Cheap Homes for Rent near Spencer, OH from $600 (14 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

Search the lowest-cost Homes available for rent right now in Spencer.

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.

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, OH Local Guide

Cheapest Available Spencer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencer, OH is a 1 Bed unit found at Fireland Ridge Apartments in the South Cleveland neighborhood priced from $795. Cedar Ridge in the Keswick neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here is today’s list of the most affordable Spencer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fireland Ridge Apartments1 Bed, 1 bath1BR,1BA$795
Cedar RidgeTwo Bedroom One Bathroom2BR,1BA$950
Integrity Medina Apartments2 Bedroom 2 bath C2BR,2BA$1,137
Brookpoint Apartments2 Bedroom2BR,1BA$1,175
Westwood Apartments - SP Lafayette LLC2 Bed/1 Bath/840 sq ft/Renovated2BR,1BA$1,199

Best Value Apartments for Rent in Spencer, OH and Nearby

As of July 16, 2026 the best value apartment in the Spencer area is the $1.41 price per square foot Forestwood Model at Redwood Medina Lafayette Township in the in the South Cleveland neighborhood starting from $1,824. The second greatest value Spencer apartment is the Hazelwood Model at Redwood Brunswick starting at $1,749 with a $1.46 price per square foot in the Brunswick neighborhood. Here is today’s list of the best values for Spencer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redwood Medina Lafayette TownshipForestwood2BR,2BA$1.41
Redwood BrunswickHazelwood2BR,2BA$1.46
Aspen Lake2 BD Traditional w/Dining Room2BR,2BA$1.51
Mallards CrossingB22BR,1BA$1.40
Integrity Medina Apartments2 Bedroom 2 bath C2BR,2BA$1.18
Hunter's Pointe TownhomesThe Essex2BR,1.5BA$1.61
Brookpoint Apartments2 Bedroom2BR,1.5BA$1.31
Hunters Crossing ApartmentsOne Bedroom1BR,1BA$1.61
Fireland Ridge Apartments2 Beds, 1 bath2BR,1BA$1.27
Cedar RidgeTwo Bedroom One Bathroom2BR,1BA$1.36

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

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Spencer, OH Rentals by Map

View Map
Spencer, OH Apartments Map
View Map
Spencer, OH Rental Homes Map

Frequently Asked Questions about Spencer

What type of rentals are currently available in Spencer?

There are currently 37 Apartments for Rent in Spencer, OH with pricing that ranges from $650 to $2,775. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $650 to $11,000.

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 $650 to $11,000 with an average monthly rent of $2,600.

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 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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.