
Cheap Homes for Rent in Spencer, OK from $605 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


8511 Justin Pl

3408 Woodside Dr

937 N Locust Ln

1104 Hickory Ln
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.

1024 Hazelwood Dr

208 Hudson Pl

1308 Mcdonald Dr

800 N Midwest Blvd

1004 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.

3800 Woodside Dr
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 | $1,029 | $875 | $1,150 |
| Spencer 3 Bedroom Homes for Rent | $1,302 | $875 | $1,675 |
| Spencer 4 Bedroom Homes for Rent | $1,466 | $1,095 | $1,795 |
| Spencer 5 Bedroom Homes for Rent | $1,994 | $1,595 | $2,500 |
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. Calico Corners in the Outer Northeast Oklahoma City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. 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 |
| Calico Corners | 1 Bedroom | 1BR,1BA | $645 |
| Raintree Meadows Apartments | EFF | 1BR,1BA | $646 |
| Treehouse Apartments | Studio | Studio,1BA | $650 |
| Meadowood Village Apartments | Small Efficiency | Studio,1BA | $695 |
Best Value Apartments for Rent in Spencer, OK
As of September 10, 2026 the best value apartment in the Spencer area is the $0.92 price per square foot C1 Model at Sandhill Apartments in the in the Outer Northeast Oklahoma City neighborhood starting from $870. The second greatest value Spencer apartment is the 2x2 Premium Model at Chestnut Flats starting at $999 with a $1.11 price per square foot in the Oakcliff Parkview 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. |
|---|---|---|---|
| Sandhill Apartments | C1 | 3BR,1.5BA | $0.92 |
| Chestnut Flats | 2x2 Premium | 2BR,2BA | $1.11 |
| Red Bud Landing | Red Bud Landing - 07-06... | 1BR,1BA | $1.10 |
| Villa Gardens Apartments | 1 Bed | 1BR,1BA | $1.12 |
| Parkview Apartments | 1 Bedroom Loft | 1BR,1BA | $1.07 |
| Fairfax Apartments | 1 Bed, 1 Bath A1 | 1BR,1BA | $1.16 |
| Coachlight Apartments | One Bedroom One Bathroom Apartment | 1BR,1BA | $1.10 |
| Raintree Meadows Apartments | 1X1 | 1BR,1BA | $1.16 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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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, OK Rentals by Map
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 55 Apartments for Rent in Spencer, OK with pricing that ranges from $600 to $2,527. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $605 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 $605 to $2,500 with an average monthly rent of $1,388.
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 $870 to $1,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $1,675. Four Bedroom Single-Family rentals are also available starting from $1,095 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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.