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Gray, TN Homes for Rent

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  • /48

    Starting at $1,209 Per Month

    • 1 - 3 Beds

    135 Old Gray Station Rd, Johnson City, TN 37615

    Welcome to Universal at Gray Station and the charming town of Gray, Tennessee, where tranquility meets modern living. Whether you're a young professional, a growing family, or someone looking to settle in a friendly neighborhood, our leasing options cater to your unique lifestyle with 1, 2 and 3-bedroom apartment and townhomes.We believe better living should be accessible for everyone,

    Universal at Gray Station

    135 Old Gray Station Rd, Johnson City, TN 37615
  • /7

    Starting at $1,050 Per Month

    • 1 Bed

    6125 Kingsport Hwy, Johnson City, TN 37615

    Newly renovated - The Villages at Twin Hills is conveniently located off Hwy 36 in the Boones Creek suburbs, minutes away from Johnson City, Kingsport, Boone Lake and Warriors Path State Park. All available units are 1 bedroom/ 1 bath with central air conditioning, tiled kitchen and baths, hardwood/carpeting in living room and bedroom. A modern eat-in kitchen with wood cabinets and modern

    The Village at Twin Hills

    6125 Kingsport Hwy, Johnson City, TN 37615
  • /15

    Starting at $925 Per Month

    • 1 - 3 Beds

    6319 Kingsport Hwy, Gray, TN 37615

    Welcome to Poplar Ridge Apartments — Where Comfort Meets Convenience!Spread across 11 beautiful acres, Poplar Ridge offers spacious 1–3 bedroom apartments and townhomes with over a dozen unique floor plans to choose from. Enjoy modern living with central air, full kitchens, washer/dryer hookups, and high-speed internet access in every home.Our community features on-site management

    Poplar Ridge Apartments

    6319 Kingsport Hwy, Gray, TN 37615
  • /11

    $1,300 Per Month

    • 2 Beds
    • 1.5 Baths
    • Townhouse for Rent

    338 Old Gray Station Rd, Gray, TN 37615

    Property Id: 1393643 HUGE 2 BR apartment with attached garage only $1300 per month! Welcome home! Enjoy the exceptionally large living room, oversized bedrooms, and open layout that provides room to truly spread out and enjoy your home. Whether you are working from home, have a family, need extra storage, or simply want more living space, this apartment offers of the ample square

    338 Old Gray Station Rd, Gray, TN 37615
  • /31

    $2,695 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,817 Sq Ft
    • House for Rent

    77 Scout Branch, Gray, TN 37615

    Beautiful two-story home offering over 1,800 finished square feet with 3 bedrooms, 2.5 bathrooms, and two spacious living areas! The open-concept main level features durable luxury vinyl plank flooring throughout and is designed for comfortable everyday living and effortless entertaining. The oversized living room flows seamlessly into the kitchen and provides direct access to the covered back

    MEGHAN MASTERS Property Executives Johnson City

    77 Scout Branch, Gray, TN 37615
  • /34

    $3,900 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,550 Sq Ft
    • GORGEOUS LAKE HOUSE! 3 Bedrooms/3.5 Baths on Boone Lake $3,900 monthly

    121 Lake Haven Dr, Gray, TN 37615

    READY TO LIVE THE GOOD LIFE? Welcome to this stunning 3-bedroom, 3.5-bathroom luxury home with high-end finishes, modern amenities and lots of room for family and friends! The primary suite is located on the main floor, with a large en suite bathroom, complete with double vanity, jetted tub, walk-in shower and a spacious walk-in closet. Downstairs is ideal for an office and den, or an additional

    121 Lake Haven Dr, Gray, TN 37615
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    $1,650 Per Month

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • House for Rent

    875 S Pickens Bridge Rd, Gray, TN 37615

    For Rent – 2 Bedroom, 1 Bathroom Home Near Boone Lake – Johnson City, TNEnjoy the convenience of this charming 2-bedroom, 1-bath home in a great Johnson City location, just minutes from Boone Lake, several public docks, and a marina. Whether you enjoy boating, fishing, or simply being close to the water, this home offers easy access while remaining close to shopping, dining, and everyday

    875 S Pickens Bridge Rd, Gray, TN 37615

Why Live in Gray

Gray, Tennessee, is a small community located 11 miles north of Johnson City, offering a relaxed residential atmosphere with large lots and a rural appeal. Residents enjoy quick drives to local businesses and various outdoor activities. Boone Lake Beach, 4 miles northeast, is a popular summer destination, while Watauga Lake, 50 miles east, caters to boating and kayaking enthusiasts. The Gray Fossil Site and Museum, discovered in 2000, showcases fossils dating back 4.9 million years, including rare species like red pandas and rhinoceroses. The community features mid-20th-century ranch-style homes on half-acre lots and newer New Traditional-style homes with less acreage. Shopping and dining options are available along Bobby Hicks Highway, with chain restaurants and local favorites like Yong Asian House. For more extensive shopping and dining, residents often head to downtown Johnson City or The Mall at Johnson City. The Appalachian Fairgrounds host the annual Appalachian Fair and Shadrack’s Christmas Wonderland, attracting visitors from the region. Education is provided by Gray Elementary School and Daniel Boone High School, both holding high ratings and offering various student programs. Interstate 26 and Bobby Hicks Highway provide convenient access to Kingsport, Tri-Cities Airport, and Northeast State at Gray. While the community lacks public transportation, the low crime risk compared to the national average adds to its appeal.

Frequently Asked Questions

How much does it cost to rent a home in Gray, TN?
The median rent for a home in Gray, TN is $3,297 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Gray, TN?
To comfortably afford the median rent in Gray, TN, a household needs to earn roughly $131,880 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,297 per month in Gray, TN, renters typically need to show $9,891 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Gray, TN?
In Gray, TN, the price-to-rent ratio is 10.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Gray, TN are best for renting a home?
The best neighborhood for renting in Gray, TN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Oak Grove, Downtown Kingsport, South Side Johnson City, Cherokee and Lynn Garden, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$3,297
Median Single Family Home Rent
$2,945
How to Rent a Home