Cheap Apartments for Rent in Spencer, TN from $500 (39 Rentals)

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Royal Oaks
2 Bedroom Apartments

Royal Oaks

670 Miller RdSmithville, TN 37166
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Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Country Oaks
Studio to 2 Bedroom Apartments

Country Oaks

137 Oyler LnHixson, TN 37343

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501
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Carden Estates Apartments
1 to 2 Bedroom Apartments

Carden Estates Apartments

1700 Summer StManchester, TN 37355
Corporate Housing
  • Utilities Included
Showing Results 1-39, Page 1 of 1

Spencer, TN Local Guide

Cheapest Available Spencer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencer, TN is a 1 Bed unit found at Ashton Place Apartments priced from $780. Eagle Village has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Spencer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ashton Place Apartments1 BR1BR,1BA$780
Eagle VillageStudioStudio,1BA$800
University TowersStudios1BR,1BA$800
Magnolia Place1 Bed 1 Bath1BR,1BA$850
Saxony Apartment Homes1BR/1BA w/d1BR,1BA$921
Manchester Arbors Apartments1 Bedroom 1 Bath1BR,1BA$925
Valley View Gardens2 Bedroom Unit2BR,1BA$942
1558 S Spring St2 Beds, 1 bath2BR,1BA$950
Hayfield HomesOne Bedroom1BR,1BA$995
Northtowne Village Apartment HomesA2 - The Latte1BR,1BA$1,002

Best Value Apartments for Rent in Spencer, TN and Nearby

As of March 20, 2026 the best value apartment in the Spencer area is the $1.08 price per square foot Copper Hill Model at Copper Springs by Meadows Properties in the starting from $1,675. The second greatest value Spencer apartment is the Lookout Model at Bluff View at Northside Apartments starting at $1,520 with a $1.13 price per square foot in the Valleybrook 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.
Copper Springs by Meadows PropertiesCopper Hill3BR,2BA$1.08
Bluff View at Northside ApartmentsLookout2BR,1.5BA$1.13
Oakwood Estates Apartment Homes by Callio PropertiesLoden I - 2x22BR,2BA$1.20
Hill Place ApartmentsTwo Bedroom2BR,2BA$1.15
Vandergriff Village Apartments by Callio Properties2x22BR,2BA$1.19
Trails of Signal MountainHunter2BR,1BA$1.17
1558 S Spring St2 Beds, 1 bath2BR,1BA$0.98
Carden Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.12
Ashton Place Apartments1 BR1BR,1BA$0.93
Valley View Gardens2 Bedroom Unit2BR,1BA$1.14

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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Cash 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.

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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.

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

Explore Spencer, TN Rentals by Map

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See the most popular apartments and homes in Spencer, TN

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Frequently Asked Questions about Cheap Spencer Apartments

How much is rent for a Cheap One Bedroom Spencer Apartment?

The lowest price for a Cheap One Bedroom Spencer Apartment is $780 at Ashton Place Apartments.

What is the lowest price for a Cheap Two Bedroom Spencer Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Spencer is starting from $920 at Ashton Place Apartments.

What is the most affordable Spencer Three Bedroom Apartment?

The best deal on a cheap Spencer Three Bedroom Apartment rental is at Valley View Gardens and starts from $1,015.

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

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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.

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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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.