304 N Main St
MitchellSD57301
Cheap Homes for Rent in Spencer, SD from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
618 S Edmunds St
MitchellSD57301
7013 56th St
Sioux FallsSD57106
7029 56th St
Sioux FallsSD57106
115 N Sanborn Blvd
MitchellSD57301
216 E 11th Ave
MitchellSD57301
510 E Maple St
ParkstonSD57366
350 N Main Ave
TeaSD57064
1301 John Deere Cir
MadisonSD57042
415 N Sanborn Blvd
MitchellSD57301
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Spencer, SD Local Guide
South Dakota grasslands by Lars Plougmann is licensed under CC BY 2.0
How much does it cost to rent a home in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer 2 Bedroom Homes for Rent | $1,362 | $900 | $1,950 |
| Spencer 3 Bedroom Homes for Rent | $1,759 | $1,000 | $2,650 |
| Spencer 4 Bedroom Homes for Rent | $1,865 | $1,350 | $2,795 |
Browse Top Homes for Rent in Spencer
Explore Spencer
Spencer, SD Local Guide
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Cheapest Available Spencer Apartments for Rent and Nearby
The cheapest available apartment rental in Spencer, SD is a 2 Beds unit found at Copper Flats priced from $621. Sunset Villas Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Copper Flats | 2 Bedroom 2 Bathroom | 2BR,2BA | $621 |
| Sunset Villas Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $795 |
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $820 |
Best Value Apartments for Rent in Spencer, SD and Nearby
As of July 28, 2025 the best value apartment in the Spencer area is the $1.00 price per square foot 2 Bedroom Model at Lake Area Townhomes in the starting from $1,250. The second greatest value Spencer apartment is the Upper Apartment Model at Fifth Street Apartments & Townhouses starting at $1,450 with a $1.20 price per square foot . 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. |
|---|---|---|---|
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
| Boulder Creek Townhomes | 2bd2ba | 2BR,2BA | $1.13 |
| Copper Flats | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.96 |
| 41st Street Commons | Flat Style 2 Bed/1 Bath | 2BR,1BA | $1.03 |
| Sunset Villas Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.23 |
| Forty One Flats | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.77 |
| Marion Crossing Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.23 |
| Hillcrest Heights Apartments | 1 Bedroom 1 Bathroom Apartment | 1BR,1BA | $1.35 |
| Maple Pass Apartments & Townhomes | 1 Bed 1 Bath Apartment | 1BR,1BA | $1.30 |
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Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 42 Apartments for Rent in Spencer, SD with pricing that ranges from $399 to $3,476. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $725 to $2,795.
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 $725 to $2,795 with an average monthly rent of $1,508.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.