Cheap Apartments for Rent in Spencer, VA from $700 (40 Rentals)

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

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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Unexpected life events can force you to break your lease. Learn how to communicate with your landlord, negotiate a solution, and understand your legal options for early termination.

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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288
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602 Henry St
Studio to 2 Bedroom Apartments

602 Henry St

602 Henry StEden, NC 27288

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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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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Spencer, VA Local Guide

Cheapest Available Spencer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencer, VA is a 1 Bed unit found at Fieldale Apartments priced from $795. Farmwood Gardens in the Vernon Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Spencer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fieldale Apartments1 Bedroom1BR,1BA$795
Farmwood Gardens1x11BR,1BA$799
Cedar Green1BR / 1BA1BR,1BA$825
Hill Court Apartments1 Bed 1 Bath1BR,1BA$875
Lofts at Mill Creek Apartments1 Bed 1 Bath1BR,1BA$909
Beltway Park at WinstonGold1BR,1BA$970
Chief TasselOne Bed - Unfurnished1BR,1BA$995
Lakemont Apartment HomesHampton1BR,1BA$995
58 West Apartments2 Bed /1.5 Bath2BR,1BA$1,000
BeechwoodWindsor1BR,1BA$1,025

Best Value Apartments for Rent in Spencer, VA and Nearby

As of August 01, 2025 the best value apartment in the Spencer area is the $1.00 price per square foot 3/2 60% AMI Model at Ridge View in the in the Upper Martinsville neighborhood starting from $1,284. The second greatest value Spencer apartment is the B3 Upgraded Model at Rise Bridgeview starting at $1,509 with a $1.26 price per square foot in the Forest Valley 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.
Ridge View3/2 60% AMI3BR,2BA$1.00
Rise BridgeviewB3 Upgraded2BR,2BA$1.26
58 West Apartments2 Bed/1 Bath2BR,1BA$1.09
Woodland Heights Apartments3BR , 2BA3BR,2BA$1.20
Dan River CrossingDRC - 11BR,1BA$1.05
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.12
Allerton PlaceBel-aire with Sunroom1BR,1BA$1.23
Fieldale Apartments1 Bedroom1BR,1BA$0.88
Cedar Green1BR / 1BA1BR,1BA$1.18
Farmwood Gardens1x11BR,1BA$1.18

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

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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 $795 at Fieldale 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 $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 Hill Court Apartments and starts from $1,181.

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.

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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.