
Cheap Apartments for Rent in East Spencer, NC from $600 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in East Spencer.


Lakewood I and II Apartment Homes

306 N Jackson Street

Total Monthly Price
Lexington Park Apartments

North Point and Hallmark Apartments

Alexander Station Apartment Homes

The Retreat at Kannapolis

Fairview Village

The Ridges
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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Northwood Apartment Homes

Kannan Station Apartment Homes

526 E Fisher St, Unit 526

Laurel Pointe

Nu Salisbury South

Lexington Station

30 E 4th St

Forest Village

Reserve at Regents Center
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122 W 12th St

Courtyard on Main

911-921 N Jackson St

East Winds Apartments

Wiley School Apartments

501 E Franklin St

Parkview Apartments

115 Cedar Dr

205 E First Street Apartments
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311 Barbour St

Ashton Woods

805 S Caldwell St

902 Bringle Ferry Rd

152 Songbird Ln

Salisbury Village at Castlewood

516 Flats

2745 Sherrills Ford Rd

1417 W Bank St
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606 S Ellis St
East Spencer, NC Local Guide

How much does it cost to rent an apartment in East Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Spencer Studio Apartments | $1,223 | $817 | $2,290 |
| East Spencer 1 Bedroom Apartments | $1,380 | $825 | $2,100 |
| East Spencer 2 Bedroom Apartments | $1,480 | $925 | $2,995 |
| East Spencer 3 Bedroom Apartments | $1,640 | $1,066 | $1,930 |
| East Spencer 4 Bedroom Apartments | $1,733 | $1,330 | $1,868 |
Browse Top Apartments in East Spencer
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East Spencer, NC Local Guide
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Cheapest Available East Spencer Apartments for Rent and Nearby
 The cheapest available apartment rental in East Spencer, NC is a 1 Bed unit found at 27 Hege Drive in the Davidson neighborhood priced from $745. Lakewood I and II Apartment Homes in the Westwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $817. Here is today’s list of the most affordable East Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 27 Hege Drive | 1/1 | 1BR,1BA | $745 |
| Lakewood I and II Apartment Homes | Studio | Studio,1BA | $817 |
| 306 N Jackson Street | 1BR/1.0BA | 1BR,1BA | $900 |
| Lexington Park Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $920 |
| North Point and Hallmark Apartments | NORTH POINT GARDEN - GROUND LEVEL | 2BR,1BA | $925 |
| Alexander Station Apartment Homes | Studio- Alexander Station | Studio,1BA | $930 |
| Fairview Village | 1 Bedroom Garden | 1BR,1BA | $975 |
| The Ridges | 1 Bedroom | 1BR,1BA | $975 |
| Northwood Apartment Homes | Studio | Studio,1BA | $985 |
| Kannan Station Apartment Homes | Studio | Studio,1BA | $985 |
Best Value Apartments for Rent in East Spencer, NC and Nearby
As of April 28, 2026 the best value apartment in the East Spencer area is the $1.23 price per square foot Reduced rates equal 2 months free for a 12 mont... Model at The Bridges Of Cabarrus in the in the Oak Crest neighborhood starting from $1,413. The second greatest value East Spencer apartment is the 2x2 Deluxe-Call For Availability Model at Crown Point Luxury Apartments at Kingsport starting at $1,525 with a $1.34 price per square foot in the Oak Crest neighborhood. Here is today’s list of the best values for East Spencer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bridges Of Cabarrus | Reduced rates equal 2 months free for a 12 mont... | 2BR,2BA | $1.23 |
| Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.34 |
| Washington Building | 2 Bedroom | 2BR,1BA | $1.20 |
| North Point and Hallmark Apartments | TOWNHOME (NORTH POINT) | 2BR,1.5BA | $0.96 |
| Laurel Pointe | 2A | 2BR,2BA | $1.03 |
| Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.31 |
| Beautiful Chesney Woods Townhomes | 2BR/1.5BA | 2BR,1.5BA | $1.29 |
| Forest Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.27 |
| 306 N Jackson Street | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Nu Salisbury South | One Bedroom One Bath | 1BR,1BA | $1.24 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore East Spencer, NC Rentals by Map
See the most popular apartments and homes in East Spencer, NC
Frequently Asked Questions about Cheap East Spencer Apartments
What is the Cheapest Studio apartment in East Spencer?
Currently the most affordable Cheap Studio Apartment in East Spencer is at Lakewood I and II Apartment Homes listed at $817.
How much is rent for a Cheap One Bedroom East Spencer Apartment?
The lowest price for a Cheap One Bedroom East Spencer Apartment is $745 at 27 Hege Drive.
What is the lowest price for a Cheap Two Bedroom East Spencer Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in East Spencer is starting from $925 at North Point and Hallmark Apartments.
What is the most affordable East Spencer Three Bedroom Apartment?
The best deal on a cheap East Spencer Three Bedroom Apartment rental is at 30 E 4th St and starts from $1,200.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.