Cheap Homes for Rent in Spencer, MA from $1,500 (17 Rentals)

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

property at 17 A Peacedale Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Townhome for Rent

Available Now

17 A Peacedale Ave

WorcesterMA01607
property at 24 Jackson St

$1,564

Total Monthly Price

Total Monthly Price

Base Rent
$1,564

Total Monthly Price
$1,564

Studio, 1 Bath Home for Rent

Available Now

24 Jackson St

WorcesterMA01608
property at 176 Maple Ave

$1,700 - $1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

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 0 Town House Ct

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Home for Rent

Available Now

0 Town House Ct

SpencerMA01562
property at 16 Federal Hill Rd

$1,875

Total Monthly Price

Total Monthly Price

Base Rent
$1,875

Total Monthly Price
$1,875

2 Bedroom, 1 Bath Condo for Rent

Available Now

16 Federal Hill Rd

AuburnMA01501
property at 860 Southbridge St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

860 Southbridge St

WorcesterMA01610

Rent According to Income: A Look at Income-Restricted Rentals

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property at 104 Prouty Ln

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

4 Bedroom, 2 Bath Home for Rent

Available Sep 15

104 Prouty Ln

East BrookfieldMA01515
property at 177 Washington St

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

3 Bedroom, 1 Bath Condo for Rent

Available Now

177 Washington St

WorcesterMA01610
property at 80 Salisbury St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom, 1 Bath Condo for Rent

Available Now

80 Salisbury St

WorcesterMA01609
property at 35 Prospect St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

35 Prospect St, Unit 2

35 Prospect St
SpencerMA01562
property at 35 Prospect St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

35 Prospect St, Unit 1

35 Prospect St
SpencerMA01562

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.

property at 7 Gibbs St

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2 Bath Condo for Rent

Available Now

7 Gibbs St

WorcesterMA01607
property at 160 Fremont St

$2,150

Total Monthly Price

Total Monthly Price

Base Rent
$2,150

Total Monthly Price
$2,150

2 Bedroom Rentals

Available Now

160 Fremont St

WorcesterMA01603

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
New Park on the Grid0BR/1.0BAStudio,1BA$1,375
Park Plaza on the GridWS200Studio,1BA$1,395

Best Value Apartments for Rent in Spencer, MA and Nearby

As of July 24, 2026 the best value apartment in the Spencer area is the $2.04 price per square foot 2 Bedroom with Study Model at Cobblestone Village Apartments in the in the Quinsigamond Village neighborhood starting from $2,850. The second greatest value Spencer apartment is the 1 Bed 1 Bath Model at Junction Shop Lofts starting at $1,730 with a $1.43 price per square foot in the West Tatnuck 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$2.04
Junction Shop Lofts1 Bed 1 Bath1BR,1BA$1.43
100 Wall StTwo Bedrooms2BR,1BA$1.87
Plantation Towers2 Bed, 2 Bath WAITLIST2BR,2BA$1.89
20 Eden StThree Bedroom3BR,1BA$1.84
Highland WestAmherst1BR,1BA$2.15
Green Hill Park Apartments WorcesterThe Emerald Updated2BR,1BA$2.28
Ledgewood Court Apartments1 Bed, 1 bath1BR,1BA$2.33
Wexford VillageThe Concord1BR,1BA$2.34
Residences on Lincoln Square, A 55+ CommunityGrove - Studio Income RestrictedStudio ,1BA$2.33

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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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.

Read Article
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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 89 Apartments for Rent in Spencer, MA with pricing that ranges from $1,200 to $4,408. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $1,500 to $5,250.

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 $1,500 to $5,250 with an average monthly rent of $2,762.

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 $2,000 to $4,408, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,650.

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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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.

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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.