
Apartments for Rent in Spencer, IN Under $1,500 (59 Rentals)


Hayden Flats

Westgate on Third

Adams Village | Specials Available

Woods at Latimer (1 bed/1 bath community)

Station 11 Apartments

MOONBURN ON MORTON

Hidden Hills at Oakdale

The Rive Bloomington

Total Monthly Price
7 Ten
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.

Big Red Apartments

Alleyworks

The League Bloomington

Walnut Springs

Forest Ridge

Echo Park

Aspen Bloomington

Basswood Apartments

Fountain Park Apartments | Specials Available

601 N. Walnut St.
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.

Summit Pointe

The Crossing at Pete Ellis

Meadow Park Apartments | Specials Available

The Uptown Apartments

The Ellis

The Dillon

Total Monthly Price
9 North Apartments

326 W Kenwood Dr

Elevate Apartments

Total Monthly Price
The Park on Morton
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.

Total Monthly Price
The Stratum at Indiana

Woodland Springs

Sunflower Place - Full Unit for Rent

The Annex of Bloomington

Northcrest

Canadian Apartments

Hub Bloomington

The Quarters Bloomington

3 Square

501 N Walnut

KINGSTON RIDGE APARTMENTS

Woodington Management Properties

Lofton

Park North Apartments

Vivo Living

726 W 6th St

1320 S Curry Pike

315 W Depot St

1003 W 11th St

116 E 19th St
Spencer, IN Local Guide

How much does it cost to rent an apartment in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer Studio Apartments | $1,126 | $549 | $1,659 |
| Spencer 1 Bedroom Apartments | $1,412 | $700 | $2,100 |
| Spencer 2 Bedroom Apartments | $1,489 | $849 | $2,628 |
| Spencer 3 Bedroom Apartments | $1,752 | $885 | $3,300 |
| Spencer 4 Bedroom Apartments | $1,343 | $750 | $4,400 |
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Spencer, IN Local Guide
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleCash 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.
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.
Best Local Schools in Spencer, IN
Owen Valley Community High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Spencer, IN
Frequently Asked Questions about Spencer
How much are Studio apartments in Spencer?
There are currently 19 Studio Apartments in Spencer with rent ranges from $549 to $1,659 with an average price of $1,126.
What is the current price range for One Bedroom Spencer Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Spencer ranges from $700 to $2,100 with an average monthly rent of $1,412.
What does renting a Two Bedroom Apartment in Spencer cost?
The monthly rent prices of Two Bedroom Apartments currently available in Spencer range from $849 to $2,628. Today's average rental price for Two Bedrooms here is $1,489.
How expensive are Spencer Three Bedroom Apartments?
There are currently 28 Three Bedroom Apartments listings available in Spencer on ApartmentHomeLiving.com. The pricing ranges from $885 to $3,300 - averaging $1,752 for the location.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.