Cheap Apartments for Rent in Spencerville, OH from $500 (48 Rentals)

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Melford Village
2 to 4 Bedroom Apartments

Melford Village

600 S College StSpencerville, OH 45887

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.

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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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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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1 Edgebrook Dr
1 Bedroom Apartments

1 Edgebrook Dr

1 Edgebrook DrWapakoneta, OH 45895
Corporate Housing
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Partridge Place
1 to 3 Bedroom Apartments

Partridge Place

400 Partridge Place DrPaulding, OH 45879
  • Utilities Included

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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Wellington Place
1 to 3 Bedroom Apartments

Wellington Place

1350 N Locust StOttawa, OH 45875
  • Utilities Included
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Arlington Place
2 Bedroom Apartments

Arlington Place

530 Degler StDefiance, OH 43512
  • Utilities Included
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Lee Manor
1 Bedroom Apartments

Lee Manor

818 W Chillicothe AveBellefontaine, OH 43311

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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Normandy Ridge
2 to 3 Bedroom Apartments

Normandy Ridge

402 Ashland AveWapakoneta, OH 45895
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Spencerville, OH Local Guide

Cheapest Available Spencerville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencerville, OH is a 1 Bed unit found at Town Square Senior Apartments - 62+ or HUD priced from $225. Partridge Place has the second lowest priced unit, which is a 2 Beds apartment currently listed from $683. Here is today’s list of the most affordable Spencerville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Square Senior Apartments - 62+ or HUD1 Bedroom1BR,1BA$225
Partridge Place2 Bedroom Unit2BR,1BA$683
Mark Royal1 Bed, 1 bath1BR,1BA$738
Royal Jameson1 Bed, 1 bath1BR,1BA$738
EAGLES POINT APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$745
Woodlynn ApartmentsWoodlynn Apartments2BR,1BA$750
Spacious Living at Heritage Lofts, PiquaHeritage Lofts: StudioStudio,1BA$775
Vibrant City Living at Tower Lofts, SidneyTower Lofts: Studio (MR)Studio,1BA$825
Wellington Place2 Bedroom Unit2BR,1BA$850
113 N Ohio AveThe CanalStudio,1BA$900

Best Value Apartments for Rent in Spencerville, OH and Nearby

As of April 29, 2026 the best value apartment in the Spencerville area is the $0.33 price per square foot 3 Bed 3 Bath Model at The Annex of Lima in the starting from $519. The second greatest value Spencerville apartment is the 3 Bed, 1.5 Bath Townhome Model at Whispering Pines Apartments starting at $1,025 with a $0.84 price per square foot . 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.
The Annex of Lima3 Bed 3 Bath3BR,3BA$0.33
Whispering Pines Apartments3 Bed, 1.5 Bath Townhome3BR,1.5BA$0.84
2563 W Market StMarket St.2BR,1BA$1.00
Wood Street LoftsTwo Bedrooms2BR,2BA$1.06
43 Town Square2 Bedroom2BR,1BA$0.95
Partridge Place2 Bedroom Unit2BR,1.5BA$0.71
Wellington Place2 Bedroom Unit2BR,1.5BA$0.93
EAGLES POINT APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.85
Woodlynn ApartmentsWoodlynn Apartments2BR,1BA$0.92
Town Square Senior Apartments - 62+ or HUD1 Bedroom1BR,1BA$0.45

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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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Spencerville, OH

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Frequently Asked Questions about Cheap Spencerville Apartments

What is the Cheapest Studio apartment in Spencerville?

Currently the most affordable Cheap Studio Apartment in Spencerville is at Spacious Living at Heritage Lofts, Piqua listed at $775.

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

The lowest price for a Cheap One Bedroom Spencerville Apartment is $225 at Town Square Senior Apartments - 62+ or HUD.

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 $683 at Partridge Place.

What is the most affordable Spencerville Three Bedroom Apartment?

The best deal on a cheap Spencerville Three Bedroom Apartment rental is at Whispering Pines Apartments and starts from $1,025.

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

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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.