
Cheap Homes for Rent in Spencer, VA from $300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


41 Meadow Green Rd

902 Fern St

832 Smith St

120 David Dr

125 David Dr
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.

45 Woodcott Rd

5836 Franklin St

167 Laurel Gate Cir

114 Lombardy Ct

7734 US-29

433 Virgil H Goode Hwy
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.
Spencer, VA Local Guide

How much does it cost to rent a home in Spencer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spencer 2 Bedroom Homes for Rent | $1,064 | $750 | $1,800 |
Spencer 3 Bedroom Homes for Rent | $1,564 | $750 | $2,995 |
Spencer 4 Bedroom Homes for Rent | $3,095 | $2,990 | $3,200 |
Browse Top Homes for Rent in Spencer
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fieldale Apartments | 1 Bedroom | 1BR,1BA | $795 |
Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
Cedar Green | 1BR / 1BA | 1BR,1BA | $800 |
Hill Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
Lofts at Mill Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $925 |
Best Value Apartments for Rent in Spencer, VA and Nearby
As of July 27, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ridge View | 3/2 60% AMI | 3BR,2BA | $1.00 |
58 West Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.09 |
Woodland Heights Apartments | 3BR , 2BA | 3BR,2BA | $1.20 |
Landon Creek Apartments | Two Bed, Two Bath | 2BR,2BA | $1.23 |
Dan River Crossing | DRC - 1 | 1BR,1BA | $1.05 |
Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.12 |
Fieldale Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
Northpointe | 2 upgrade | 2BR,1.5BA | $1.14 |
Cedar Green | 1BR / 1BA | 1BR,1BA | $1.14 |
Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
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Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 43 Apartments for Rent in Spencer, VA with pricing that ranges from $795 to $5,103. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $375 to $3,200.
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 $375 to $3,200 with an average monthly rent of $1,442.
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.