Cheap Apartments for Rent in Spencer, VA from $700 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in Spencer.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Fieldale Apartments
1 Bedroom Apartments

Fieldale Apartments

100 Marshall WayFieldale, VA 24089
  • Utilities Included
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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288
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Spencer, VA Local Guide

Cheapest Available Spencer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Spencer, VA is a 1 Bed unit found at Farmwood Gardens in the Vernon Farms neighborhood priced from $799. Cedar Green in the Outer Smith Reynolds Airport neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Spencer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Farmwood Gardens1x11BR,1BA$799
Cedar Green1BR / 1BA1BR,1BA$800
602 Henry StST1BStudio,1BA$830
School Drive ApartmentsOne Bedroom1BR,1BA$921
Ridge View2 Bedroom2BR,1BA$926
Lofts at Mill Creek Apartments1 Bed 1 Bath1BR,1BA$965
Terrace at Olde Battleground1 Bed | 1 Bath B1BR,1BA$974
Beltway Park at WinstonPlatinum1BR,1BA$990
Lakemont Apartment HomesHampton1BR,1BA$995
Chief TasselOne Bed - Unfurnished1BR,1BA$995

Best Value Apartments for Rent in Spencer, VA and Nearby

As of April 28, 2025 the best value apartment in the Spencer area is the $1.29 price per square foot 2 Beds | 2.5 Bath Model at Terrace at Olde Battleground in the in the Dellwood Park neighborhood starting from $1,529. The second greatest value Spencer apartment is the Starmount with Sunroom Model at Allerton Place starting at $1,297 with a $1.11 price per square foot in the Pearman Estates neighborhood. 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.
Terrace at Olde Battleground2 Beds | 2.5 Bath2BR,2.5BA$1.29
Allerton PlaceStarmount with Sunroom2BR,2BA$1.11
Woodland Heights Apartments2BRx2BA w/SRM2BR,2BA$1.16
Ridge View3 Bedroom3BR,2BA$1.02
Mill Creek FlatsGardenia2BR,2BA$1.25
Oakmont ApartmentsUpstairs 2 Bedroom/1.5 Bath2BR,1.5BA$1.02
602 Henry St1BR1B1BR,1BA$1.06
Beltway Park at WinstonPlatinum1BR,1BA$1.28
Cedar Green1BR / 1BA1BR,1BA$1.14
Farmwood Gardens1x11BR,1BA$1.18

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Frequently Asked Questions about Cheap Spencer Apartments

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

The lowest price for a Cheap One Bedroom Spencer Apartment is $799 at Farmwood Gardens.

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 $899 at Farmwood Gardens.

What is the most affordable Spencer Three Bedroom Apartment?

The best deal on a cheap Spencer Three Bedroom Apartment rental is at Ridge View and starts from $1,070.

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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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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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.

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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.

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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.