Cheap Homes for Rent in Spencer, IN from $800 (16 Rentals)

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Spencer, IN Local Guide

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 ListingModel NameBed/BathPriced From
Vivo LivingVivo Living - Studios - AVAILABLE NOW Reduced r...Studio,1BA$699
Sunflower II1 Bed, 1 bath1BR,1BA$790
Union at Crescent1 Bed 1 Bath1BR,1BA$866
The Crossing at Pete Ellis1 Bedroom with Loft1BR,1BA$875
Woodland Springs2 Bedroom2BR,1BA$890

Best Value Apartments for Rent in Spencer, IN and Nearby

As of April 04, 2025 the best value apartment in the Spencer area is the $1.59 price per square foot 3 Bed 2 Bath Model at Union at Crescent in the in the Downtown Bloomington IN neighborhood starting from $1,706. The second greatest value Spencer apartment is the 2 Bedroom 1.5 Bathroom - Townhome Model at KINGSTON RIDGE APARTMENTS starting at $925 with a $0.92 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.
Union at Crescent3 Bed 2 Bath3BR,2BA$1.59
KINGSTON RIDGE APARTMENTS2 Bedroom 1.5 Bathroom - Townhome2BR,1.5BA$0.92
The League Bloomington2x22BR,2BA$1.37
Woodland Springs2 Bedroom2BR,1BA$1.06
Summit PointeThe Evergreen1BR,1BA$1.25
The Crossing at Pete Ellis1 Bedroom1BR,1BA$1.25
Fountain ParkThe Poplar1BR,1BA$1.70
Basswood Apartments1 Bedroom 1 Bathroom1BR,1BA$1.47
Sunflower II1 Bed, 1 bath1BR,1BA$1.46
College Square ApartmentsThe Walnut1BR,1BA$1.80

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Frequently Asked Questions about Spencer

What type of rentals are currently available in Spencer?

There are currently 50 Apartments for Rent in Spencer, IN with pricing that ranges from $650 to $2,943. There are also 45 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 $2,398.

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 $2,943, 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 $1,600 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.