rent in Gray, IA and Nearby

As of March 15, 2025 the best value apartment in the Gray area is the $1.20 price per square foot Alton Model at Stratford Crossing Flats Townhomes in the in the Glynn Village neighborhood starting from $1,975. The second greatest value Gray apartment is the 3 Bed 2.5 Bath Townhome Model at Providence Lane Townhomes starting at $1,640 with a $1.14 price per square foot . Here is today’s list of the best values for Gray apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stratford Crossing Flats TownhomesAlton3BR,2.5BA$1.20
Providence Lane Townhomes3 Bed 2.5 Bath Townhome3BR,2.5BA$1.14
William Pointe by KadingVilla3BR,1BA$0.91
Twin Eagles by KadingVilla3BR,1BA$1.14
Sunrise MeadowsB1 - Montego Bay2BR,2BA$1.10
Cedar PointeVilla3BR,1BA$1.04
Valley Railroad Apartments2 bedroom2BR,1BA$0.62
SUNDANCE BOONE APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.00
Seneca Place Apartments2 Bedroom2BR,1BA$1.09
Boone Park Apartments2BR Upper2BR,1BA$1.16

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 Gray, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Gray, IA

View MapGray, IA Apartments MapView MapGray, IA Rental Homes Map

Getting Around Gray, IA

Walk Score®

6 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Gray Apartments

What is the Cheapest Studio apartment in Gray?

Currently the most affordable Cheap Studio Apartment in Gray is at Brick Towne at Prairie Crossing listed at $825.

How much is rent for a Cheap One Bedroom Gray Apartment?

The lowest price for a Cheap One Bedroom Gray Apartment is $600 at Woodland Park - Manson.

What is the lowest price for a Cheap Two Bedroom Gray Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Gray is starting from $595 at Valley Railroad Apartments.

What is the most affordable Gray Three Bedroom Apartment?

The best deal on a cheap Gray Three Bedroom Apartment rental is at William Pointe by Kading and starts from $920.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.