
Cheap Homes for Rent near Spencer, TN from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


1325 Virginia Ave

1319 Autumn Ave

191 Redbud Trl

315 Bybee Branch Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

978 N Franklin Ave

1495 Autumn Ave

223 Cherry Ave

312 Higginbotham Rd

116 Walker St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1321 Autumn Ave
Spencer, TN 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 | $1,139 | $625 | $1,400 |
| Spencer 3 Bedroom Homes for Rent | $1,692 | $1,149 | $3,000 |
| Spencer 4 Bedroom Homes for Rent | $2,066 | $2,050 | $2,100 |
| Spencer 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Top Homes for Rent in Spencer
Explore 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 Cypress Creek priced from $773. Ashton Place Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $780. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cypress Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $773 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $780 |
| Eagle Village | Studio | Studio,1BA | $800 |
| Magnolia Place | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Country Oaks | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Spencer, TN and Nearby
As of July 22, 2026 the best value apartment in the Spencer area is the $1.15 price per square foot Springfield II Model at Copper Springs by Meadows Properties in the starting from $1,725. The second greatest value Spencer apartment is the Lookout Rehab Model at Bluff View at Northside Apartments starting at $1,583 with a $1.17 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Copper Springs by Meadows Properties | Springfield II | 3BR,2.5BA | $1.15 |
| Bluff View at Northside Apartments | Lookout Rehab | 2BR,1.5BA | $1.17 |
| Trails of Signal Mountain | Mckenzie | 2BR,1.5BA | $0.96 |
| Caney Commons | 125 Caney Commons, Unit 2 | 2BR,2.5BA | $1.18 |
| Hill Place Apartments | Two Bedroom | 2BR,2BA | $1.15 |
| 70 E 18th St | 2 Bedroom | 2BR,1.5BA | $1.10 |
| 1840 Summerhaven Ave | 2 Bedroom | 2BR,1.5BA | $1.19 |
| 1558 S Spring St | 2 Beds, 1 bath | 2BR,1BA | $0.98 |
| Asbury Park | Asbury 2B 2B | 2BR,2BA | $1.00 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $0.93 |
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 ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Spencer, TN
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 65 Apartments for Rent in Spencer, TN with pricing that ranges from $780 to $14,076. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $625 to $3,000.
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 $625 to $3,000 with an average monthly rent of $1,830.
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 $1,035 to $2,485, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,149 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,685.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.