Cheap Apartments for Rent in Spencer, SD from $500 (17 Rentals)

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Explore the Best Cheap Apartments in Spencer for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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Cathedral Square II
from $7671 Bedroom Apartments

Cathedral Square II

500 N Langdon StMitchell, SD 57301
Senior Living
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Greenridge Apartments
Rent Specials
from $7891 Bedroom Apartments

Greenridge Apartments

1500 N Kimball StMitchell, SD 57301
Senior Living
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Spencer, SD Local Guide

Cheapest Available Spencer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencer, SD is a 1 Bed unit found at Lake Area Townhomes priced from $810. Marion Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here is today’s list of the most affordable Spencer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lake Area Townhomes1 Bedroom1BR,1BA$810
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$815
University Hills VillageStudio - 559 sqftStudio,1BA$825
Flats on HavensPalmerStudio,1BA$840
West Oaks EstatesEfficiency UnitStudio,1BA$849

Best Value Apartments for Rent in Spencer, SD and Nearby

As of December 30, 2024 the best value apartment in the Spencer area is the $1.21 price per square foot 3 Bedroom, 2 Bathroom Model at Lobelia & Bison Trail Townhomes in the starting from $1,645. The second greatest value Spencer apartment is the 2 Bedroom Model at Lake Area Townhomes starting at $1,240 with a $1.00 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.
Lobelia & Bison Trail Townhomes3 Bedroom, 2 Bathroom3BR,2BA$1.21
Lake Area Townhomes2 Bedroom2BR,2.5BA$1.00
Fifth Street Apartments & TownhousesUpper Apartment3BR,2BA$1.20
Stoney Creek Townhomes3 Bedroom 1.5 Bathroom3BR,1.5BA$0.97
Boulder Creek Townhomes2bd2ba2BR,2BA$1.08
Silos at Ellis CrossingApartment Style - 2 Bedroom 2 Bathroom2BR,2BA$1.23
Maple Pass Apartments & Townhomes2 Bed 1 Bath Apartment2BR,1BA$1.14
Parkview Apartments and Townhomes2 bedroom apartment2BR,1BA$1.20
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$1.10
Sunset Villas Apartments1 Bed 1 Bath1BR,1BA$1.27

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Spencer, SD Rentals by Map

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See the most popular apartments and homes in Spencer, SD

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Getting Around Spencer, SD

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 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 University Hills Village listed at $825.

How much is rent for a Cheap One Bedroom Spencer Apartment?

The lowest price for a Cheap One Bedroom Spencer Apartment is $810 at Lake Area Townhomes.

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 $865 at Sunset Villas Apartments.

What is the most affordable Spencer Three Bedroom Apartment?

The best deal on a cheap Spencer Three Bedroom Apartment rental is at Stoney Creek Townhomes and starts from $1,060.

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.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.