
Cheap Apartments for Rent in Spencer, IN from $600 (26 Rentals)
Cheap Apartments in Spencer.


Vivo Living

Sunflower Place

Woodington Management Properties

Woodland Springs

The Annex of Bloomington

Walnut Springs

Union at Crescent
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

The Crossing at Pete Ellis

Acadia Court

Basswood Apartments

Sullivan Building

Summit Pointe

Meadow Park

Fountain Park

Adams Village
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.

Hidden Hills at Oakdale

1310 N Maple St

1306 W 6th St

115 W Temperance St
Spencer, IN Local Guide

How much does it cost to rent an apartment in Spencer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spencer Studio Apartments | $1,231 | $699 | $1,550 |
Spencer 1 Bedroom Apartments | $1,276 | $695 | $2,040 |
Spencer 2 Bedroom Apartments | $1,380 | $855 | $2,700 |
Spencer 3 Bedroom Apartments | $1,770 | $910 | $4,050 |
Spencer 4 Bedroom Apartments | $1,302 | $825 | $4,800 |
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Spencer, IN Local Guide
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Cheapest Available Spencer Apartments for Rent and Nearby
 The cheapest available apartment rental in Spencer, IN is a Studio unit found at Vivo Living in the Downtown Bloomington IN neighborhood priced from $699. Woodington Management Properties in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Spencer apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Vivo Living | Vivo Living - Studios - AVAILABLE NOW Reduced r... | Studio,1BA | $699 |
Woodington Management Properties | Old Towne | Studio,1BA | $800 |
Union at Crescent | 1 Bed 1 Bath | 1BR,1BA | $866 |
Woodland Springs | 2 Bedroom | 2BR,1BA | $890 |
Cedargate | One Bed One Bath | 1BR,1BA | $899 |
The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $900 |
College Square Apartments | The Walnut | 1BR,1BA | $915 |
Acadia Court | Studio | Studio,1BA | $925 |
Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $945 |
3 Square | J | Studio,1BA | $950 |
Best Value Apartments for Rent in Spencer, IN and Nearby
As of May 07, 2025 the best value apartment in the Spencer area is the $1.29 price per square foot Sycamore With Office Model at Forest Ridge in the starting from $1,799. The second greatest value Spencer apartment is the 10 North 2x2 XL Model at The League Bloomington starting at $1,400 with a $1.24 price per square foot in the Downtown Bloomington IN 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. |
---|---|---|---|
Forest Ridge | Sycamore With Office | 3BR,2BA | $1.29 |
The League Bloomington | 10 North 2x2 XL | 2BR,2BA | $1.24 |
Union at Crescent | 3 Bed 2 Bath | 3BR,2BA | $1.59 |
Big Red Apartments | 3 Bed - Upper | 3BR,1BA | $1.67 |
Summit Pointe | Deer Cross | 2BR,1.5BA | $1.18 |
Woodland Springs | 1 Bedroom | 1BR,1BA | $1.08 |
The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.25 |
Meadow Park | The Marigold | 2BR,1BA | $1.73 |
Basswood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.47 |
College Square Apartments | The Walnut | 1BR,1BA | $1.80 |
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Pet Friendly LifestyleSpencer, IN
Ranked #106
Among cities in Indiana for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Spencer, IN
Owen Valley Community High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, IN Rentals by Map
See the most popular apartments and homes in Spencer, IN
Getting Around Spencer, IN
Walk Score®
19 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
21 / 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
What is the Cheapest Studio apartment in Spencer?
Currently the most affordable Cheap Studio Apartment in Spencer is at Vivo Living listed at $699.
How much is rent for a Cheap One Bedroom Spencer Apartment?
The lowest price for a Cheap One Bedroom Spencer Apartment is $800 at Woodland Springs.
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 $890 at Woodland Springs.
What is the most affordable Spencer Three Bedroom Apartment?
The best deal on a cheap Spencer Three Bedroom Apartment rental is at Aspen Bloomington and starts from $1,029.
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 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.

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.