501 E Franklin St
SalisburyNC28144
Cheap Homes for Rent in Spencer, NC from $800 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
311 Barbour St
SalisburyNC28144
233 Jolly Roger Dr
LexingtonNC27295
152 Songbird Ln
LinwoodNC27299
902 Bringle Ferry Rd
SalisburyNC28144
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
107 S Walnut Gq St
SalisburyNC28146
1417 W Bank St
SalisburyNC28144
606 S Ellis St
SalisburyNC28144
357 Peach Orchard Rd
SalisburyNC28147
900 2nd St
SpencerNC28159
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.
821 E Lafayette St
SalisburyNC28144
328 W Liberty St
SalisburyNC28144
353 Crown Point Dr
SalisburyNC28146
919 N Church St
SalisburyNC28144
1320 Kenly 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 a home in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer 2 Bedroom Homes for Rent | $1,176 | $950 | $1,350 |
| Spencer 3 Bedroom Homes for Rent | $1,624 | $1,100 | $2,400 |
| Spencer 4 Bedroom Homes for Rent | $1,672 | $1,595 | $1,750 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Spencer
Explore Spencer
Spencer, NC Local Guide
- Spencer Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Spencer, NC
Pricing Updated: 05/19/2026Current 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 | $2,290 | $900 | 15 |
Cheapest Available Spencer Apartments for Rent
The cheapest available apartment rental in Spencer, NC is a 1 Bed unit found at 27 Hege Drive in the Davidson neighborhood priced from $745. Lakewood I and II Apartment Homes in the Westwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $782. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 27 Hege Drive | 1/1 | 1BR,1BA | $745 |
| Lakewood I and II Apartment Homes | Studio | Studio,1BA | $782 |
| North Point and Hallmark Apartments | TOWNHOME (HALLMARK) | 2BR,1BA | $820 |
| 306 N Jackson Street | 1BR/1.0BA | 1BR,1BA | $900 |
| Alexander Station Apartment Homes | Studio- Alexander Station | Studio,1BA | $905 |
Best Value Apartments for Rent in Spencer, NC
As of May 19, 2026 the best value apartment in the Spencer area is the $1.35 price per square foot 3 Bedroom 2 Bathroom Model at Courtyard on Main in the in the Davidson neighborhood starting from $1,580. The second greatest value Spencer apartment is the Reduced rates equal 2 months free for a 12 mont... Model at The Bridges Of Cabarrus starting at $1,413 with a $1.23 price per square foot in the Oak Crest 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. |
|---|---|---|---|
| Courtyard on Main | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.35 |
| The Bridges Of Cabarrus | Reduced rates equal 2 months free for a 12 mont... | 2BR,2BA | $1.23 |
| Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.34 |
| North Point and Hallmark Apartments | TOWNHOME (NORTH POINT) | 2BR,1.5BA | $0.95 |
| Laurel Pointe | 2A | 2BR,2BA | $1.03 |
| The Vive at Kellswater | A2 The Sequoia - One Bedroom, One Bathroom | 1BR,1BA | $1.35 |
| Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.31 |
| Beautiful Chesney Woods Townhomes | 2BR/1.5BA | 2BR,1.5BA | $1.35 |
| 306 N Jackson Street | 2BR/1.0BA | 2BR,1BA | $1.31 |
| Nu Salisbury South | One Bedroom One Bath | 1BR,1BA | $1.24 |
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
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 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.
Let everyone know!
Do you know the Spencer area?
If you’re an expert on all things Spencer, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 70 Apartments for Rent in Spencer, NC with pricing that ranges from $792 to $2,995. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $800 to $2,400.
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 $800 to $2,400 with an average monthly rent of $1,376.
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 $1,066 to $1,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,330.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.