
Cheap Apartments for Rent in Spencer, TN from $600 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.


459 Oriole Dr

Ashton Place Apartments

University Towers

Eagle Village

Total Monthly Price
Saxony Apartment Homes

Total Monthly Price
WILLOW PARK APARTMENTS

Magnolia Place
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.

Hills Chapel Apartments

Total Monthly Price
Compass Heights

Manchester Arbors Apartments

Valley View Gardens

Trails of Signal Mountain

Copper Springs by Meadows Properties

Total Monthly Price
Vandergriff Village Apartments by Callio Properties

Hayfield Homes
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.

Hill Place Apartments

ELEVEN50

Cypress Creek

Total Monthly Price
Country Oaks

Carden Estates Apartments

Views at Signal Mountain

500 S Winds Dr

Northtowne Village Apartment Homes
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.

Alden

River Canyon

Falcon Crest Apartments

Hiawatha East

315 Bybee Branch Rd

Governors Place

110 Lyon St

1319 Autumn Ave
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.

Alluvian Terrace

NORTH CREEK CROSSING

The View at South Ridge Apartments

The View at Morningside

Northside Drive Apartments

124 N Main St

259 High St

1473 Hickory Valley Rd
Navigating 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.

327 Hayes St

508 E Broad St

Willow Grove

1010 Country Club Rd
Spencer, TN Local Guide

How much does it cost to rent an apartment in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer Studio Apartments | $1,023 | $925 | $1,155 |
| Spencer 1 Bedroom Apartments | $1,330 | $780 | $1,570 |
| Spencer 2 Bedroom Apartments | $1,546 | $920 | $2,575 |
| Spencer 3 Bedroom Apartments | $1,776 | $1,015 | $2,780 |
| Spencer 4 Bedroom Apartments | $2,908 | $2,599 | $3,142 |
Browse Top Apartments in Spencer
See all Apartments in SpencerExplore Spencer
Spencer, TN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ashton Place Apartments | 1 BR | 1BR,1BA | $780 |
| Eagle Village | Studio | Studio,1BA | $800 |
| University Towers | Studios | 1BR,1BA | $800 |
| Northside Drive Apartments | 2 Bedroom | 2BR,2BA | $867 |
| Compass Heights | A1 | 1BR,1BA | $919 |
| Saxony Apartment Homes | 1BR/1BA w/d | 1BR,1BA | $921 |
| Manchester Arbors Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $925 |
| Valley View Gardens | 2 Bedroom Unit | 2BR,1BA | $942 |
| Magnolia Place | 2 Bed 1 Bath | 2BR,1BA | $950 |
| Trails of Signal Mountain | Majestic | Studio,1BA | $955 |
Best Value Apartments for Rent in Spencer, TN and Nearby
As of January 30, 2026 the best value apartment in the Spencer area is the $1.11 price per square foot Signal Model at Bluff View at Northside Apartments in the in the Valleybrook neighborhood starting from $1,551. The second greatest value Spencer apartment is the B1 - The Cappuccino Model at Northtowne Village Apartment Homes starting at $1,284 with a $1.17 price per square foot in the Mile Straight 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. |
|---|---|---|---|
| Bluff View at Northside Apartments | Signal | 2BR,2.5BA | $1.11 |
| Northtowne Village Apartment Homes | B1 - The Cappuccino | 2BR,2BA | $1.17 |
| Cypress Creek | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.00 |
| Vandergriff Village Apartments by Callio Properties | 2x2 | 2BR,2BA | $1.21 |
| Carden Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.12 |
| Northside Drive Apartments | 2 Bedroom | 2BR,2BA | $0.96 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $0.93 |
| Valley View Gardens | 2 Bedroom Unit | 2BR,1BA | $1.14 |
| Hayfield Homes | One Bedroom | 1BR,1BA | $1.24 |
| Compass Heights | A1 | 1BR,1BA | $1.23 |
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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, TN Rentals by Map
See the most popular apartments and homes in Spencer, TN
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 $867 at Northside Drive 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

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.