
Cheap Homes for Rent in East Spencer, NC from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in East Spencer.


115 Cedar Dr

117 Cedar Dr

152 Songbird Ln

902 Bringle Ferry Rd

107 S Walnut Gq St
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.

1417 W Bank St

606 S Ellis St

821 E Lafayette St

328 W Liberty St

357 Peach Orchard Rd

919 N Church St
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.

1320 Kenly St
East Spencer, NC Local Guide

How much does it cost to rent a home in East Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Spencer 2 Bedroom Homes for Rent | $1,233 | $1,100 | $1,350 |
| East Spencer 3 Bedroom Homes for Rent | $1,575 | $1,100 | $2,400 |
| East Spencer 4 Bedroom Homes for Rent | $1,672 | $1,595 | $1,750 |
Browse Top Homes for Rent in East Spencer
Explore East Spencer
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 $777. 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 | $777 |
| North Point and Hallmark Apartments | TOWNHOME (HALLMARK) | 2BR,1BA | $820 |
| 306 N Jackson Street | 1BR/1.0BA | 1BR,1BA | $900 |
| Lexington Park Apartments | Cozy One Bedroom Apartment Home | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Grand on Julian | The Salisbury - w/ Sunroom | 2BR,2BA | $1.20 |
| The Bridges Of Cabarrus | 2 months free * advertised rent includes conces... | 2BR,2BA | $1.21 |
| Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.34 |
| North Point and Hallmark Apartments | TOWNHOME (NORTH POINT) | 2BR,1.5BA | $0.95 |
| 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 | $1.28 |
| Alexander Station Apartment Homes | Two Bedroom 2 Bath-Alexander Station 900 sqft | 2BR,2BA | $1.33 |
| 306 N Jackson Street | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Nu Salisbury South | One Bedroom One Bath | 1BR,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.
Read ArticleReal 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.
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!
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See the most popular apartments and homes in East Spencer, NC
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

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.

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.