1009 W 11th St
BloomingtonIN47404
Cheap Homes for Rent in Spencer, IN from $1,000 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
1427 N Kinser Pike
BloomingtonIN47404
3942 W Stoutes Creek Rd
BloomingtonIN47404
1325 N Kinser Pike
BloomingtonIN47404
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.
3421 N Kinser Pike
BloomingtonIN47404
615 N Lincoln St
BloomingtonIN47408
912 W Winding Way
BloomingtonIN47404
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.
414 W Northlane Dr
BloomingtonIN47404
1022 W 7th St
BloomingtonIN47404
1014 W Cottage Grove Ave
BloomingtonIN47404
1221 W 6th St
BloomingtonIN47404
1020 W Kirkwood Ave
BloomingtonIN47404
1001 W Cottage Grove Ave
BloomingtonIN47404
503 S 3rd St
EllettsvilleIN47429
1030 W Kirkwood Ave
BloomingtonIN47404
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.
3536 W Pyramid Ct
BloomingtonIN47404
Showing Results 1-16, Page 1 of 1
Spencer, IN Local Guide
Sunset over train tracks by A.Robillard is licensed under CC BY 2.0
How much does it cost to rent a home in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer 2 Bedroom Homes for Rent | $1,518 | $1,275 | $2,300 |
| Spencer 3 Bedroom Homes for Rent | $2,012 | $1,050 | $3,000 |
| Spencer 4 Bedroom Homes for Rent | $3,029 | $1,725 | $4,450 |
| Spencer 5 Bedroom Homes for Rent | $5,120 | $3,800 | $6,500 |
| Spencer 6 Bedroom Homes for Rent | $5,500 | $5,500 | $5,500 |
Browse Top Homes for Rent in Spencer
Explore Spencer
Spencer, IN Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Spencer Apartments for Rent and Nearby
The cheapest available apartment rental in Spencer, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $649. Lofton in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living | Vivo Living - Petite Studio | Studio,1BA | $649 |
| Lofton | Lofton - Individual Lease/ Roommate Matching - ... | 1BR,2BA | $749 |
| Woodington Management Properties | Stadium View II | 1BR,1BA | $750 |
| Acadia Court | Studio | Studio,1BA | $760 |
| Cedargate | Studio Standard | Studio,1BA | $800 |
Best Value Apartments for Rent in Spencer, IN and Nearby
As of August 29, 2025 the best value apartment in the Spencer area is the $1.16 price per square foot Three Bedroom Townhome Model at Nile Ridge Townhomes in the in the Downtown Bloomington IN neighborhood starting from $1,785. The second greatest value Spencer apartment is the The Crimson - 3 Bed/3.5 Bath Model at Crimson Crossing Townhomes starting at $1,899 with a $1.40 price per square foot in the Downtown Bloomington IN neighborhood. 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. |
|---|---|---|---|
| Nile Ridge Townhomes | Three Bedroom Townhome | 3BR,3.5BA | $1.16 |
| Crimson Crossing Townhomes | The Crimson - 3 Bed/3.5 Bath | 3BR,3.5BA | $1.40 |
| Beacon Hill | Beacon Hill - 3 Bed/2 Bath | 3BR,2BA | $1.06 |
| Park on Morton | 2x2 Corner - Classic | 2BR,2BA | $1.19 |
| The League Bloomington | 10 North 2x2 Penthouse | 2BR,2BA | $0.99 |
| Lofton | Lofton 2A - Sublease / Lease Release | 2BR,2BA | $1.42 |
| Summit Pointe | Hillcrest | 2BR,2BA | $1.32 |
| The Stratum at Indiana | 2x2 | 2BR,2BA | $0.99 |
| Woodland Springs | 1 Bedroom | 1BR,1BA | $1.25 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.25 |
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Pet Friendly LifestyleSpencer, IN
Ranked #86
Among cities in Indiana for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Spencer, IN
Owen Valley Community High School
Spencer-Owen Community Schools
Public School - Grades 9-12 (671)
4 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, IN Rentals by Map
See the most popular apartments and homes in Spencer, IN
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 55 Apartments for Rent in Spencer, IN with pricing that ranges from $549 to $5,000. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $1,050 to $6,500.
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 $1,050 to $6,500 with an average monthly rent of $3,435.
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 $689 to $3,750, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $599.
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.