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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

    (423) 482-8630

    135 Old Gray Station Rd, Johnson City, TN 37615
  • /32

    Starting at $1,940 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

    (423) 607-8264

    311 Petie Way, 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

    (484) 766-6279

    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

    (423) 406-6481

    6319 Kingsport Hwy, Gray, TN 37615
  • /9

    $1,300 Per Month

    • 2 Beds
    • 1.5 Baths
    • Townhouse for Rent

    338 Old Gray Station Rd, Gray, TN 37615

    Property Id: 1393643HUGE 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

    (865) 348-3138

    338 Old Gray Station Rd, Gray, TN 37615
  • /19

    $1,700 Per Month

    • 3 Beds
    • 2 Baths
    • 1,630 Sq Ft
    • 3 bedroom + loft & 2.5 baths in gated community

    30 Hiddenbrooke Ln, Gray, TN 37615

    Listing solely provided by Ebony Johnson, property manager and agent at Keller Williams Realty. Anyone else listing or claiming to be my assistant is a Scam.Beautiful and quiet 3 bedroom + Loft & 2.5 Bath Condo located in gated Bridgewater Subdivision. Primary bedroom, full bath, 1/2 bath and laundry room on main level. Upstairs you have loft area with a bedroom on each side with 1

    30 Hiddenbrooke Ln, Gray, TN 37615
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    $1,500 Per Month

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

    53 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 Non-Refundable

    53 Sutter Place, 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 $1,700 per month, though prices vary by neighborhood, size, and property type. As of June 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 $68,000 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 $1,700 per month in Gray, TN, renters typically need to show $5,100 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 21.4, 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 Downtown Kingsport, Cherokee, Lynn Garden, Spurgeon and Gump Addition-Carnegie, each with its own character and price range.

Rental Trends in Gray, TN

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$1,700
Median Single Family Home Rent
$2,723
Median Condo Rent
$1,700
How to Rent a Home