Cheap Apartments for Rent in Spencer, TN from $700 (61 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
property at 1319 Autumn Ave

$800 - $1,500

1 To 3 Bedroom Rentals

Available Now

1319 Autumn Ave

CookevilleTN38501
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Alluvian Terrace
3 to 4 Bedroom Apartments

Alluvian Terrace

255 Quinland Lake RdCookeville, TN 38506

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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Country Oaks
Studio to 2 Bedroom Apartments

Country Oaks

137 Oyler LnHixson, TN 37343
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230 Denton Ave
2 Bedroom Apartments

230 Denton Ave

230 Denton AveCookeville, TN 38501
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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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$895
Saxony Apartment Homes1BR/1BA w/d1BR,1BA$921
WILLOW PARK APARTMENTSThe Eagle2BR,1BA$950
1558 S Spring St2 Beds, 1 bath2BR,1BA$950
Country OaksStudioStudio,1BA$959
Hayfield HomesOne Bedroom1BR,1BA$995
Valley View Gardens3 Bedroom Unit3BR,2BA$1,015

Best Value Apartments for Rent in Spencer, TN and Nearby

As of June 19, 2026 the best value apartment in the Spencer area is the $1.21 price per square foot Lookout Rehab Model at Bluff View at Northside Apartments in the in the Valleybrook neighborhood starting from $1,640. The second greatest value Spencer apartment is the Mckenzie Model at Trails of Signal Mountain starting at $1,170 with a $0.96 price per square foot in the Mountain Creek 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.
Bluff View at Northside ApartmentsLookout Rehab2BR,1.5BA$1.21
Trails of Signal MountainMckenzie2BR,1.5BA$0.96
Copper Springs by Meadows PropertiesBrookhaven2BR,2BA$1.21
AldenThe Poplar2BR,2BA$1.24
Hill Place ApartmentsTwo Bedroom2BR,2BA$1.15
70 E 18th St2 Bedroom2BR,1.5BA$1.10
1558 S Spring St2 Beds, 1 bath2BR,1BA$0.98
Valley View Gardens3 Bedroom Unit3BR,2BA$1.07
Ashton Place Apartments1 BR1BR,1BA$0.93
22 E 18th St2 Bedroom2BR,2BA$1.16

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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Real 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.

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Quick 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.

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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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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.