2712 Rakes Rd
Rocky MountVA24151
Cheap Homes for Rent in Spencer, VA from $600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
8 Circle Dr
MartinsvilleVA24112
6 Circle Dr
MartinsvilleVA24112
10 Circle Dr
MartinsvilleVA24112
705 4th St
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.
1789 Stultz Rd
MartinsvilleVA24112
227 Wingfield St
MartinsvilleVA24112
808 D St
MartinsvilleVA24112
7 Chestnut St
FieldaleVA24089
615 Dumaine St
EdenNC27288
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
728 Davis St
EdenNC27288
614 Clift St
MartinsvilleVA24112
483 Virgil H Goode Hwy
BassettVA24055
515 Price St
ReidsvilleNC27320
704A Irving Ave
EdenNC27288
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.
2280 Oak Level Rd
BassettVA24055
5109 Dry Fork Rd
Dry ForkVA24549
Showing Results 1-17, 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 a home in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer 2 Bedroom Homes for Rent | $960 | $700 | $1,300 |
| Spencer 3 Bedroom Homes for Rent | $1,502 | $1,200 | $2,295 |
| Spencer 4 Bedroom Homes for Rent | $2,166 | $1,500 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Spencer
Explore 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 2 Beds unit found at Highland Heights 138 priced from $695. Willow Creek Apartments (201 Audubon Dr) has the second lowest priced unit, which is a 2 Beds apartment currently listed from $725. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Heights 138 | 2BR/1.0BA | 2BR,1BA | $695 |
| Willow Creek Apartments (201 Audubon Dr) | 2BR/1.0BA | 2BR,1BA | $725 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $795 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $800 |
Best Value Apartments for Rent in Spencer, VA and Nearby
As of May 08, 2026 the best value apartment in the Spencer area is the $1.28 price per square foot 2BR/2.0BA Model at Dan River Crossing in the starting from $1,650. The second greatest value Spencer apartment is the 2BR/2.0BA Model at Lynn Street Lofts starting at $929 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. |
|---|---|---|---|
| Dan River Crossing | 2BR/2.0BA | 2BR,2BA | $1.28 |
| Lynn Street Lofts | 2BR/2.0BA | 2BR,2BA | $0.77 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.75 |
| Rise Bridgeview | B2 Bronze | 2BR,2BA | $1.25 |
| Highland Heights 138 | 2BR/1.0BA | 2BR,1BA | $0.69 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $0.88 |
| Beltway Park at Winston | Platinum | 1BR,1BA | $1.25 |
| Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $1.23 |
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 Article
Real 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Explore Spencer, VA Rentals by Map
See the most popular apartments and homes in Spencer, VA
Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 51 Apartments for Rent in Spencer, VA with pricing that ranges from $695 to $2,190. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $650 to $2,500.
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 $650 to $2,500 with an average monthly rent of $1,316.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.