Cheap Apartments for Rent in Spencer, IA from $300 (32 Rentals)

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

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UDMO Apartments
1 to 2 Bedroom Apartments

UDMO Apartments

1302-1350 S Grand Plaza DrSpencer, IA 51301
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Dodecagon Plaza
1 to 2 Bedroom Apartments

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
  • Utilities Included
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CHI Spencer
2 to 4 Bedroom Apartments

CHI Spencer

502-602 8th StSpencer, IA 51301
  • Utilities Included
property at 414 N 9th St

414 N 9th St

Fort DodgeIA50501
property at 551 Lakeview Rd

551 Lakeview Rd

Heron LakeMN56137
property at 812 Hills Ave

812 Hills Ave

JacksonMN56143
property at 1757 4th Ave

1757 4th Ave

WindomMN56101
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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
  • Utilities Included
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Rolfe 20-Unit
1 to 2 Bedroom Apartments

Rolfe 20-Unit

1106-1108 Elm StRolfe, IA 50581
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
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Tanglewood Estates
1 to 2 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
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Heartland Senior Housing
1 to 2 Bedroom Apartments

Heartland Senior Housing

610 Central AveFort Dodge, IA 50501
Senior Living
  • Utilities Included
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919 N 29th St
1 Bedroom Apartments

919 N 29th St

919 N 29th StFort Dodge, IA 50501
  • Utilities Included
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109 E Luverne St
Studio to 3 Bedroom Apartments

109 E Luverne St

109 E Luverne StLuverne, MN 56156
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Fonda Apartments
1 to 2 Bedroom Apartments

Fonda Apartments

304 Fairburn StFonda, IA 50540
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Woodland Park - Holstein
1 Bedroom Apartments

Woodland Park - Holstein

400 Minnesota StHolstein, IA 51025
Senior Living
  • Utilities Included

Spencer, IA Local Guide

Cheapest Available Spencer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencer, IA is a 1 Bed unit found at Rolfe 20-Unit priced from $400. Burt 18-Unit (Countryside Properties) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $450. Here is today’s list of the most affordable Spencer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolfe 20-Unit1 Bedroom1BR,1BA$400
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$450
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Deer Creek Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$765
Lewis Hotel Apartments1 BR1BR,1BA$850
Seneca Place Apartments2 Bedroom2BR,1BA$875
Cypress Pointe Apartments2 Bedroom2BR,1BA$906

Best Value Apartments for Rent in Spencer, IA and Nearby

As of September 09, 2025 the best value apartment in the Spencer area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Spencer apartment is the F - 3 Bed Lakeview Model at Lakeside Apartments starting at $1,479 with a $1.18 price per square foot . Here is today’s list of the best values for Spencer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
Lakeside ApartmentsF - 3 Bed Lakeview3BR,2BA$1.18
2nd Avenue RowhomesDiscover Modern Living at Fort Dodge's Newest R...2BR,1.5BA$1.20
522 Central Ave, Unit 7522 Central Ave1BR,1BA$0.94
301 Buena Vista Street, Unit 4301 Buena Vista Street2BR,1BA$1.03
Seneca Place Apartments2 Bedroom2BR,1BA$1.12
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.26
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$1.23
Rolfe 20-Unit2 Bedroom2BR,1BA$0.82

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

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Getting Around Spencer, IA

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Spencer Apartments

How much is rent for a Cheap One Bedroom Spencer Apartment?

The lowest price for a Cheap One Bedroom Spencer Apartment is $400 at Rolfe 20-Unit.

What is the lowest price for a Cheap Two Bedroom Spencer Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Spencer is starting from $500 at Rolfe 20-Unit.

What is the most affordable Spencer Three Bedroom Apartment?

The best deal on a cheap Spencer Three Bedroom Apartment rental is at Deer Creek Apartments and starts from $1,340.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.