4

Gray, TN Houses for Rent

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  • /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
  • /25

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    44 Sutter Place, Gray, TN 37615

    Single Level Condo for rent in the Gray area! This 2 bedroom , 1 bath condo has a private patio, plenty of storage, and washer/dryer hookups. Kitchen appliances include a garbage disposal, ceiling fans in each room and a 1 car garage. Rent is $1,500 per month and requires a $1,500 Security Deposit.Monthly rent includes water, trash, lawn, and quarterly pest treatment.A $50

    44 Sutter Place, Gray, TN 37615
  • /25

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • House for Rent

    40 Sutter Place, Gray, TN 37615

    One level 2 bedroom, 1 bath condo for rent in the Gray area. Condo has a 1 car garage, vaulted ceilings, washer/dryer hookups, and a private back patio. Located in a quiet community right between Johnson City and Kingsport with easy interstate access. School Districts: Ridgefield Elem and Daniel Boone HSRent is $1,500 per month with a $1,500 Security Deposit. A $50 Non-Refundable

    40 Sutter Place, Gray, TN 37615
  • /34

    $3,900 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,550 Sq Ft
    • House for Rent

    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

Frequently Asked Questions

How much does it cost to rent a single-family home in Gray, TN?
The median rent for a single-family home in Gray, TN is $3,195 per month, though prices vary by neighborhood, size, and property type. As of September 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
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 $107,800 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 $2,695 per month in Gray, TN, renters typically need to show $8,085 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 12.8, 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.

Rental Home Trends

Number of Houses for Rent
4
Median Single Family Home Rent
$3,195
Median 3 Bedroom Single Family Home Rent
$3,195
How to Rent a Home