Cheap Apartments for Rent in Spencer, IA from $300 (30 Rentals)

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

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UDMO Apartments
1 to 2 Bedroom Apartments

UDMO Apartments

1302-1350 S Grand Plaza DrSpencer, IA 51301
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Dodecagon Plaza
1 to 2 Bedroom Apartments

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
  • Utilities Included
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CHI Spencer
2 Bedroom Apartments

CHI Spencer

502-602 8th StSpencer, IA 51301
  • Utilities Included
property at 551 Lakeview Rd

551 Lakeview Rd

Heron LakeMN56137
property at 808 Hills Ave

808 Hills Ave

JacksonMN56143
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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
  • Utilities Included
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Rolfe 20-Unit
1 to 2 Bedroom Apartments

Rolfe 20-Unit

1106-1108 Elm StRolfe, IA 50581
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Heartland Senior Housing
1 to 2 Bedroom Apartments

Heartland Senior Housing

610 Central AveFort Dodge, IA 50501
Senior Living
  • Utilities Included
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
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Tanglewood Estates
1 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
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919 N 29th St
1 Bedroom Apartments

919 N 29th St

919 N 29th StFort Dodge, IA 50501
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109 E Luverne St
1 to 2 Bedroom Apartments

109 E Luverne St

109 E Luverne StLuverne, MN 56156
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Fonda Apartments
1 to 2 Bedroom Apartments

Fonda Apartments

304 Fairburn StFonda, IA 50540
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Woodland Park - Holstein
1 Bedroom Apartments

Woodland Park - Holstein

400 Minnesota StHolstein, IA 51025
Senior Living
  • Utilities Included

Spencer, IA Local Guide

Cheapest Available Spencer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencer, IA is a 1 Bed unit found at Rolfe 20-Unit priced from $400. Burt 18-Unit (Countryside Properties) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $450. Here is today’s list of the most affordable Spencer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolfe 20-Unit1 Bedroom1BR,1BA$400
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$450
Woodland Park - Manson1 BR1BR,1BA$600
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
Windcrest Village Apartments & TownhomesStudio ApartmentStudio,1BA$720
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$730
Okabena Tower 40+1 BR/1 BA1BR,1BA$785
Seneca Place Apartments2 Bedroom2BR,1BA$850
Lewis Hotel Apartments1 BR1BR,1BA$850

Best Value Apartments for Rent in Spencer, IA and Nearby

As of April 13, 2025 the best value apartment in the Spencer area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Spencer apartment is the 3 Bed 2 Bath Townhome Model at Prairie Trail Village Apartments & Townhomes starting at $1,585 with a $1.24 price per square foot . Here is today’s list of the best values for Spencer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
Prairie Trail Village Apartments & Townhomes3 Bed 2 Bath Townhome3BR,2BA$1.24
Phillips Luxury Apartments1BR1BAb1BR,1BA$1.22
Ashley Estates2 Bedroom - b2BR,2BA$1.19
Seneca Place Apartments2 Bedroom2BR,1BA$1.09
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$1.17
Rolfe 20-Unit2 Bedroom2BR,1BA$0.82
Okabena Tower 40+1 BR/1 BA1BR,1BA$1.31
Woodland Park - Manson1 BR1BR,1BA$1.20

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

Explore Spencer, IA Rentals by Map

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Getting Around Spencer, IA

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Spencer Apartments

What is the Cheapest Studio apartment in Spencer?

Currently the most affordable Cheap Studio Apartment in Spencer is at Windcrest Village Apartments & Townhomes listed at $720.

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

The lowest price for a Cheap One Bedroom Spencer Apartment is $400 at Rolfe 20-Unit.

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

Today's best deal for a Cheap Two Bedroom Apartment in Spencer is starting from $500 at Rolfe 20-Unit.

What is the most affordable Spencer Three Bedroom Apartment?

The best deal on a cheap Spencer Three Bedroom Apartment rental is at Lakeside Apartments and starts from $1,399.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.