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$735 - $2,099Studio to 3 Bedroom Apartments Available Now
Lakewood I and II Apartment Homes
50 Lakewood DrSalisbury, NC 28147
Cheap Apartments for Rent in Spencer, NC from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.
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$750 - $8501 Bedroom Apartments Available Now
Wiley School Apartments
211 Ridge AveSalisbury, NC 28144
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$800 - $8952 Bedroom Apartments Available Now
North Point and Hallmark Apartments
110 Biesecker RdLexington, NC 27295
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$805 - $2,080Studio to 3 Bedroom Apartments Available Now
Alexander Station Apartment Homes
200 Hamilton DrSalisbury, NC 28147
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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.
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$885 - $9491 to 2 Bedroom Apartments Available Now
Lexington Park Apartments
154 Hill Everhart RdLexington, NC 27295
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$912 - $1,1951 to 2 Bedroom Apartments Available Now
306 N Jackson Street
306 N Jackson StSalisbury, NC 28144
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$999 - $1,5251 to 2 Bedroom Apartments Available Now
The Ridges
4301 Forestridge LnKannapolis, NC 28081
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.
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$1,000 - $1,3001 to 2 Bedroom Apartments Available Now
Fairview Village
812 Fairview DrLexington, NC 27292
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1028 S Main St
SalisburyNC28144
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.
Showing Results 1-15, Page 1 of 1
Spencer, NC Local Guide
North Carolina BBQ by Fen Labalme is licensed under CC BY 2.0
How much does it cost to rent an apartment in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer Studio Apartments | $871 | $735 | $1,356 |
| Spencer 1 Bedroom Apartments | $1,256 | $825 | $1,825 |
| Spencer 2 Bedroom Apartments | $1,471 | $800 | $2,399 |
| Spencer 3 Bedroom Apartments | $1,625 | $1,066 | $1,968 |
| Spencer 4 Bedroom Apartments | $1,330 | $1,330 | $1,330 |
Browse Top Apartments in Spencer
See all Apartments in SpencerExplore Spencer
Spencer, NC Local Guide
- Spencer Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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Cheapest Neighborhoods for Apartments in Spencer, NC
Pricing Updated: 11/26/2025Current apartment rentals in the Spencer, NC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Spencer Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Spencer | $1,395 | $912 | 11 |
Cheapest Available Spencer Apartments for Rent and Nearby
The cheapest available apartment rental in Spencer, NC is a Studio unit found at Lakewood I and II Apartment Homes in the Westwood neighborhood priced from $735. Wiley School Apartments in the Davidson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood I and II Apartment Homes | Studio | Studio,1BA | $735 |
| Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $750 |
| North Point and Hallmark Apartments | HALLMARK TOWNHOME | 2BR,1BA | $800 |
| Alexander Station Apartment Homes | Studio- Alexander Station | Studio,1BA | $805 |
| 27 Hege Drive | 1/1 | 1BR,1BA | $825 |
Best Value Apartments for Rent in Spencer, NC and Nearby
As of November 26, 2025 the best value apartment in the Spencer area is the $0.72 price per square foot 122 N Ellis St Model at 122 N Ellis St, Unit 122 Ellis in the in the Davidson neighborhood starting from $1,400. The second greatest value Spencer apartment is the The Dogwood - w/ Patio Model at The Grand on Julian starting at $1,515 with a $1.28 price per square foot in the Davidson 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. |
|---|---|---|---|
| 122 N Ellis St, Unit 122 Ellis | 122 N Ellis St | 1BR,1BA | $0.72 |
| The Grand on Julian | The Dogwood - w/ Patio | 2BR,2BA | $1.28 |
| Forest Village | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.21 |
| Laurel Pointe | 2A | 2BR,2BA | $1.03 |
| The Retreat at Kannapolis | 2Bd 1.5Bth TH Reno | 2BR,1.5BA | $1.30 |
| North Point and Hallmark Apartments | NORTH POINT GARDEN - GROUND LEVEL | 2BR,1.5BA | $0.88 |
| Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.26 |
| Wilson Street | 1BR/1.0BA | 1BR,1BA | $1.00 |
| Nu Salisbury South | One bedroom 1 bathroom | 1BR,1BA | $1.24 |
| Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $1.14 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Best Local Schools in Spencer, NC
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, NC Rentals by Map
See the most popular apartments and homes in Spencer, NC
Getting Around Spencer, NC
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Lakewood I and II Apartment Homes listed at $735.
How much is rent for a Cheap One Bedroom Spencer Apartment?
The lowest price for a Cheap One Bedroom Spencer Apartment is $750 at Wiley School 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 $800 at North Point and Hallmark Apartments.
What is the most affordable Spencer Three Bedroom Apartment?
The best deal on a cheap Spencer Three Bedroom Apartment rental is at Salisbury Village at Castlewood and starts from $1,188.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.