close
View Me
from $7402 Bedroom Apartments Contact Us For Availability
Heritage High Apartments
210 W Center StMadison, SD 57042
Cheap Apartments for Rent in Spencer, SD from $300 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Spencer.
close
View Me
Rent Specials
from $745Studio to 2 Bedroom Apartments Available Now
University Hills Village
4501 N Graduate AveSioux Falls, SD 57107
close
View Me
from $7902 to 3 Bedroom Apartments Available Now
Stoney Creek Townhomes
7412 W Stoney Creek StSioux Falls, SD 57106
close
View Me
from $7901 to 3 Bedroom Apartments Available Mar 10
Wheatridge Apartments
1020 W Norway AveMitchell, SD 57301
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-9, Page 1 of 1
Spencer, SD Local Guide
South Dakota grasslands by Lars Plougmann is licensed under CC BY 2.0
How much does it cost to rent an apartment in Spencer?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spencer Studio Apartments | $941 | $745 | $1,321 |
| Spencer 1 Bedroom Apartments | $1,102 | $790 | $2,161 |
| Spencer 2 Bedroom Apartments | $1,386 | $740 | $3,496 |
| Spencer 3 Bedroom Apartments | $1,692 | $399 | $2,810 |
Browse Top Apartments in Spencer
See all Apartments in SpencerExplore Spencer
Spencer, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. University Hills Village has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Spencer apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lake Area Townhomes | 1 Bedroom | 1BR,1BA | $810 |
| University Hills Village | Studio - 559 sqft | Studio,1BA | $825 |
| Stoney Creek Townhomes | 2 Bedroom 1.5 Bathroom | 2BR,1BA | $835 |
Best Value Apartments for Rent in Spencer, SD and Nearby
As of February 26, 2025 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lobelia & Bison Trail Townhomes | 3 Bedroom, 2 Bathroom | 3BR,2BA | $1.21 |
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Fifth Street Apartments & Townhouses | Upper Apartment | 3BR,2BA | $1.20 |
| Maple Pass Apartments & Townhomes | 3 Bed 2 Bath Apartment | 3BR,2BA | $1.03 |
| Marion Crossing Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.06 |
| Stoney Creek Townhomes | 3 Bedroom 1.5 Bathroom | 3BR,1.5BA | $1.00 |
| Boulder Creek Townhomes | 2bd/2ba Remodel | 2BR,2BA | $1.15 |
| West Briar Estates | 2 Bedroom 1 Bath | 2BR,1BA | $1.01 |
| West Briar Commons | 1 Bedroom / 1 Bathroom Townhome | 1BR,1BA | $1.11 |
| Silos at Ellis Crossing | Apartment Style - 2 Bedroom 2 Bathroom | 2BR,2BA | $1.16 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Spencer area?
If you’re an expert on all things Spencer, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Spencer, SD Rentals by Map
See the most popular apartments and homes in Spencer, SD
Spencer, SD Apartments MapSpencer, SD Rental Homes MapGetting 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 $790 at Stoney Creek Townhomes.
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 $1,090.
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.
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.
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.
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.