Cheap Apartments for Rent in the Fernwood Neighborhood of Spartanburg, SC from $500 (21 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fernwood area of Spartanburg.

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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.

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Woodside Apartments
$1,045 - $1,300
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$1,045 - $1,300

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$1,045 - $1,300
1 to 3 Bedroom Apartments Available Now

Woodside Apartments

1631 Fernwood Glendale RdSpartanburg, SC 29307
Corporate Housing
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SHA7
1 to 3 Bedroom Apartments

SHA7

154 George Washington Carver DrSpartanburg, SC 29306

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Trailside on Main
1 to 3 Bedroom Apartments

Trailside on Main

1000 E Main StSpartanburg, SC 29307

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Fernwood, Spartanburg, SC Local Guide

Cheapest Available Fernwood Apartments for Rent

 

The cheapest available apartment rental in the Fernwood area of Spartanburg, SC is a 1 Bed unit found at Prosper Spartanburg priced from $715. Creekside Retreat Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Fernwood apartments for rent in Spartanburg, SC:

Apartment ListingModel NameBed/BathPriced From
Prosper SpartanburgA11BR,1BA$715
Creekside Retreat Townhomes1BR/1.0BA1BR,1BA$800
Reserve at Hillcrest1 Bedroom | 1 Bathroom1BR,1BA$899
Aventine at Skylyn ApartmentsOne Bedroom One Bath1BR,1BA$933
The Spruce2 Bed 1 Bath - Gold2BR,1BA$949

Best Value Apartments for Rent in Fernwood, SC

As of April 27, 2026 the best value apartment in the Fernwood area is the $1.26 price per square foot 3 Bed, 2.5 Bath - Oakwood End Unit Model at Townes at Converse in the in the Forest Park neighborhood starting from $1,995. The second greatest value Fernwood apartment is the 3BR/2.0BA Model at Creekside Retreat Townhomes starting at $1,495 with a $1.41 price per square foot in the Downtown Spartanburg neighborhood. Here is today’s list of the best values for Fernwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Townes at Converse3 Bed, 2.5 Bath - Oakwood End Unit3BR,2.5BA$1.26
Creekside Retreat Townhomes3BR/2.0BA3BR,2BA$1.41
Woodside Apartments2 Bed 1 BathWoodside Apartments2BR,1BA$1.25
Prosper SpartanburgB12BR,2BA$1.32
Country Club Apartments2 BED 1 BATH2BR,1BA$1.30
DRAYTON MILLS LOFT APARTMENTSW11G1BR,1BA$1.71
Riverwind Apartment HomesOne Bedroom- 702 sqft1BR,1BA$1.88
Reserve at Hillcrest1 Bedroom | 1 Bathroom1BR,1BA$1.29
The Spruce1 Bed 1 Bath - Diamond1BR,1BA$1.42
Schoolhouse LoftsWright1BR,1BA$1.89

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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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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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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Spartanburg, SC. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Fernwood Apartments

What is the price of a cheap apartment in Fernwood?

The cheapest apartment in Fernwood is Prosper Spartanburg which is listed at $715, while the average apartment in Fernwood costs $1,424.

What types of apartments are the cheapest in Fernwood?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 18 regular apartments in Fernwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Fernwood?

Cheap apartments in Fernwood have an average cost of $398 which is $1,026 cheaper than the average rent for all rentals in Fernwood.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.