
Cheap Homes for Rent in Spencer, OK from $800 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


712 N Midwest Blvd
Oklahoma City's Best Affordable Neighborhoods
Learn about Oklahoma City and the best places to live with original content written by Local Expert Mike Heuer

8511 Justin Pl

1212 McGregor Dr
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, 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 | $1,098 | $895 | $1,400 |
| Spencer 3 Bedroom Homes for Rent | $1,274 | $850 | $1,860 |
| Spencer 4 Bedroom Homes for Rent | $1,456 | $1,195 | $1,615 |
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Spencer, OK Local Guide
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Best Value Apartments for Rent in Spencer, OK
As of March 10, 2026 the best value apartment in the Spencer area is the $1.11 price per square foot B1 Model at The Lodge @ 777 in the in the Garden Neighborhood Council neighborhood starting from $1,200. The second greatest value Spencer apartment is the Two bed One/Half TH Model at Meadowood Village Apartments starting at $1,040 with a $1.04 price per square foot in the Garden Neighborhood Council 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. |
|---|---|---|---|
| The Lodge @ 777 | B1 | 2BR,2BA | $1.11 |
| Meadowood Village Apartments | Two bed One/Half TH | 2BR,1.5BA | $1.04 |
| Red Bud Landing | Red Bud Landing - 07-06... | 1BR,1BA | $1.10 |
| Villa Gardens Apartments | 1 Bed | 1BR,1BA | $1.15 |
| Parkview Apartments | 1 Bedroom Loft | 1BR,1BA | $1.07 |
| The Albert | Third Floor | 1BR,1BA | $1.14 |
| Coachlight Apartments | WAITLLIST ONLY-One Bedroom One Bathroom Apartment | 1BR,1BA | $1.10 |
| Sandhill Apartments | A1 | 1BR,1BA | $1.14 |
| 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 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
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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 52 Apartments for Rent in Spencer, OK with pricing that ranges from $645 to $2,527. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $850 to $1,860.
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 $1,860 with an average monthly rent of $1,276.
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 $925 to $2,216, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,860. Four Bedroom Single-Family rentals are also available starting from $1,195 and Four Bedroom Apartments start at $1,315.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.