
Cheap Apartments for Rent in Spencer, ID from $700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.


University Gateway

Village at Rexburg

Black Feather Apartments

Centennial Patio Home Apartments

Providence Square

Teton Oasis Apartments

Eagles Landing

Pioneer Crossing

Manchester United

Hitt Road Patio Home Apartments

The Residences at Victory Ranch

The Lofts on Broadway

106 E 1st S

157 E Elva St

968 Anne St

1923 W 2870 S

215 W Ctr St

520 W 7th S

280 E Lorene St

591 Turin Way

371 3rd 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 | $1,683 | $950 | $2,500 |
Spencer 1 Bedroom Apartments | $1,593 | $860 | $4,543 |
Spencer 2 Bedroom Apartments | $1,873 | $900 | $6,824 |
Spencer 3 Bedroom Apartments | $2,216 | $1,397 | $4,164 |
Spencer 4 Bedroom Apartments | $1,350 | $1,350 | $1,350 |
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Spencer, ID Local Guide
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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 Village at Rexburg priced from $940. Stone Brook Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Spencer apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Village at Rexburg | 1/1.00 | 1BR,1BA | $940 |
Stone Brook Apartments | Teton | 1BR,1BA | $950 |
Black Feather Apartments | 1 Bedrom | 1BR,1BA | $998 |
Madison Station | 1x1 | 1BR,1BA | $1,099 |
Midwest Patio Home Apartments | Single Level Patio Home w/ Garage Included | 1BR,1BA | $1,150 |
Eagles Landing | Talon | 1BR,1BA | $1,240 |
Pioneer Crossing | A2 | 1BR,1BA | $1,274 |
Centennial Patio Home Apartments | 2 Bedroom, 1 Bathroom w/ Garage Included | 2BR,1BA | $1,275 |
Hitt Road Patio Home Apartments | 1 Bedroom, 1 Bathroom w/ Garage Included | 1BR,1BA | $1,275 |
Manchester United | 1 Bed, 1 bath | 1BR,1BA | $1,275 |
Best Value Apartments for Rent in Spencer, ID and Nearby
As of April 04, 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 2x2 TH Model at VALO at Olive Plaza starting at $1,799 with a $1.37 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 | 2x2 TH | 2BR,2BA | $1.37 |
Sparrow Hill Apartments | 2 bedroom 2 bath | 2BR,2BA | $1.40 |
Sage Point Village | 2x2 - 3rd Floor - $1,375 | 2BR,2BA | $1.29 |
Teton Oasis Apartments | 2 Bedroom/ 2 Bath | 2BR,2BA | $1.39 |
The Residences at First Street | The Bungalow | 2BR,1BA | $1.57 |
Manchester United | 1 Bed, 1 bath | 1BR,1BA | $1.55 |
Centennial Patio Home Apartments | 2 Bedroom, 1 Bathroom w/ Garage Included | 2BR,1BA | $1.63 |
Stone Brook Apartments | Teton | 1BR,1BA | $1.41 |
Village at Rexburg | 1/1.00 | 1BR,1BA | $1.42 |
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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 $940 at Village at 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 $1,194 at Black Feather Apartments.
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.

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.

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.

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.