
Cheap Homes for Rent in Spencerville, OH from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Spencerville.


202 N Meridian St
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.

104 W High St

1424 W Hickory St

331.5 N Jameson Ave

847 Greenvale Ave

342 Lincoln Hwy E

815 W Main St

402 N Nixon Ave

615 W South St
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.
Spencerville, OH Local Guide

How much does it cost to rent a home in Spencerville?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spencerville 2 Bedroom Homes for Rent | $1,099 | $750 | $1,895 |
Spencerville 3 Bedroom Homes for Rent | $1,572 | $900 | $2,300 |
Spencerville 4 Bedroom Homes for Rent | $1,825 | $1,450 | $2,250 |
Spencerville 5 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Top Homes for Rent in Spencerville
Explore Spencerville
Spencerville, OH Local Guide
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Cheapest Available Spencerville Apartments for Rent and Nearby
 The cheapest available apartment rental in Spencerville, OH is a 2 Beds unit found at 43 Town Square priced from $595. Mt. Vernon Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Spencerville apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
43 Town Square | 2 Bedroom | 2BR,1BA | $595 |
Mt. Vernon Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $700 |
Apple Glen | 2 Bedroom Unit | 2BR,1BA | $712 |
Best Value Apartments for Rent in Spencerville, OH and Nearby
As of May 27, 2025 the best value apartment in the Spencerville area is the $1.00 price per square foot Market St. Model at 2563 W Market St in the starting from $1,200. The second greatest value Spencerville apartment is the 2 Bedroom Model at 43 Town Square starting at $595 with a $0.59 price per square foot . 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. |
---|---|---|---|
2563 W Market St | Market St. | 2BR,1BA | $1.00 |
43 Town Square | 2 Bedroom | 2BR,1BA | $0.59 |
The Annex of Lima | 2 Bed 2 Bath | 2BR,2BA | $0.75 |
Partridge Place | 2 Bedroom Unit | 2BR,1.5BA | $0.74 |
Wellington Place | 2 Bedroom Unit | 2BR,1.5BA | $0.89 |
Apple Glen | 2 Bedroom Unit | 2BR,1BA | $0.82 |
Brookstone Apartments | 2x1 | 2BR,1BA | $1.10 |
OAK TERRACE APARTMENTS | Apartment 2bd flat | 2BR,1BA | $1.07 |
Arlington Place | 2 Bedroom | 2BR,1BA | $1.12 |
Senior Homes of Findlay | 1A | 1BR,1BA | $1.09 |
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.
Frequently Asked Questions about Spencerville
What type of rentals are currently available in Spencerville?
There are currently 55 Apartments for Rent in Spencerville, OH with pricing that ranges from $699 to $2,400. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencerville ranging from $650 to $2,400.
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 $650 to $2,400 with an average monthly rent of $1,524.
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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.