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Newest Homes for Rent in Gray, TN

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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
  • /32

    Starting at $2,035 Per Month

    • 3 - 4 Beds

    311 Petie Way, Gray, TN 37615

    Located near I-26, this community of townhomes gives you quick access to downtown Johnson City and its exciting mix of restaurants, breweries and shopping centers. Indulge in retail therapy at boutique shops, check out products from local artisans or find unique gems at the many thrift and antique stores in the area. From live music at Capone's to exciting events at Founders Park, there's always

    Martin Square

    311 Petie Way, Gray, TN 37615
  • /20

    $1,550 Per Month

    • 2 Beds
    • 1 Bath
    • 954 Sq Ft
    • Suncrest Village 2BR/1 Bath One Level with Attached Garage

    2341 Suncrest Village Ln, Gray, TN 37615

    Suncrest Village offers something most apartment communities can’t: true one-level living with your own attached private garage.No stairs.No upstairs neighbors.No one living below you.These thoughtfully designed homes provide the comfort and privacy of a small home while still offering the convenience of apartment living.Each residence features a private entry and

    2341 Suncrest Village Ln, 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
  • /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
  • /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
  • /12

    $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

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 $3,900 per month, though prices vary by neighborhood, size, and property type. As of July 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 $156,000 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 $3,900 per month in Gray, TN, renters typically need to show $11,700 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 9.2, 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
$3,900
Median Single Family Home Rent
$3,195
How to Rent a Home