Cheap Apartments for Rent in Spencer, VA from $700 (37 Rentals)

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

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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
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Rise Bridgeview
1 to 3 Bedroom Apartments

Rise Bridgeview

3520 Drawbridge PkyGreensboro, NC 27410

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Showing Results 1-37, Page 1 of 1

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
224 The Blvd1 Bed / 1 Bath1BR,1BA$850
Hill Court Apartments1 Bed 1 Bath1BR,1BA$875
School Drive ApartmentsOne Bedroom1BR,1BA$921
Lakemont Apartment HomesHampton1BR,1BA$949
Beltway Park at WinstonGold1BR,1BA$950
Lofts at Mill Creek Apartments1 Bed 1 Bath1BR,1BA$965
Chief TasselOne Bed - Unfurnished1BR,1BA$995

Best Value Apartments for Rent in Spencer, VA and Nearby

As of September 16, 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 2 Bed/1 Bath Model at 58 West Apartments starting at $1,250 with a $1.09 price per square foot . 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
58 West Apartments2 Bed/1 Bath2BR,1BA$1.09
Woodland Heights Apartments3BR , 2BA3BR,2BA$1.20
Dan River CrossingDRC - 11BR,1BA$1.05
Kensington PlaceMagnolia2BR,2BA$1.16
Terrace Oaks & Olde BattlegroundThe Lindley2BR,2BA$1.19
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.12
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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.