Cheap Homes for Rent in East Spencer, NC from $800 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in East Spencer.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

property at 821 E Lafayette St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

821 E Lafayette St

SalisburyNC28144

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

East Spencer, NC Local Guide

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 $777. Here is today’s list of the most affordable East Spencer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
27 Hege Drive1/11BR,1BA$745
Lakewood I and II Apartment HomesStudioStudio,1BA$777
North Point and Hallmark ApartmentsTOWNHOME (HALLMARK)2BR,1BA$820
306 N Jackson Street1BR/1.0BA1BR,1BA$900
Lexington Park ApartmentsCozy One Bedroom Apartment Home1BR,1BA$920

Best Value Apartments for Rent in East Spencer, NC and Nearby

As of May 23, 2026 the best value apartment in the East Spencer area is the $1.20 price per square foot The Salisbury - w/ Sunroom Model at The Grand on Julian in the in the Davidson neighborhood starting from $1,625. The second greatest value East Spencer apartment is the 2 months free * advertised rent includes conces... Model at The Bridges Of Cabarrus starting at $1,556 with a $1.21 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Grand on JulianThe Salisbury - w/ Sunroom2BR,2BA$1.20
The Bridges Of Cabarrus2 months free * advertised rent includes conces...2BR,2BA$1.21
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.34
North Point and Hallmark ApartmentsTOWNHOME (NORTH POINT)2BR,1.5BA$0.95
Laurel Pointe2A2BR,2BA$1.03
Oak Ridge Duplexes2BR/1.5BA2BR,1.5BA$1.31
Beautiful Chesney Woods Townhomes2BR/1.5BA2BR,1.5BA$1.28
Alexander Station Apartment HomesTwo Bedroom 2 Bath-Alexander Station 900 sqft2BR,2BA$1.33
306 N Jackson Street2BR/1.0BA2BR,1BA$1.31
Nu Salisbury SouthOne Bedroom One Bath1BR,1BA$1.24

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about East Spencer

What type of rentals are currently available in East Spencer?

There are currently 68 Apartments for Rent in East Spencer, NC with pricing that ranges from $777 to $2,995. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Spencer ranging from $800 to $2,400.

What is the current price range for Rental Homes in East Spencer?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Spencer ranges from $800 to $2,400 with an average monthly rent of $1,378.

How much are larger Three and Four Bedroom Rentals in East Spencer?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Spencer range from $1,066 to $1,937, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,330.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.