
Cheap Homes for Rent in Spencer, IA from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


414 Ave G
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.

521 W High St
The 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.
Spencer, IA Local Guide

How much does it cost to rent a home in Spencer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spencer 2 Bedroom Homes for Rent | $986 | $695 | $1,200 |
Spencer 3 Bedroom Homes for Rent | $1,287 | $800 | $1,850 |
Spencer 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Spencer
Explore Spencer
Spencer, IA Local Guide
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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. Woodland Park - Manson has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. 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 |
Woodland Park - Manson | 1 BR | 1BR,1BA | $600 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $700 |
Best Value Apartments for Rent in Spencer, IA and Nearby
As of August 07, 2025 the best value apartment in the Spencer area is the $0.67 price per square foot Three Bedroom Model at River Bluff Townhomes in the starting from $950. The second greatest value Spencer apartment is the Three Bedroom Model at Eagle Ridge Townhomes starting at $1,015 with a $0.75 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. |
---|---|---|---|
River Bluff Townhomes | Three Bedroom | 3BR,1.5BA | $0.67 |
Eagle Ridge Townhomes | Three Bedroom | 3BR,1.5BA | $0.75 |
Lakeside Apartments | E - 3 Bedroom | 3BR,2BA | $1.14 |
Windom Landing | 2 Bedroom - Upper Level | 2BR,2BA | $0.84 |
2nd Avenue Rowhomes | Discover Modern Living at Fort Dodge's Newest R... | 2BR,1.5BA | $1.20 |
2713 Adams Ave, Unit B | 2713 Adams Ave | 2BR,1.5BA | $1.19 |
Deer Creek Apartments | 2 Bed 1 Bath Apartment | 2BR,1BA | $1.23 |
Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
Woodland Park - Manson | 1 BR | 1BR,1BA | $1.20 |
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Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 64 Apartments for Rent in Spencer, IA with pricing that ranges from $595 to $1,850. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $650 to $4,500.
What is the current price range for Rental Homes in Spencer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spencer ranges from $650 to $4,500 with an average monthly rent of $1,394.
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.

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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.