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Cheap Apartments for Rent in Spencer, IA from $300 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.
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904 E Milwaukee Ave
Storm LakeIA50588
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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.
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$580Studio to 3 Bedroom Apartments Available Dec 21
Phillips Luxury Apartments
1015 5th Ave NFort Dodge, IA 50501
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414 N 9th St
Fort DodgeIA50501
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$650
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$650
Total Monthly Price
$650
808 Hills Ave, Unit 1
808 Hills AveJackson, MN 56143
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$650
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$650
Total Monthly Price
$650
551 Lakeview Rd, Unit 1
551 Lakeview RdHeron Lake, MN 56137
551 Lakeview Rd
Heron LakeMN56137
812 Hills Ave
JacksonMN56143
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Rent Specials
$685 - $1,3601 to 3 Bedroom Apartments Available Now
Deer Creek Apartments
321 N 5th StEstherville, IA 51334
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Rent Specials
$695 - $1,825Studio to 4 Bedroom Apartments Available Now
Tallgrass Village Apartments & Townhomes
4150 Sunner AveSpirit Lake, IA 51360
1757 4th Ave
WindomMN56101
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2107 Nobles St
WorthingtonMN56187
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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412 18th St
Spirit LakeIA51360
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The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Showing Results 1-35, Page 1 of 1
Spencer, IA Local Guide
How much does it cost to rent an apartment in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer Studio Apartments | $831 | $580 | $985 |
| Spencer 1 Bedroom Apartments | $801 | $377 | $1,100 |
| Spencer 2 Bedroom Apartments | $1,261 | $701 | $3,197 |
| Spencer 3 Bedroom Apartments | $1,512 | $1,330 | $3,638 |
| Spencer 4 Bedroom Apartments | $1,111 | $975 | $1,825 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Spencer
See all Apartments in SpencerExplore Spencer
Spencer, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Spencer Apartments for Rent and Nearby
The cheapest available apartment rental in Spencer, IA is a 2 Beds unit found at Rolfe 20-Unit priced from $500. Deer Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $685. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $500 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $685 |
| Tallgrass Village Apartments & Townhomes | Studio Apartment | Studio,1BA | $695 |
| Woodland Park - Holstein | 1 BR | 1BR,1BA | $700 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $701 |
| Windcrest Village Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $715 |
Best Value Apartments for Rent in Spencer, IA and Nearby
As of October 27, 2025 the best value apartment in the Spencer area is the $0.84 price per square foot 2 Bedroom - Upper Level Model at Windom Landing in the starting from $975. The second greatest value Spencer apartment is the 2 Bedroom 1 Bathroom Apartment Model at Deer Creek Apartments starting at $1,065 with a $1.17 price per square foot . Here is today’s list of the best values for Spencer apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 2 Bedroom - Upper Level | 2BR,2BA | $0.84 |
| Deer Creek Apartments | 2 Bedroom 1 Bathroom Apartment | 2BR,1BA | $1.17 |
| 301 Buena Vista Street, Unit 4 | 301 Buena Vista Street | 2BR,1BA | $1.03 |
| Seneca Place Apartments | 2 Bedroom | 2BR,1BA | $1.12 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 808 Hills Ave, Unit 1 | 808 Hills Ave | 1BR,1BA | $1.00 |
| 551 Lakeview Rd, Unit 1 | 551 Lakeview Rd | 1BR,1BA | $1.00 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
| 214 S 21st St, Unit 1 | 214 S 21st St | 1BR,1BA | $0.99 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Best Local Schools in Spencer, IA
Lincoln Elementary School
Spencer Community School District
Public School - Grades 3-5 (467)
5 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, IA Rentals by Map
See the most popular apartments and homes in Spencer, IA
Getting Around Spencer, IA
Walk Score®
44 / 100
Car-Dependent
Most errands require a car
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $685 at Deer Creek Apartments.
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 $1,330.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
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.
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.