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Rent Specials
$695 - $795
Total Monthly Price
Base Rent$695 - $795
Total Monthly Price$695 - $795
Highland Heights 138
138 Wesley DrDanville, VA 24540
Cheap Apartments for Rent near Spencer, VA from $695 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.
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$695
Total Monthly Price
Base Rent$695
Total Monthly Price$695
Willow Creek
201 Audubon DrDanville, VA 24540
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$799 - $8991 to 2 Bedroom Apartments Available Now
Farmwood Gardens
120 Farmwood DrKernersville, NC 27284
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$800 - $1,200
Total Monthly Price
Base Rent$800 - $1,200
Total Monthly Price$800 - $1,200
74-78 Halifax Dr
74-78 Halifax DrCollinsville, VA 24078
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$825 - $1,179Studio to 2 Bedroom Apartments Available Now
Lakemont Apartment Homes
3900 Cotswold AveGreensboro, NC 27410
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$845 - $965
Total Monthly Price
Base Rent$795 - $915
Required Monthly Fees$50
Total Monthly Price$845 - $965
Fayette Street Lofts
62 Fayette StreetMartinsville, VA 24112
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$850 - $8991 to 2 Bedroom Apartments Available Now
Cedar Green
5311 Cedar GreenWalkertown, NC 27051
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$889 - $1,2141 to 2 Bedroom Apartments Available Now
Lofts at Mill Creek Apartments
100 Stagecoach RdWinston-Salem, NC 27105
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$899 - $1,2701 to 2 Bedroom Apartments Available Now
Beechwood Apartments
2700 Cottage PlGreensboro, NC 27455
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.
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$900 - $9752 Bedroom Apartments Available Now
Maple Ridge Apartments
408-410 S Ayersville RdMayodan, NC 27027
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$925
Total Monthly Price
Base Rent$925
Total Monthly Price$925
Lynn Street Lofts
614 Lynn StDanville, VA 24541
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Rent Specials
$945 - $995
Total Monthly Price
Base Rent$945 - $995
Total Monthly PriceVaries
Chief Tassel
51 E Church StMartinsville, VA 24112
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$950 - $1,040
Total Monthly Price
Base Rent$950 - $1,040
Total Monthly Price$950 - $1,040
Beltway Park at Winston
108 Penner StWinston-Salem, NC 27105
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$950
Total Monthly Price
Base Rent$950
Total Monthly Price$950
Meadow Run
101 Wood StMartinsville, VA 24112
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$1,000 - $1,125
Total Monthly Price
Base Rent$1,000 - $1,125
Total Monthly Price$1,000 - $1,125
ONE Ellsworth
1 Ellsworth StMartinsville, VA 24112
41 Meadow Green Rd
BassettVA24055
53 Meadow Green Rd
BassettVA24055
89 Meadow Green Rd
BassettVA24055
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.
1010 Chatham Heights Rd
MartinsvilleVA24112
45 Infinity Dr
MartinsvilleVA24112
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1 to 2 Bedroom Apartments
100 Marshall Way
100 Marshall WayFieldale, VA 24089
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Studio to 2 Bedroom Apartments
Ray Commons
625 Washington StEden, NC 27288
55 Woodcott Rd
FerrumVA24088
433 Virgil H Goode Hwy
BassettVA24055
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1 Bedroom Apartments
224 The Blvd
224 The BlvdEden, NC 27288
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1 to 2 Bedroom Apartments
School Drive Apartments
40 School DrCollinsville, VA 24078
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1 to 2 Bedroom Apartments
Phoenix Cinder
4501 NC Hwy 704Madison, NC 27025
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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1 to 3 Bedroom Apartments
Rise Bridgeview
3520 Drawbridge PkyGreensboro, NC 27410
116 Park St
MartinsvilleVA24112
2785 NC-14
ReidsvilleNC27320
305 Granville St
MartinsvilleVA24112
301 N 7th Ave
MayodanNC27027
125 David Dr
EdenNC27288
967 Frye Rd
StonevilleNC27048
615 Dumaine St
EdenNC27288
1142 Sylvan Ave
MartinsvilleVA24112
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.
5200 Snow Creek Rd
MartinsvilleVA24112
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2 Bedroom Apartments
58 West Apartments
12265 Martinsville HwyDanville, VA 24541
Showing Results 1-38, Page 1 of 1
Spencer, VA Local Guide
Virginia Skies by ncindc is licensed under CC BY 2.0
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 | $1,304 | $799 | $1,595 |
| Spencer 2 Bedroom Apartments | $1,519 | $695 | $1,990 |
| Spencer 3 Bedroom Apartments | $1,879 | $1,150 | $2,475 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Spencer
See all Apartments in SpencerExplore Spencer
Spencer, VA Local Guide
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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 Kernersville 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 $850. 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 | $850 |
| Lofts at Mill Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $889 |
| Beechwood Apartments | Windsor | 1BR,1BA | $899 |
| Maple Ridge Apartments | 2-Bedroom | 2BR,1BA | $900 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1BA | $925 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
| Fayette Street Lofts | Flat | 1BR,1BA | $945 |
| Beltway Park at Winston | Gold | 1BR,1BA | $950 |
| Lakemont Apartment Homes | Hampton | 1BR,1BA | $979 |
Best Value Apartments for Rent in Spencer, VA and Nearby
As of September 12, 2026 the best value apartment in the Spencer area is the $0.90 price per square foot 3/2 50% AMI Model at Ridge View Apartments in the in the Upper Martinsville neighborhood starting from $1,150. The second greatest value Spencer apartment is the 2BR/1.5BA Model at Lynn Street Lofts starting at $925 with a $0.77 price per square foot . 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. |
|---|---|---|---|
| Ridge View Apartments | 3/2 50% AMI | 3BR,2BA | $0.90 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1.5BA | $0.77 |
| Rise Bridgeview | B2 Bronze | 2BR,2BA | $1.25 |
| Dan River Crossing | DRC - 1 | 1BR,1BA | $1.05 |
| Kensington Place | Magnolia | 2BR,2BA | $1.19 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Northpointe | 2 upgrade | 2BR,1.5BA | $1.23 |
| Fayette Street Lofts | Flat | 1BR,1BA | $1.09 |
| Cedar Green | 1BR / 1BA | 1BR,1BA | $1.21 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
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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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.
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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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 Apartments and starts from $1,150.
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.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.