1 Bedroom Apartments for Rent in Spencer, IN (45 Rentals)

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408 W Market St
1 Bedroom Apartments

408 W Market St

408 W Market StSpencer, IN 47460

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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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Sunflower Place
1 Bedroom Apartments

Sunflower Place

1015 N College AveBloomington, IN 47404
  • Utilities Included
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Sullivan Building
1 Bedroom Apartments

Sullivan Building

115 N Washington StBloomington, IN 47404
Student Housing
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Beacon Hill
1 Bedroom Apartments

Beacon Hill

1660 W Bloomfield RdBloomington, IN 47403
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Spencer, IN Local Guide

Largest Available Spencer and Nearby 1 Bedroom Apartments

The largest available 1 Bedroom apartment unit in Spencer, IN is found at The League Bloomington in the Downtown Bloomington IN neighborhood and is 1,545 square feet priced from $999. Westgate on Third has the second largest 1 Bedroom, which is sized at 1,070 square feet and currently listed start at $1,603. Here is today’s list of the largest available 1 Bedroom units in Spencer:

Apartment ListingModel NameSquare FootagePriced From
The League Bloomington1 Bedroom1,545 Sq Ft$999
Westgate on ThirdThe Higgins1,070 Sq Ft$1,603
Big Red Apartments1 Bedroom SPRING LEASE#985 Sq Ft$1,200
LoftonLofton - Individual Lease/ Roommate Matching - ...950 Sq Ft$749
Woods at Latimer (1 bed/1 bath community)Hawthorn with Garage924 Sq Ft$1,425
Summit PointeThe Evergreen758 Sq Ft$950
Woodland Springs1 Bedroom740 Sq Ft$825
Hayden FlatsElm704 Sq Ft$1,469
The BleachersSingle700 Sq Ft$1,150
Waters Edge Apartments Bloomington1 BED D683 Sq Ft$1,710

Cheapest Available Spencer and Nearby 1 Bedroom Apartments

As of January 13, 2026 the lowest priced 1 Bedroom apartment unit in Spencer, IN is the Lofton - Individual Lease/ Roommate Matching - ... Model starting from $749 at Lofton in the Downtown Bloomington IN neighborhood. The second most affordable Spencer 1 Bedroom is the 1BR/1.0BA Model at Canadian Apartments starting at $750 . The average price for all 1 Bedroom apartments in Spencer is currently $1,409. Here is today’s list of the cheapest available 1 Bedroom options in Spencer:

Apartment ListingModel NamePriced From
LoftonLofton - Individual Lease/ Roommate Matching - ...$749
Canadian Apartments1BR/1.0BA$750
Woodland Springs1 Bedroom$825
Northcrest1 Bedroom$860
Union at Crescent1 Bed 1 Bath$866
Acadia CourtOne Bed One Bath$895
College Square ApartmentsThe Walnut$915
Summit PointeWoodland$950
Westgate on ThirdThe Kline (Workforce Housing)$957
Basswood Apartments1 Bedroom 1 Bathroom$1,050

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.

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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.

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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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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.

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Spencer, IN

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Remember the 3 Rules of Real Estate:
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Frequently Asked Questions about 1 Bedroom Spencer Apartments

What is the Cheapest apartment in Spencer with 1 Bedroom?

Currently the most affordable 1 Bedroom in Spencer is at Lofton listed at $749.

How much is the average rent for a 1 Bedroom Spencer Apartment?

The average rent for a 1 Bedroom Apartment in Spencer is $1,409.

What is the largest available 1 Bedroom Spencer Apartment for rent?

Today's apartment with the most square footage in Spencer is a 1,545 square feet unit starting from $999 at The League Bloomington.

What is the average size for Spencer 1 Bedroom Apartments for rent?

The average size for a 1 Bedroom rental in Spencer is currently 525 sq ft.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!