Cheap Apartments for Rent in the Downtown Spencer Neighborhood of Spencer, NC from $600 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Spencer area of Spencer.

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.

close
View Me
East Winds Apartments
1 to 2 Bedroom Apartments

East Winds Apartments

420 N Boundary StSalisbury, NC 28144
Senior Living
  • Utilities Included
close
View Me
Ashton Woods
1 to 3 Bedroom Apartments

Ashton Woods

1100 Bringle Ferry RdSalisbury, NC 28144
close
View Me
516 Flats
1 to 2 Bedroom Apartments

516 Flats

516 W Innes StSalisbury, NC 28144
close
View Me
Yadkin House
1 Bedroom Apartments

Yadkin House

201 N Lee StSalisbury, NC 28144
Senior Living
  • Utilities Included
close
View Me
Westview Court
1 to 3 Bedroom Apartments

Westview Court

304 Mahaley AveSalisbury, NC 28144

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.

close
View Me
Whispering Oaks
1 to 2 Bedroom Apartments

Whispering Oaks

805 Newsome RdSalisbury, NC 28146

Downtown Spencer, Spencer, NC Local Guide

Cheapest Available Downtown Spencer Apartments for Rent

 

The cheapest available apartment rental in the Downtown Spencer area of Spencer, NC is a 1 Bed unit found at 530 Park Ave priced from $950. Forest Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,170. Here are the most affordable Downtown Spencer apartments for rent in Spencer, NC:

Apartment ListingModel NameBed/BathPriced From
530 Park Ave1-Bedroom1BR,1BA$950
Forest Village2 Bedroom 1 Bathroom2BR,1BA$1,170
306 N Jackson Street2BR/1.0BA2BR,1BA$1,195
Courtyard on Main1 Bedroom 1 Bathroom1BR,1BA$1,195

Best Value Apartments for Rent in Downtown Spencer, NC

As of August 08, 2026 the best value apartment in the Downtown Spencer area is the $1.68 price per square foot 112 N Main St Model at 112 N Main St, Unit Apt. 200 in the in the Davidson neighborhood starting from $2,100. The second greatest value Downtown Spencer apartment is the 2 Bedroom 1 Bathroom Model at Forest Village starting at $1,170 with a $1.25 price per square foot in the Davidson neighborhood. Here is today’s list of the best values for Downtown Spencer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
112 N Main St, Unit Apt. 200112 N Main St1BR,2BA$1.68
Forest Village2 Bedroom 1 Bathroom2BR,1BA$1.25
306 N Jackson Street2BR/1.0BA2BR,1BA$1.33
121 N Main St, Unit 202121 N Main StStudio ,1BA$2.09
Courtyard on Main1 Bedroom 1 Bathroom1BR,1BA$1.67
530 Park Ave1-Bedroom1BR,1BA$1.34

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 Article
Decorative image

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
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Spencer, Spencer, NC

Ranked #1

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Cheap Downtown Spencer Apartments

How much is rent for a Cheap One Bedroom Downtown Spencer Apartment?

The lowest price for a Cheap One Bedroom Downtown Spencer Apartment is $950 at 530 Park Ave.

What is the lowest price for a Cheap Two Bedroom Downtown Spencer Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Spencer is starting from $1,170 at Forest Village.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.