
Cheap Homes for Rent in Spencer, OK from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


4033 Locust Dr

8511 Justin Pl

2108 St Mark Ave

1525 N Christine Dr

1004 S Holly Dr
Live Close to Work: Prime Oklahoma City Neighborhoods to Rent Near Top Job Providers (Integris Health, Hobby Lobby, Boeing, Amazon)
Find quality, affordable apartments with short commutes in Oklahoma City by exploring the best neighborhoods near the city’s major employers. Discover apartments that are well within your budget, close to work, major freeways (I-40, I-44), and local recreation spots like Lake Hefner.

1120 Tall Oaks Dr

208 W Shadywood Dr

3800 Woodside Dr

8717 St George Way

605 Lloyd Ave

407 Lotus Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

624 Lloyd Ave
Spencer, OK 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 | $1,000 | $900 | $1,150 |
| Spencer 3 Bedroom Homes for Rent | $1,428 | $850 | $1,800 |
| Spencer 4 Bedroom Homes for Rent | $1,565 | $1,195 | $1,820 |
| Spencer 5 Bedroom Homes for Rent | $1,608 | $1,595 | $1,650 |
Browse Top Homes for Rent in Spencer
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Spencer, OK Local Guide
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Cheapest Available Spencer Apartments for Rent
 The cheapest available apartment rental in Spencer, OK is a Studio unit found at The Ridge in the Outer Northeast Oklahoma City neighborhood priced from $600. Sandhill Apartments in the Outer Northeast Oklahoma City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Ridge | Studio | Studio,1BA | $600 |
| Sandhill Apartments | A1 | 1BR,1BA | $635 |
| Calico Corners | 1 Bedroom | 1BR,1BA | $645 |
| Treehouse Apartments | Studio | Studio,1BA | $650 |
| Huntington Place Apartments | 1.1 Jr | 1BR,1BA | $700 |
Best Value Apartments for Rent in Spencer, OK
As of July 26, 2026 the best value apartment in the Spencer area is the $0.95 price per square foot Two bed/Two bath Flat Model at Meadowood Village Apartments in the in the Garden Neighborhood Council neighborhood starting from $925. The second greatest value Spencer apartment is the 3 Beds, 1 Baths Model at 3409 Willow Creek Dr starting at $1,050 with a $1.13 price per square foot in the Outer Northeast Oklahoma City 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. |
|---|---|---|---|
| Meadowood Village Apartments | Two bed/Two bath Flat | 2BR,2BA | $0.95 |
| 3409 Willow Creek Dr | 3 Beds, 1 Baths | 3BR,1BA | $1.13 |
| Tinker on Forty8 | B1 | 2BR,2BA | $1.18 |
| Red Bud Landing | Red Bud Landing - 07-06... | 1BR,1BA | $1.10 |
| Villa Gardens Apartments | 1 Bed | 1BR,1BA | $1.12 |
| Fairfax Apartments | 1 Bed, 1 Bath A1 | 1BR,1BA | $1.16 |
| Parkview Apartments | 1 Bedroom Loft | 1BR,1BA | $1.07 |
| Sandhill Apartments | A1 | 1BR,1BA | $0.98 |
| Tinker Del Village Apartments | 1BR/1BA | 1BR,1BA | $1.13 |
| Calico Corners | 1 Bedroom | 1BR,1BA | $1.08 |
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 ArticleReal 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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Spencer, OK
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 58 Apartments for Rent in Spencer, OK with pricing that ranges from $600 to $2,573. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $850 to $2,100.
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 $850 to $2,100 with an average monthly rent of $1,540.
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 $835 to $2,573, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,300.
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.
Helpful Local Expert Guides

Live Close to Work: Prime Oklahoma City Neighborhoods to Rent Near Top Job Providers
Written by: Mike Heuer
Oklahoma City is a highly underrated city and the capital of the great state of Oklahoma. The city has more than 700,000 residents, while the greater metropolitan area has about twice that many.

The Best of OKC Living: Your Local Expert's Guide to Making Oklahoma City Your Home
Written by: Mike Heuer
Hello from Oklahoma City, Oklahoma, where cowboys are legends and recreational opportunities abound. I’m Mike, your ApartmentHomeLiving.

OKC College Life: Top Neighborhoods to Rent for Students and University Staff
Written by: Mike Heuer
I am Mike, your ApartmentHomeLiving.com Local Expert for Oklahoma City, Oklahoma.

Oklahoma Citys Hidden Gems: Your Guide to Finding the Perfect Affordable Neighborhood to Rent
Written by: Mike Heuer
I’m Mike, your ApartmentHomeLiving.com Local Expert for Oklahoma City, Oklahoma. The city is one of the lesser-known gems of the South-Central United States, and it always impressed me when visiting family in the city.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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
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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.