156 Elm St
Rockwell CityIA50579
Cheap Homes for Rent near Spencer, IA from $560 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
700 Central Ave
Fort DodgeIA50501
334 Center St
BarnumIA50518
1109 Central Ave
Fort DodgeIA50501
510 4th Ave N
EdgertonMN56128
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
721 Westridge Rd
Fort DodgeIA50501
1425 4th Ave N
Fort DodgeIA50501
303 N Ash St
MarcusIA51035
810 E 2nd St
Blue EarthMN56013
312 1st Ave SW
WinnebagoMN56098
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
270 US-59
FuldaMN56131
1801 19th St
EmmetsburgIA50536
1011 Pleasant St
BoydenIA51234
601 W 2ND ST, Unit A
601 W 2ND ST
AltaIA51002
509 West 1st Street, Unit 1
509 West 1st Street
AltaIA51002
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
1204 Hill Ave
Spirit LakeIA51360
Showing Results 1-16, Page 1 of 1
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 | $1,083 | $775 | $2,200 |
| Spencer 3 Bedroom Homes for Rent | $1,306 | $825 | $1,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Spencer
Explore Spencer
Spencer, IA Local Guide
- Nearby Cities
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Cheapest Available Spencer Apartments for Rent and Nearby
The cheapest available apartment rental in Spencer, IA is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $425. Rolfe 20-Unit has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $425 |
| Rolfe 20-Unit | 1 Bedroom | 1BR,1BA | $495 |
| 501 W 1st St S | 2 BED/1 BATH | 2BR,1BA | $600 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $701 |
Best Value Apartments for Rent in Spencer, IA and Nearby
As of August 25, 2026 the best value apartment in the Spencer area is the $0.90 price per square foot 3Br2Ba Model at Phillips Luxury Apartments in the starting from $1,860. The second greatest value Spencer apartment is the 3 Bed 2 Bath Townhome Model at Tallgrass Village starting at $1,635 with a $1.13 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. |
|---|---|---|---|
| Phillips Luxury Apartments | 3Br2Ba | 3BR,2BA | $0.90 |
| Tallgrass Village | 3 Bed 2 Bath Townhome | 3BR,2BA | $1.13 |
| Windom Landing | 2bed/2bath | 2BR,2BA | $0.84 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| Fair View by Kading | Cottage - 2 | 2BR,1BA | $1.00 |
| Nobles Square Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR,1BA | $0.84 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.97 |
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 Article
Real 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.
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Best Local Schools in Spencer, IA
Lincoln Elementary School
Spencer Community School District
Public School - Grades K-5 (415)
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
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 69 Apartments for Rent in Spencer, IA with pricing that ranges from $600 to $1,860. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $560 to $2,200.
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 $560 to $2,200 with an average monthly rent of $1,096.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.