
Cheap Homes for Rent in Spencer, NY from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


105 Valentine Pl

211 Prospect St

213 Prospect St

40 Sodom Rd

105 N Quarry St
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.

219 Coddington Rd

215 Pennsylvania Ave

136 Kendall Ave

255 Coddington Rd

513 S Aurora St

207 Prospect St
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.
Spencer, NY Local Guide

How much does it cost to rent a home in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer 2 Bedroom Homes for Rent | $2,450 | $1,700 | $4,500 |
| Spencer 3 Bedroom Homes for Rent | $2,750 | $1,800 | $3,950 |
| Spencer 4 Bedroom Homes for Rent | $2,733 | $750 | $4,000 |
Browse Top Homes for Rent in Spencer
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Spencer, NY Local Guide
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Cheapest Available Spencer Apartments for Rent and Nearby
 The cheapest available apartment rental in Spencer, NY is a Studio unit found at RIDGETOP Apartments in Collegetown in the North Campus neighborhood priced from $225. West Village Apartments in the Western South Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,041. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RIDGETOP Apartments in Collegetown | Parking | Studio, | $225 |
| West Village Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,041 |
| 130 Temple St | 1 Bed 1 Bath | 1BR,1BA | $1,385 |
| Jailhouse & Sheriff's Apartments 176 Main St. | Two Bedroom 1.5 Bath | 2BR,1BA | $1,395 |
| Commons West | Studio | Studio,1BA | $1,395 |
Best Value Apartments for Rent in Spencer, NY and Nearby
As of April 24, 2026 the best value apartment in the Spencer area is the $0.41 price per square foot 4 Beds, 2 baths Model at 212 Giles St Furnished Free Parking in the in the Western South Hill neighborhood starting from $745. The second greatest value Spencer apartment is the Full 6 Bedroom Apartment 3 Model at 111 Osmun Place - See Details starting at $875 with a $0.49 price per square foot in the North Campus 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. |
|---|---|---|---|
| 212 Giles St Furnished Free Parking | 4 Beds, 2 baths | 4BR,2BA | $0.41 |
| 111 Osmun Place - See Details | Full 6 Bedroom Apartment 3 | 6BR,1BA | $0.49 |
| Jailhouse & Sheriff's Apartments 176 Main St. | Two Bedroom 1.5 Bath | 2BR,1.5BA | $1.13 |
| Gateway Commons | 2BR/2.0BA | 2BR,2BA | $2.50 |
| Plaza East/Summerhill Townhouses | Summerhill 3 Bed 3.5 Bath Townhouse | 3BR,3.5BA | $2.29 |
| West Village Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.15 |
| Seneca Way | A | 1BR,1BA | $2.58 |
| 130 Temple St | 1 Bed 1 Bath | 1BR,1BA | $1.79 |
| Lakeside Vista | 2 Bedroom / 1 Bathroom - Bedroom | 2BR,1BA | $1.18 |
| The Outlook Apartments | Stylish 2BR/1BA Corner Unit | 2BR,1BA | $3.05 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, NY Rentals by Map
See the most popular apartments and homes in Spencer, NY
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 63 Apartments for Rent in Spencer, NY with pricing that ranges from $225 to $6,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $750 to $4,500.
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 $750 to $4,500 with an average monthly rent of $2,326.
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 $1,000 to $4,120, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,950. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $1,435.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.