428 N Ellis St
SalisburyNC28144
Cheap Homes for Rent in Spencer, NC from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
501 E Franklin St
SalisburyNC28144
110 Mendota Ave
LexingtonNC27292
325 Green Dragon Dr
LexingtonNC27295
821 E Lafayette St
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.
907 S Jackson St
SalisburyNC28144
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$9952 Bedroom Apartments Available Now
821 E Lafayette St, Unit 821
821 E Lafayette StSalisbury, NC 28144
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$9952 Bedroom Apartments Available Now
821 E Lafayette St, Unit 839
821 E Lafayette StSalisbury, NC 28144
120 Ash-Nicole Ln
LexingtonNC27295
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$1,0252 Bedroom Apartments Available Now
821 E Lafayette St, Unit 823
821 E Lafayette StSalisbury, NC 28144
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.
823 E Lafayette St
SalisburyNC28144
322 W McCubbins St
SalisburyNC28144
517 Skylark Ln
LinwoodNC27299
107 S Walnut Gq St
SalisburyNC28146
143 Bluebird Ln
LinwoodNC27299
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.
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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 | $1,161 | $849 | $1,500 |
| Spencer 3 Bedroom Homes for Rent | $1,554 | $1,050 | $2,500 |
| Spencer 4 Bedroom Homes for Rent | $2,024 | $1,799 | $2,250 |
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
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Spencer, NC Local Guide
- Spencer Neighborhoods
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Cheapest Neighborhoods for Apartments in Spencer, NC
Pricing Updated: 07/03/2026Current 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 | $1,875 | $950 | 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 $685. North Point and Hallmark Apartments in the Davidson neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. 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 | $685 |
| North Point and Hallmark Apartments | TOWNHOME (HALLMARK) | 2BR,1BA | $800 |
| Alexander Station Apartment Homes | One Bedroom--Alexander Station 450 sqft | 1BR,1BA | $885 |
| Northwood Apartment Homes | Studio | Studio,1BA | $905 |
| Lexington Park Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $920 |
Best Value Apartments for Rent in Spencer, NC and Nearby
As of July 04, 2026 the best value apartment in the Spencer area is the $1.34 price per square foot 2x2 Deluxe-Call For Availability Model at Crown Point Luxury Apartments at Kingsport in the in the Oak Crest neighborhood starting from $1,525. The second greatest value Spencer apartment is the 2 Bedroom 1.5 Bathroom Model at Courtyard on Main starting at $1,450 with a $1.31 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. |
|---|---|---|---|
| Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.34 |
| Courtyard on Main | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.31 |
| North Point and Hallmark Apartments | TOWNHOME (NORTH POINT) | 2BR,1.5BA | $0.86 |
| Laurel Pointe | 2A | 2BR,2BA | $1.03 |
| The Retreat at Kannapolis | 2Bd 1.5Bth TH Reno | 2BR,1.5BA | $1.25 |
| The Vive at Kellswater | A2 The Sequoia - One Bedroom, One Bathroom | 1BR,1BA | $1.34 |
| Meadow Creek | 2 Bedroom 1.5 Bath Garden | 2BR,1.5BA | $1.33 |
| Fairview Village | 2 Bedroom Townhouse | 2BR,1.5BA | $1.28 |
| Forest Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.25 |
| Nu Salisbury South | One Bedroom One Bath | 1BR,1BA | $1.29 |
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.
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Best Local Schools in Spencer, NC
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Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 71 Apartments for Rent in Spencer, NC with pricing that ranges from $685 to $2,726. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $700 to $2,500.
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 $700 to $2,500 with an average monthly rent of $1,372.
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 $2,726, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,799 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
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.
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.