
Cheap Homes for Rent in Spencer, MA from $1,200 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


17 A Peacedale Ave

176 Maple Ave

2 Vista Ln, Unit 9

5 Town Beach Rd, Unit 48
Worcester's Best Affordable Neighborhoods
Learn about Worcester and the best places to live with original content written by our Local Expert Kevin Wesley

1 Vista Ln, Unit 7

36 Cedar St, Unit 1A

44 Elm St

14-16 Maple St., Unit 16-1

121 Bailey St
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.

177 Washington St

29 Wildwood Ave

4 Town House Ct

3 Maxwell Ct

11 Brownell Cir
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.

3 Stockholm St
Spencer, MA Local Guide

How much does it cost to rent a home in Spencer?
| Bedroom | Average Price | Cheapest Price | Highest Price |
|---|---|---|---|
| Spencer 2 Bedroom Homes for Rent | $2,390 | $1,750 | $3,299 |
| Spencer 3 Bedroom Homes for Rent | $3,186 | $1,850 | $4,900 |
| Spencer 4 Bedroom Homes for Rent | $3,606 | $2,550 | $4,600 |
Browse Top Homes for Rent in Spencer
Explore Spencer
Spencer, MA Local Guide
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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 | $1,295 |
| Portside on the Grid | WS300 | Studio,1BA | $1,425 |
| New Park on the Grid | WS300 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cobblestone Village Apartments | 2 Bedroom with Study | 2BR,2BA | $1.97 |
| Stratton Hill Park Apartments | 3 Bedroom | 3BR,2BA | $2.11 |
| Junction Shop Lofts | 1 Bed 1 Bath | 1BR,1BA | $1.43 |
| 28 S Spencer Rd, Unit Spencer Townhouse | 28 S Spencer Rd | 2BR,1.5BA | $2.08 |
| 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 | $1.80 |
| Highland West | Amherst | 1BR,1BA | $2.15 |
| 31 Prospect St, Unit First floor | 31 Prospect St | 2BR,1BA | $1.78 |
| 61 Wall St, Unit #3 | 61 Wall St | 2BR,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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
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.