
Cheap Homes for Rent in Gray, IA from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Gray.


111 W Washington Ave

528 Pleasant St

415 S Oswego St

521 W High St

521.5 Crawford St

1110 1st St

204 N 8th St

127 Greene St

414 4th St
Gray, IA Local Guide

How much does it cost to rent a home in Gray?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Gray 2 Bedroom Homes for Rent | $1,032 | $750 | $1,575 |
Gray 3 Bedroom Homes for Rent | $1,603 | $800 | $2,650 |
Gray 4 Bedroom Homes for Rent | $2,308 | $1,500 | $2,850 |
Browse Top Homes for Rent in Gray
Explore Gray
Gray, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Gray, IA
Pricing Updated: 03/20/2025Current apartment rentals in the Gray, IA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Gray Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Valley Railroad Apartments | 2 bedroom | 2BR,1BA | $595 |
Woodland Park - Manson | 1 BR | 1BR,1BA | $600 |
SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $825 |
Best Value Apartments for Rent in Gray, IA and Nearby
As of March 20, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Stratford Crossing Flats Townhomes | Alton | 3BR,2.5BA | $1.20 |
Providence Lane Townhomes | 3 Bed 2.5 Bath Townhome | 3BR,2.5BA | $1.14 |
Sunrise Meadows | B2 - Barbados | 2BR,2BA | $1.14 |
William Pointe by Kading | Villa | 3BR,1BA | $0.91 |
Twin Eagles by Kading | Villa | 3BR,1BA | $1.14 |
Cedar Pointe | Villa | 3BR,1BA | $1.04 |
Valley Railroad Apartments | 2 bedroom | 2BR,1BA | $0.62 |
SUNDANCE BOONE APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.00 |
Seneca Place Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
Boone Park Apartments | 2BR Upper | 2BR,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.
Frequently Asked Questions about Gray
What type of rentals are currently available in Gray?
There are currently 41 Apartments for Rent in Gray, IA with pricing that ranges from $600 to $3,514. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gray ranging from $425 to $2,850.
What is the current price range for Rental Homes in Gray?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Gray ranges from $425 to $2,850 with an average monthly rent of $1,342.
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.

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.

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.

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.

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.