
Cheap Apartments for Rent in Spencer, VA from $700 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.


Lakemont Apartment Homes

1st Month FREE - Hill Court Apartments

School Drive Apartments

1611 Rivermont Hts Rd

Lofts at Mill Creek Apartments

Beltway Park at Winston
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.

Woodland Heights Apartments

Terrace at Olde Battleground

Mill Creek Flats

Allerton Place

Kensington Place

Lake Brandt Apartments

Hawthorne at the Hall
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.

Cardinal Apartments

832 Smith St

120 David Dr

125 David Dr

205 Nolens Hill Rd
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.

26 Chigger Ridge Ln

116 Park St

45 Woodcott Rd

167 Laurel Gate Cir

120 W 52 Bypass

7734 US-29

5836 Franklin St

4068 Franklin St

1025 Sherry Dr

26 Carlson Ave
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.
Spencer, VA Local Guide

How much does it cost to rent an apartment in Spencer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spencer Studio Apartments | $825 | $825 | $825 |
Spencer 1 Bedroom Apartments | $1,311 | $799 | $1,848 |
Spencer 2 Bedroom Apartments | $1,542 | $850 | $2,102 |
Spencer 3 Bedroom Apartments | $1,833 | $1,070 | $2,770 |
Browse Top Apartments in Spencer
See all Apartments in SpencerExplore Spencer
Spencer, VA Local Guide
- Nearby Cities
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Cheapest Available Spencer Apartments for Rent and Nearby
 The cheapest available apartment rental in Spencer, VA is a 1 Bed unit found at Farmwood Gardens in the Vernon Farms neighborhood priced from $799. Cedar Green in the Outer Smith Reynolds Airport neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
---|---|---|---|
Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
Cedar Green | 1BR / 1BA | 1BR,1BA | $800 |
1st Month FREE - Hill Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
Lofts at Mill Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $925 |
Ridge View | 2 Bedroom | 2BR,1BA | $926 |
Beltway Park at Winston | Gold | 1BR,1BA | $970 |
Lakemont Apartment Homes | Hampton | 1BR,1BA | $995 |
Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $995 |
Beechwood | Windsor | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Spencer, VA and Nearby
As of June 13, 2025 the best value apartment in the Spencer area is the $1.08 price per square foot DRC 2/1 reg Model at Dan River Crossing in the starting from $1,400. The second greatest value Spencer apartment is the Grandover with Deck Model at Allerton Place starting at $1,460 with a $1.20 price per square foot in the Pearman Estates 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. |
---|---|---|---|
Dan River Crossing | DRC 2/1 reg | 2BR,1BA | $1.08 |
Allerton Place | Grandover with Deck | 3BR,2BA | $1.20 |
Woodland Heights Apartments | 2BR w/ SRM | 2BR,2BA | $1.15 |
Ridge View | 3 Bedroom | 3BR,2BA | $1.02 |
Kensington Place | Magnolia | 2BR,2BA | $1.16 |
Northpointe | 3 | 3BR,2BA | $1.12 |
Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.12 |
Landon Creek Apartments | One Bed, One Bath | 1BR,1BA | $1.16 |
Cedar Green | 1BR / 1BA | 1BR,1BA | $1.14 |
Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, VA Rentals by Map
See the most popular apartments and homes in Spencer, VA
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 $799 at Farmwood Gardens.
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 $899 at Farmwood Gardens.
What is the most affordable Spencer Three Bedroom Apartment?
The best deal on a cheap Spencer Three Bedroom Apartment rental is at Ridge View and starts from $1,070.
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.