340 N Wayne St
WaterlooIN46793
Cheap Homes for Rent in Spencerville, IN from $800 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Spencerville.
209 S Ijams St
GarrettIN46738
202 N Jackson St
AuburnIN46706
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.
1000 Old Brick Rd
AuburnIN46706
3516 Kendale Dr
Fort WayneIN46835
4353 N County Rd
SpencervilleIN46788
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.
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Spencerville, IN Local Guide
Very corny picture by Dave Herrmann is licensed under CC BY 2.0
How much does it cost to rent a home in Spencerville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencerville 2 Bedroom Homes for Rent | $2,074 | $1,000 | $2,530 |
| Spencerville 3 Bedroom Homes for Rent | $1,780 | $880 | $2,100 |
| Spencerville 4 Bedroom Homes for Rent | $2,174 | $1,949 | $2,500 |
| Spencerville 5 Bedroom Homes for Rent | $2,150 | $1,500 | $2,800 |
Browse Top Homes for Rent in Spencerville
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Spencerville, IN Local Guide
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Cheapest Available Spencerville Apartments for Rent and Nearby
The cheapest available apartment rental in Spencerville, IN is a Studio unit found at Fountain Lake Apartment Homes in the Northeast Fort Wayne neighborhood priced from $780. Graystone Apartments in the Northeast Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here is today’s list of the most affordable Spencerville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Fountain Lake Apartment Homes | Trevi | Studio,1BA | $780 |
| Graystone Apartments | Graystone Apartments 1bed studio | Studio,1BA | $790 |
| Wallen Hills Apartments | Ivywood | Studio,1BA | $833 |
Best Value Apartments for Rent in Spencerville, IN and Nearby
As of May 07, 2026 the best value apartment in the Spencerville area is the $1.13 price per square foot Two Bedroom Model at Huntertown Apartments in the in the Outer Northside neighborhood starting from $1,695. The second greatest value Spencerville apartment is the Villa Model at Villas for Rent by Capital Property Management, LLC starting at $1,895 with a $1.30 price per square foot in the Pine Valley neighborhood. Here is today’s list of the best values for Spencerville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Villas for Rent by Capital Property Management, LLC | Villa | 3BR,2.5BA | $1.30 |
| 7819 Stellhorn Rd | 7819 | 2BR,2BA | $1.12 |
| Redwood Fort Wayne Wallen Road | Forestwood | 2BR,2BA | $1.36 |
| Evard Place - Solar Powered | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| Woodbridge Apartments | Mahogany | 2BR,1BA | $1.27 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
| Windsor Oaks | The Hickory | 2BR,1BA | $1.28 |
| St Joe Place | 2x2 | 2BR,2BA | $0.80 |
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.
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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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See the most popular apartments and homes in Spencerville, IN
Frequently Asked Questions about Spencerville
What type of rentals are currently available in Spencerville?
There are currently 42 Apartments for Rent in Spencerville, IN with pricing that ranges from $585 to $2,500. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencerville ranging from $800 to $2,800.
What is the current price range for Rental Homes in Spencerville?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spencerville ranges from $800 to $2,800 with an average monthly rent of $1,813.
How much are larger Three and Four Bedroom Rentals in Spencerville?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Spencerville range from $1,459 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $880 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,949 and Four Bedroom Apartments start at $585.
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.