5221 Raubs Ln
EllettsvilleIN47429
Cheap Homes for Rent in Spencer, IN from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.
1306 W 6th St
BloomingtonIN47404
943.5 Jackson St
BloomingtonIN47404
1017 W 11th St
BloomingtonIN47404
115 W Temperance St
EllettsvilleIN47429
421 W 6th St
BloomingtonIN47404
615 N Lincoln St
BloomingtonIN47408
1212 W Kirkwood Ave
BloomingtonIN47404
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Spencer, IN Local Guide
Sunset over train tracks by A.Robillard is licensed under CC BY 2.0
How much does it cost to rent a home in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer 2 Bedroom Homes for Rent | $1,291 | $850 | $1,700 |
| Spencer 3 Bedroom Homes for Rent | $2,013 | $1,425 | $3,500 |
| Spencer 4 Bedroom Homes for Rent | $2,108 | $1,845 | $2,400 |
| Spencer 5 Bedroom Homes for Rent | $5,450 | $3,800 | $6,500 |
Browse Top Homes for Rent in Spencer
Explore Spencer
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. Sunflower II in the Downtown Bloomington IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. 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 |
| Sunflower II | 1 Bed, 1 bath | 1BR,1BA | $790 |
| Woodington Management Properties | Old Towne | Studio,1BA | $800 |
Best Value Apartments for Rent in Spencer, IN and Nearby
As of March 25, 2025 the best value apartment in the Spencer area is the $1.35 price per square foot 3 Bed 2 Bath Model at Union at Crescent in the in the Downtown Bloomington IN neighborhood starting from $1,448. The second greatest value Spencer apartment is the The Sanders on the Boardwalk Model at Adams Village starting at $1,690 with a $1.58 price per square foot . 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. |
|---|---|---|---|
| Union at Crescent | 3 Bed 2 Bath | 3BR,2BA | $1.35 |
| Adams Village | The Sanders on the Boardwalk | 2BR,2BA | $1.58 |
| Wick Lifestyle Apartments | Small Ranch | 3BR,2BA | $1.81 |
| Big Red Apartments | 3 Bedroom 2 Bath Upper | 3BR,2BA | $1.81 |
| Forest Ridge | Chestnut | 2BR,2BA | $1.45 |
| The League Bloomington | 2x2 | 2BR,2BA | $1.37 |
| Woods at Latimer (1 bed/1 bath community) | Silvertree with Garage | 1BR,1BA | $1.81 |
| The Crossing at Pete Ellis | 1 Bedroom | 1BR,1BA | $1.25 |
| Sunflower II | 1 Bed, 1 bath | 1BR,1BA | $1.46 |
| College Square Apartments | The Walnut | 1BR,1BA | $1.80 |
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Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 49 Apartments for Rent in Spencer, IN with pricing that ranges from $695 to $5,150. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $850 to $6,500.
What is the current price range for Rental Homes in Spencer?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Spencer ranges from $850 to $6,500 with an average monthly rent of $2,427.
How much are larger Three and Four Bedroom Rentals in Spencer?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Spencer range from $950 to $5,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,845 and Four Bedroom Apartments start at $875.
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.