
Cheap Apartments for Rent in Spencer, MA from $600 (70 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.


Total Monthly Price
32 Maple St, Unit 1

2 Vista Ln, Unit 8

14-16 Maple St., Unit 9

Total Monthly Price
Spencer Heights

0 Town House Ct

35 Prospect St, Unit 2

35 Prospect St, Unit 1

Eastview Apartments

Total Monthly Price
Colton Apartments
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.

Julia Bancroft - 62+ Senior Apartments

Bancroft On The Grid

New Park on the Grid

Portside on the Grid

Park Plaza on the Grid

191 City Depot Rd

Stratton Hill Park Apartments

5 Town Beach Rd, Unit 13

Total Monthly Price
Wexford Village

Portland on the Grid
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.

Plantation Towers

Sutton Estates

Total Monthly Price
The 6Hundred

The Reeds

Poet Hill Place

Junction Shop Lofts

Total Monthly Price
Ledgewood Court Apartments

Total Monthly Price
Residences on Madison

Total Monthly Price
Edge Worcester

Arrowpoint at Mill Street
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.

Tatnuck Square

175 James St

5 Town Beach Rd, Unit 48

The Cove

Total Monthly Price
The Revington

Altitude

100 Wall St

Royal Worcester Apartments

Rosemeade Apartments

Total Monthly Price
Jefferson Mills
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.

Total Monthly Price
145 Front at City Square

Total Monthly Price
Highland West

20 Eden St

340 E Main St, Unit 2

Audubon Plantation Ridge

Greenhill Park Apartments

Residences on Lincoln Square, A 55+ Community

Aurora Apartments

Merrick at the Square

Torrey Factory Lofts
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.
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 | $1,691 | $1,200 | $2,490 |
| Spencer 1 Bedroom Apartments | $2,241 | $1,360 | $3,125 |
| Spencer 2 Bedroom Apartments | $2,801 | $1,661 | $4,400 |
| Spencer 3 Bedroom Apartments | $3,102 | $2,000 | $4,556 |
| Spencer 4 Bedroom Apartments | $3,031 | $2,650 | $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 Colton Apartments in the West Tatnuck neighborhood priced from $1,200. Julia Bancroft - 62+ Senior Apartments in the Hadwen Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,265. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Colton Apartments | 0x1AcT3 | Studio,1BA | $1,200 |
| Julia Bancroft - 62+ Senior Apartments | Studio | Studio,1BA | $1,265 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio,1BA | $1,309 |
| Bancroft On The Grid | 0BR/1.0BA | Studio,1BA | $1,350 |
| New Park on the Grid | 0BR/1.0BA | Studio,1BA | $1,375 |
| Park Plaza on the Grid | WA1400 | 1BR,1BA | $1,595 |
| Portland on the Grid | 0BR/1.0BA | Studio,1BA | $1,650 |
| Stratton Hill Park Apartments | 1 Bedroom | 1BR,1BA | $1,725 |
| The Reeds | A3 | Studio,1BA | $1,725 |
| Poet Hill Place | S1 | Studio,1BA | $1,730 |
Best Value Apartments for Rent in Spencer, MA and Nearby
As of June 23, 2026 the best value apartment in the Spencer area is the $2.30 price per square foot C 3 bed / 2 bath Model at Jefferson Mills in the starting from $3,200. The second greatest value Spencer apartment is the Two Bedrooms Model at 100 Wall St starting at $2,100 with a $1.87 price per square foot in the Downtown Worcester 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. |
|---|---|---|---|
| Jefferson Mills | C 3 bed / 2 bath | 3BR,2BA | $2.30 |
| 100 Wall St | Two Bedrooms | 2BR,1BA | $1.87 |
| 20 Eden St | Three Bedroom | 3BR,1BA | $1.84 |
| Cobblestone Village Apartments | 1 Bedroom with Study | 1BR,1BA | $2.34 |
| Highland West | Amherst | 1BR,1BA | $2.15 |
| Greenhill Park Apartments | The Emerald Updated | 2BR,1BA | $2.28 |
| 32 Maple St, Unit Unit 1 | 32 Maple St | 2BR,1BA | $2.25 |
| Ledgewood Court Apartments | 1 Bed, 1 bath | 1BR,1BA | $2.33 |
| The 6Hundred | 1x1H | 1BR,1BA | $2.39 |
| Residences on Lincoln Square, A 55+ Community | Grove - Studio Income Restricted | Studio ,1BA | $2.25 |
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
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 Colton Apartments listed at $1,200.
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 $1,684 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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.