Cheap Apartments for Rent in Spencerville, IN from $500 (16 Rentals)

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

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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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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Montrose Square
Studio to 2 Bedroom Apartments

Montrose Square

6531 Emmons DrFort Wayne, IN 46835
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-16, Page 1 of 1

Spencerville, IN Local Guide

Cheapest Available Spencerville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencerville, IN is a Studio unit found at Shoaff Park Villas in the Northeast Fort Wayne neighborhood priced from $645. Graystone Apartments in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here is today’s list of the most affordable Spencerville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shoaff Park VillasStudio, 1 bathStudio,1BA$645
Graystone ApartmentsGraystone Apartments 1bed studio1BR,1BA$790
Wallen Hills ApartmentsIvywoodStudio,1BA$818
Wood Creek ApartmentsThe Dogwood1BR,1BA$900
Blackhawk ApartmentsMaple2BR,1BA$929

Best Value Apartments for Rent in Spencerville, IN and Nearby

As of June 25, 2025 the best value apartment in the Spencerville area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Spencerville apartment is the The Camellia - Premium Model at Reserve at Dawson's Creek starting at $1,813 with a $1.10 price per square foot in the Northwest Fort Wayne neighborhood. Here is today’s list of the best values for Spencerville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.85
Reserve at Dawson's CreekThe Camellia - Premium2BR,2BA$1.10
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$0.87
Evard Place - Solar Powered2 Bedroom 2 Bath2BR,2BA$1.07
Copper Creek VillasCopper Creek Townhome3BR,2.5BA$1.23
BONTERRA APARTMENTSBarbera3BR,2BA$1.31
Redwood Fort Wayne Wallen RoadForestwood2BR,2BA$1.33
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.03
Windsor OaksThe Cedar1BR,1BA$1.26
St Joe Place2x22BR,2BA$0.80

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Spencerville, IN

Ranked #180

Among cities in Indiana for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Spencerville, IN Rentals by Map

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See the most popular apartments and homes in Spencerville, IN

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Frequently Asked Questions about Cheap Spencerville Apartments

How much is rent for a Cheap One Bedroom Spencerville Apartment?

The lowest price for a Cheap One Bedroom Spencerville Apartment is $784 at Blackhawk Apartments.

What is the lowest price for a Cheap Two Bedroom Spencerville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Spencerville is starting from $929 at Blackhawk Apartments.

What is the most affordable Spencerville Three Bedroom Apartment?

The best deal on a cheap Spencerville Three Bedroom Apartment rental is at Blackhawk Apartments and starts from $1,253.

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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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.

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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.

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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.