Cheap Homes for Rent in Spencer, MA from $1,200 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in Spencer.

property at 57 Central St
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
1 Bedroom, 1 Bath Townhome for Rent
Available Now

57 Central St

West BrookfieldMA01585
property at 17 A Peacedale Ave
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

17 A Peacedale Ave

WorcesterMA01607
property at 176 Maple Ave
$1,600 - $1,900

Total Monthly Price

Base Rent$1,750

Total Monthly Price$1,750
2 Bedroom Rentals
Available Now

176 Maple Ave

RutlandMA01543

Worcester's Best Affordable Neighborhoods

Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

property at 44 Elm St
$1,800 - $2,400

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
1 To 2 Bedroom Rentals
Available Now

44 Elm St

WorcesterMA01609
property at 121 Bailey St
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
2 Bedroom, 1 Bath Condo for Rent
Available Now

121 Bailey St

WorcesterMA01602

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property at 177 Washington St
$1,850

Total Monthly Price

Base Rent$1,850

Total Monthly Price$1,850
3 Bedroom, 1 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

177 Washington St

WorcesterMA01610
property at 29 Wildwood Ave
$1,900

Total Monthly Price

Base Rent$1,900

Total Monthly Price$1,900
2 Bedroom, 1 Bath Townhome for Rent
Available Now

29 Wildwood Ave

WorcesterMA01603
property at 4 Town House Ct
$1,900

Total Monthly Price

Base Rent$1,900

Total Monthly Price$1,900
2 Bedroom, 1 Bath Home for Rent
Available Now

4 Town House Ct

SpencerMA01562
property at 3 Maxwell Ct
$2,150

Total Monthly Price

Base Rent$2,150

Total Monthly Price$2,150
2 Bedroom, 1 Bath Townhome for Rent
Available Now

3 Maxwell Ct

WorcesterMA01607
property at 11 Brownell Cir
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now

11 Brownell Cir

WorcesterMA01602

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property at 3 Stockholm St
$2,200

Total Monthly Price

Base Rent$2,200

Total Monthly Price$2,200
2 Bedroom, 1 Bath Condo for Rent
Available Now

3 Stockholm St

WorcesterMA01607

Spencer, MA Local Guide

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 ListingModel NameBed/BathPriced From
Julia Bancroft - 62+ Senior ApartmentsStudioStudio,1BA$1,265
Residences on Lincoln Square, A 55+ CommunityGrove - Studio Income RestrictedStudio,1BA$1,283
Bancroft On The Grid0BR/1.0BAStudio,1BA$1,295
Portside on the GridWS300Studio,1BA$1,425
New Park on the GridWS300Studio,1BA$1,425

Best Value Apartments for Rent in Spencer, MA and Nearby

As of September 07, 2026 the best value apartment in the Spencer area is the $1.97 price per square foot 2 Bedroom with Study Model at Cobblestone Village Apartments in the in the Quinsigamond Village neighborhood starting from $2,750. The second greatest value Spencer apartment is the 3 Bedroom Model at Stratton Hill Park Apartments starting at $2,650 with a $2.11 price per square foot in the Greendale neighborhood. Here is today’s list of the best values for Spencer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cobblestone Village Apartments2 Bedroom with Study2BR,2BA$1.97
Stratton Hill Park Apartments3 Bedroom3BR,2BA$2.11
Junction Shop Lofts1 Bed 1 Bath1BR,1BA$1.43
28 S Spencer Rd, Unit Spencer Townhouse28 S Spencer Rd2BR,1.5BA$2.08
100 Wall StTwo Bedrooms2BR,1BA$1.87
Plantation Towers2 Bed, 2 Bath WAITLIST2BR,2BA$1.89
20 Eden StThree Bedroom3BR,1BA$1.80
Highland WestAmherst1BR,1BA$2.15
31 Prospect St, Unit First floor31 Prospect St2BR,1BA$1.78
61 Wall St, Unit #361 Wall St2BR,2BA$2.00

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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Navigating the Rental Market: Tips for First-Time Renters

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Real 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.

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Quick 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.

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Pet Friendly Lifestyle
Spencer, MA

Ranked #47

Among cities in Massachusetts for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Spencer

What type of rentals are currently available in Spencer?

There are currently 95 Apartments for Rent in Spencer, MA with pricing that ranges from $1,200 to $4,149. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $1,200 to $4,900.

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 $1,200 to $4,900 with an average monthly rent of $2,806.

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 $1,750 to $4,013, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $4,900. Four Bedroom Single-Family rentals are also available starting from $2,550 and Four Bedroom Apartments start at $2,350.

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

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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.

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.