123 Bay Meadow Ct
LexingtonNC27292
Cheap Homes for Rent in Spencer, NC from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
119 Bay Meadow Ct
LexingtonNC27292
109 Bay Meadow Ct
LexingtonNC27292
117 Cedar Dr
SalisburyNC28147
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.
37 Kesler St
SalisburyNC28144
2002 Airport Rd
SalisburyNC28147
304 Crescent St
RockwellNC28138
1017 Old Plank Rd
SalisburyNC28144
245 Long Bow Rd
SalisburyNC28144
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
914 N Church St
SalisburyNC28144
Showing Results 1-10, 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 | $1,236 | $995 | $1,850 |
| Spencer 3 Bedroom Homes for Rent | $1,654 | $1,225 | $2,295 |
| Spencer 4 Bedroom Homes for Rent | $1,950 | $1,825 | $2,100 |
| Spencer 5 Bedroom Homes for Rent | $3,049 | $3,049 | $3,049 |
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: 07/25/2025Current 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 | $1,450 | $1,095 | 5 |
Cheapest Available Spencer Apartments for Rent and Nearby
The cheapest available apartment rental in Spencer, NC is a 1 Bed unit found at 27 Hege Drive in the Davidson neighborhood priced from $725. 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 |
|---|---|---|---|
| 27 Hege Drive | 1/1 | 1BR,1BA | $725 |
| Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $750 |
| Lakewood I and II Apartment Homes | Studio | Studio,1BA | $800 |
Best Value Apartments for Rent in Spencer, NC and Nearby
As of July 25, 2025 the best value apartment in the Spencer area is the $1.15 price per square foot 905 Cedar St Model at 905 Cedar St, Unit 905 Cedar St in the in the Davidson neighborhood starting from $1,450. The second greatest value Spencer apartment is the 2Bd 2Bth Renovated Model at The Retreat at Concord Apartments starting at $1,449 with a $1.29 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. |
|---|---|---|---|
| 905 Cedar St, Unit 905 Cedar St | 905 Cedar St | 3BR,2.5BA | $1.15 |
| The Retreat at Concord Apartments | 2Bd 2Bth Renovated | 2BR,2BA | $1.29 |
| Inspired Way | 2BR/1.5BA | 2BR,1.5BA | $1.17 |
| Park Street | 2BR/1.5BA | 2BR,1.5BA | $1.08 |
| Laurel Pointe | 2A | 2BR,2BA | $1.03 |
| Courtyard on Main | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.26 |
| The Retreat at Kannapolis | 2Bd 1.5Bth TH Reno | 2BR,1.5BA | $1.30 |
| 306 N Jackson Street | 2BR/1.0BA | 2BR,1BA | $1.33 |
| Nu Salisbury South | One Bedroom One Bathroom | 1BR,1BA | $1.24 |
| Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $1.14 |
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.
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
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 66 Apartments for Rent in Spencer, NC with pricing that ranges from $675 to $4,592. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $815 to $3,049.
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 $815 to $3,049 with an average monthly rent of $1,744.
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 $4,592, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,825 and Four Bedroom Apartments start at $1,330.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.