
Cheap Apartments for Rent in Spencer, NC from $600 (11 Rentals)
Cheap Apartments in Spencer.


Lakewood I and II Apartment Homes

Lexington Park Apartments

North Point and Hallmark Apartments
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.

640 Wilson Street

526 E Fisher St

Alexander Station Apartment Homes
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.
Spencer, NC Local Guide

How much does it cost to rent an apartment in Spencer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spencer Studio Apartments | $1,328 | $675 | $2,732 |
Spencer 1 Bedroom Apartments | $1,481 | $745 | $2,925 |
Spencer 2 Bedroom Apartments | $1,623 | $825 | $3,389 |
Spencer 3 Bedroom Apartments | $1,703 | $1,066 | $2,658 |
Spencer 4 Bedroom Apartments | $1,923 | $1,330 | $2,269 |
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Spencer, NC Local Guide
- Spencer Neighborhoods
- Nearby Cities
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Cheapest Available Spencer Apartments for Rent and Nearby
 The cheapest available apartment rental in Spencer, NC is a 1 Bed unit found at 27 Hege Drive in the Davidson neighborhood priced from $725. Lakewood I and II Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $745. Here is today’s list of the most affordable Spencer apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
27 Hege Drive | 1/1 | 1BR,1BA | $725 |
Lakewood I and II Apartment Homes | Studio | Studio,1BA | $745 |
Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $750 |
Lexington Park Apartments | 2B/1B | 1BR,1BA | $849 |
640 Wilson Street | 656 Wilson Street | 1BR,1BA | $895 |
Best Value Apartments for Rent in Spencer, NC and Nearby
As of May 08, 2025 the best value apartment in the Spencer area is the $1.11 price per square foot 2 bedroom 1 bathroom Model at Nu Salisbury South in the starting from $1,225. The second greatest value Spencer apartment is the 2 Bedroom Model at Washington Building starting at $1,250 with a $1.14 price per square foot in the Davidson 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. |
---|---|---|---|
Nu Salisbury South | 2 bedroom 1 bathroom | 2BR,1BA | $1.11 |
Washington Building | 2 Bedroom | 2BR,2BA | $1.14 |
Forest Village | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.21 |
Laurel Pointe | 2A | 2BR,2BA | $1.03 |
Oak Ridge Duplexes | 2BR/1.5BA | 2BR,1.5BA | $1.26 |
Chesney Woods Apartment Homes | 2D | 2BR,1.5BA | $1.28 |
Lexington Park Apartments | 1B/1B | 1BR,1BA | $0.94 |
306 N Jackson St | 2 Bedroom | 2BR,2BA | $1.25 |
640 Wilson Street | 656 Wilson Street | 1BR,1BA | $1.12 |
Wiley School Apartments | 1 BR 1BA | 1BR,1BA | $1.14 |
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Best Local Schools in Spencer, NC
School data provided by Great Schools
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Getting Around Spencer, NC
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 Lakewood I and II Apartment Homes listed at $745.
How much is rent for a Cheap One Bedroom Spencer Apartment?
The lowest price for a Cheap One Bedroom Spencer Apartment is $725 at 27 Hege Drive.
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 $1,005 at Lakewood I and II Apartment Homes.
What is the most affordable Spencer Three Bedroom Apartment?
The best deal on a cheap Spencer Three Bedroom Apartment rental is at Laurel Pointe and starts from $1,204.
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.