Cheap Apartments for Rent in Spencer, ID from $700 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.

At Home Rexburg

University Gateway

Stone Brook Apartments

Village at Rexburg

Chicane Apartments at the Riverwalk

Black Feather Apartments

Centennial Patio Home Apartments
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Teton Oasis Apartments

Midwest Patio Home Apartments

Hitt Road Patio Home Apartments

Manchester United

Pioneer Crossing

Canyon Land

The Residences at Victory Ranch

106 E 1st S

157 E Elva St

255 E Main St

968 Anne St

520 W 7th S

591 Turin Way

280 E Lorene St

622 Valinda Ln

593 Countryside Ave

1512 N Stevens Dr

371 3rd St

311 E Lorene St
Spencer, ID Local Guide

How much does it cost to rent an apartment in Spencer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spencer Studio Apartments | $1,511 | $950 | $2,500 |
Spencer 1 Bedroom Apartments | $1,564 | $838 | $4,837 |
Spencer 2 Bedroom Apartments | $1,874 | $900 | $6,975 |
Spencer 3 Bedroom Apartments | $2,128 | $1,397 | $4,459 |
Spencer 4 Bedroom Apartments | $1,350 | $1,350 | $1,350 |
Browse Top Apartments in Spencer
See all Apartments in SpencerExplore Spencer
Spencer, ID Local Guide
- Nearby Cities
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Cheapest Available Spencer Apartments for Rent and Nearby
 The cheapest available apartment rental in Spencer, ID is a 1 Bed unit found at At Home Rexburg priced from $860. University Courtyard has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Spencer apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
At Home Rexburg | One Bedroom | 1BR,1BA | $860 |
University Courtyard | 1X1 Unfurnished | 1BR,1BA | $875 |
Village at Rexburg | 1/1.00 | 1BR,1BA | $940 |
Stone Brook Apartments | Teton | 1BR,1BA | $950 |
Black Feather Apartments | 1 Bedrom | 1BR,1BA | $998 |
Mesa Falls Apartments | Private Falls | 1BR,1BA | $1,064 |
Madison Station | 1x1 | 1BR,1BA | $1,099 |
Teton Oasis Apartments | 1 Bedroom/ 1 Bath Floorplan A | 1BR,1BA | $1,150 |
Providence Square | 2x1 | 2BR,1BA | $1,185 |
Manchester United | 1 Bed, 1 bath | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Spencer, ID and Nearby
As of April 29, 2025 the best value apartment in the Spencer area is the $0.73 price per square foot Live/Work Model at Chicane Apartments at the Riverwalk in the in the Downtown Idaho Falls neighborhood starting from $1,750. The second greatest value Spencer apartment is the 3x2.5 TH Model at VALO at Olive Plaza starting at $1,899 with a $1.24 price per square foot in the Downtown Idaho Falls neighborhood. Here is today’s list of the best values for Spencer apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Chicane Apartments at the Riverwalk | Live/Work | Studio ,1BA | $0.73 |
VALO at Olive Plaza | 3x2.5 TH | 3BR,2.5BA | $1.24 |
Sparrow Hill Apartments | 2 bedroom 2 bath | 2BR,2BA | $1.40 |
Sage Point Village | 2x2 - 3rd Floor - $1,375 | 2BR,2BA | $1.29 |
Canyon Land | 2 Beds, 1 bath | 2BR,1BA | $1.56 |
Manchester United | 1 Bed, 1 bath | 1BR,1BA | $1.55 |
Teton Oasis Apartments | 1 Bedroom/ 1 Bath Floorplan A | 1BR,1BA | $1.59 |
Mesa Falls Apartments | Private Falls | 1BR,1BA | $1.54 |
Stone Brook Apartments | Teton | 1BR,1BA | $1.41 |
Village at Rexburg | 1/1.00 | 1BR,1BA | $1.42 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Spencer, ID
Walk Score®
8 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
13 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Spencer Apartments
How much is rent for a Cheap One Bedroom Spencer Apartment?
The lowest price for a Cheap One Bedroom Spencer Apartment is $860 at At Home Rexburg.
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 $900 at At Home Rexburg.
What is the most affordable Spencer Three Bedroom Apartment?
The best deal on a cheap Spencer Three Bedroom Apartment rental is at Black Feather Apartments and starts from $1,397.
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.

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.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.