Average Rent in Gray, TN and Rent Price Trends

Rent trends in Gray, TN

Average rent prices in Gray have increased by 6% over the last month and have decreased by 14% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Gray, TN

Rent prices in Gray vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Gray is $1,432, whereas a house costs $1,850. 1-bedroom apartments in Gray run $950 on average, while 2-bedroom apartments are $1,200.


Studio	$1,600	1%	-
1 bedroom	$1,009	1%	5%
2 bedroom	$1,372	2%	18%
3 bedroom	$2,000	13%	11%
4 bedroom	$2,400	No Change	-


Apartments	$1,432	16%	No Change
Condos	$1,500	2%	No Change
Houses	$1,850	12%	No Change

Studio

Average rent

$1,600

Last 30 days

1 bedroom

Average rent

$1,009

Last 30 days

Last year

2 bedroom

Average rent

$1,372

Last 30 days

Last year

18%

3 bedroom

Average rent

$2,000

Last 30 days

13%

Last year

11%

4 bedroom

Average rent

$2,400

The table above reflects average rent prices in Gray, TN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Gray, TN compare to other cities?

Compare median rent prices in Gray and Black Mountain by all bedroom counts and property types.

Gray

Median rent price$1,500

23%

lower than the national median

Median rent price$2,200

13%

higher than the national median

Takeaway

The median rent for all rentals in Gray, TN is 32% lower than the median rent in Black Mountain, NC.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,200

$1,500

$1,395

$1,350

$1,350

$1,047

$1,410

$1,700

$1,800

$1,556

$1,150

$1,995

Discover rentals in Gray, TN

342 Old Gray Station Rd #B - Photo 1 of 1

5d+ ago

Apartment for rent in Gray

Charming 2 Bed Townhome in Gray, TN - Available Now

342 Old Gray Station Rd #B, Gray, TN 37615

2 beds

1 bath

$1,200

Apartment for rent

Available Apr 27

4d ago

Condo for rent in Gray

3 bedroom + loft & 2.5 baths in gated community

30 Hiddenbrook Ln, Gray, TN 37615

3 beds

2.5 baths

$1,700

Condo for rent

Available Mar 25

New construction

5d+ ago

House for rent in Gray

SINGLE_FAMILY - Cottage, Ranch, Shotgun - Gray, TN

2208 Oak St, Gray, TN 37615

3 beds

2 baths

$1,850

House for rent

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Gray, TN

Quick answers to common questions about the Gray rental market.

How much is rent in Gray?

The average rent in Gray is $1,500 per month as of May 23, 2026.

Is rent up or down in Gray?

Average rent prices in Gray have increased by 6% over the last month and have decreased by 14% since last year.

How does Gray rent compare to the national average?

Rent in Gray is 23% below the national average, which means renters are paying approximately $450 less per month.

What salary do I need to afford rent in Gray?

To comfortably afford rent in Gray, you'd need to earn approximately $60,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Gray?

Gray offers pet-friendly options with 31% of available apartments welcoming pets. With an average of 16 listings available monthly, renters can expect to find approximately 5 pet-friendly apartments in the market at any given time.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).