
Cheap Apartments for Rent in Spencer, MA from $600 (74 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.


1 Vista Ln, Unit 7

Total Monthly Price
61 Wall St, Unit #3

14-16 Maple St., Unit 16-1

Spencer Heights

0 Town House Ct

35 Prospect St, Unit 2

35 Prospect St, Unit 1

15 Hawley St, Unit 1

Eastview Apartments
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

Julia Bancroft - 62+ Senior Apartments

Bancroft On The Grid

Park Plaza on the Grid

New Park on the Grid

Portside on the Grid

Total Monthly Price
The 6Hundred

Sutton Estates

191 City Depot Rd

Stratton Hill Park Apartments

Total Monthly Price
Wexford Village
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.

Portland on the Grid

Total Monthly Price
Residences on Madison

Total Monthly Price
Jefferson Mills

Total Monthly Price
Ledgewood Court Apartments

Junction Shop Lofts

Total Monthly Price
Edge Worcester

The Reeds

Rosemeade Apartments

Arrowpoint at Mill Street

175 James St
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.

5 Town Beach Rd, Unit 48

43 Woodland St

Total Monthly Price
Poet Hill Place

Altitude

860 Southbridge St, Unit 1

100 Wall St

Total Monthly Price
The Revington

Total Monthly Price
Colton Apartments

Total Monthly Price
The Cove

Total Monthly Price
Highland West
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.

20 Eden St

The Fairways

145 Front at City Square

Audubon Plantation Ridge

Total Monthly Price
Aria on the Row

Plantation Towers

Royal Worcester Apartments

Green Hill Park Apartments Worcester

Residences on Lincoln Square, A 55+ Community

57 Central St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Spencer, MA Local Guide

How much does it cost to rent an apartment in Spencer?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Spencer Studio Apartments | $1,824 | $1,200 | $2,640 |
| Spencer 1 Bedroom Apartments | $2,223 | $1,360 | $3,125 |
| Spencer 2 Bedroom Apartments | $2,736 | $1,800 | $4,149 |
| Spencer 3 Bedroom Apartments | $2,857 | $1,800 | $4,172 |
| Spencer 4 Bedroom Apartments | $3,412 | $3,245 | $3,580 |
Browse Top Apartments in Spencer
See all Apartments in SpencerExplore Spencer
Spencer, MA 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, MA is a Studio unit found at Julia Bancroft - 62+ Senior Apartments in the Hadwen Park neighborhood priced from $1,265. Residences on Lincoln Square, A 55+ Community in the Elm Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,283. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Julia Bancroft - 62+ Senior Apartments | Studio | Studio,1BA | $1,265 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,1BA | $1,283 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,375 |
| Park Plaza on the Grid | WS200 | Studio,1BA | $1,395 |
| The 6Hundred | 1x1H | 1BR,1BA | $1,459 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| Residences on Madison | S1 | Studio,1BA | $1,660 |
| Ledgewood Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $1,700 |
| The Reeds | A3 | Studio,1BA | $1,750 |
| The Kiln | Studio - Walkout/ 1st Floor | Studio,1BA | $1,750 |
Best Value Apartments for Rent in Spencer, MA and Nearby
As of August 08, 2026 the best value apartment in the Spencer area is the $1.32 price per square foot 2 Bed 1 Bath Model at Junction Shop Lofts in the in the West Tatnuck neighborhood starting from $2,080. The second greatest value Spencer apartment is the 14 Main St Model at 14 Main St, Unit 2 starting at $2,300 with a $1.64 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. |
|---|---|---|---|
| Junction Shop Lofts | 2 Bed 1 Bath | 2BR,1BA | $1.32 |
| 14 Main St, Unit 2 | 14 Main St | 3BR,1BA | $1.64 |
| Stratton Hill Park Apartments | 3 Bedroom | 3BR,2BA | $2.11 |
| 100 Wall St | Two Bedrooms | 2BR,1BA | $1.87 |
| Plantation Towers | 2 Bed, 2 Bath WAITLIST | 2BR,2BA | $1.89 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| Highland West | Amherst | 1BR,1BA | $2.15 |
| Colton Apartments | 2x1AcT3 | 2BR,1BA | $2.26 |
| 61 Wall St, Unit #3 | 61 Wall St | 3BR,2BA | $2.25 |
| Ledgewood Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.27 |
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 ArticleReal 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.
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.
Pet Friendly LifestyleSpencer, MA
Ranked #47
Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Spencer, MA
David Prouty High School
Knox Trail Junior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, MA Rentals by Map
See the most popular apartments and homes in Spencer, MA
Frequently Asked Questions about Cheap Spencer Apartments
What is the Cheapest Studio apartment in Spencer?
Currently the most affordable Cheap Studio Apartment in Spencer is at Julia Bancroft - 62+ Senior Apartments listed at $1,265.
How much is rent for a Cheap One Bedroom Spencer Apartment?
The lowest price for a Cheap One Bedroom Spencer Apartment is $1,360 at Julia Bancroft - 62+ Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Spencer Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Spencer is starting from $1,779 at Residences on Lincoln Square, A 55+ Community.
What is the most affordable Spencer Three Bedroom Apartment?
The best deal on a cheap Spencer Three Bedroom Apartment rental is at 20 Eden St and starts from $2,000.
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

Local Secrets: Finding the Top Affordable Neighborhoods for Renting in Worcester
Written by: Kevin Wesley
Worcester is a vibrant, culturally rich and diverse city at the heart of central Massachusetts.

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.

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.