117 S Rutledge St
PaullinaIA51046
Cheap Homes for Rent in Spencer, IA from $800 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
214 S 4th Ave E
TrumanMN56088
305 W Wenberg St
DunnellMN56127
2102 Gary Ave
Spirit LakeIA51360
909 5th Ave N
Fort DodgeIA50501
403 Charles St
Fort DodgeIA50501
1113 S 25th St
Fort DodgeIA50501
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.
1425 4th Ave N
Fort DodgeIA50501
820 N Cedar St
LuverneMN56156
509 West 1st Street, Unit Unit 1
509 West 1st Street
AltaIA51002
301 S Prairie St
SherburnMN56171
301 Luverne St.
MagnoliaMN56158
1019 Ave C
Fort DodgeIA50501
close
View Me
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.
520 N Grant St
Blue EarthMN56013
524 N Grant St
Blue EarthMN56013
2600 Poetters Cir
FairmontMN56031
22384 Old Hwy 169
Fort DodgeIA50501
321 9th St
SheldonIA51201
close
View Me
405 Vine St
Albert CityIA50510
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.
11037 E Village Cir
Spirit LakeIA51360
Showing Results 1-22, 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 | $1,093 | $825 | $2,150 |
| Spencer 3 Bedroom Homes for Rent | $1,450 | $850 | $2,500 |
| Spencer 4 Bedroom Homes for Rent | $1,133 | $1,000 | $1,200 |
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
- 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. Meadow Bloom Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $607. 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 |
| Meadow Bloom Apartments | 2 Bedroom | 2BR,1BA | $607 |
| Windcrest Village Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $628 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $655 |
| Woodland Park - Holstein | 1 BR | 1BR,1BA | $700 |
Best Value Apartments for Rent in Spencer, IA and Nearby
As of November 22, 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 3 Bedroom 1 Bathroom Apartment Model at Deer Creek Apartments starting at $1,360 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. |
|---|---|---|---|
| Windom Landing | 4 Bedroom - Lower Level | 4BR,2BA | $0.71 |
| Deer Creek Apartments | 3 Bedroom 1 Bathroom Apartment | 3BR,1BA | $1.13 |
| 301 Buena Vista Street, Unit 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 |
| 819 4th Ave W, Unit 1 | 819 4th Ave W | 1BR,1BA | $1.00 |
| 1511 S Grand Plaza Dr, Unit D | 1511 S Grand Plaza Dr | 2BR,1BA | $1.07 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,1BA | $0.82 |
| 214 S 21st St, Unit 1 | 214 S 21st St | 1BR,1BA | $0.99 |
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
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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Spencer area?
If you’re an expert on all things Spencer, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 70 Apartments for Rent in Spencer, IA with pricing that ranges from $550 to $3,830. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $825 to $2,500.
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 $825 to $2,500 with an average monthly rent of $1,153.
How much are larger Three and Four Bedroom Rentals in Spencer?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Spencer range from $1,206 to $3,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,000 and Four Bedroom Apartments start at $975.
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.