
Cheap Homes for Rent in Spencer, VA from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Spencer.


120 David Dr

86 Cooks Park Dr

17 Holcomb St

26 Chigger Ridge Ln
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1006 E St

937 Banks Rd

7734 US-29

317 S Branch St

6941 Dyer Store Rd
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.

3203 Golf Course Rd

73 Carlson Ave

529 N Washington Ave

305 N Franklin St

2510 Goose Dam Rd
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, VA Local Guide

How much does it cost to rent a home in Spencer?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Spencer 2 Bedroom Homes for Rent | $1,107 | $750 | $2,145 |
Spencer 3 Bedroom Homes for Rent | $1,414 | $750 | $2,300 |
Spencer 4 Bedroom Homes for Rent | $2,725 | $2,000 | $3,500 |
Browse Top Homes for Rent in Spencer
Explore Spencer
Spencer, VA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Farmwood Gardens | 1x1 | 1BR,1BA | $799 |
Cedar Green | 1BR / 1BA | 1BR,1BA | $800 |
Hill Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
Ridge View | 2 Bedroom | 2BR,1BA | $926 |
Best Value Apartments for Rent in Spencer, VA and Nearby
As of May 11, 2025 the best value apartment in the Spencer area is the $1.14 price per square foot 2BRx2BA w/Balcony Model at Woodland Heights Apartments in the starting from $1,350. The second greatest value Spencer apartment is the 2 Beds | 2.5 Bath Model at Terrace at Olde Battleground starting at $1,429 with a $1.21 price per square foot in the Dellwood Park 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. |
---|---|---|---|
Woodland Heights Apartments | 2BRx2BA w/Balcony | 2BR,2BA | $1.14 |
Terrace at Olde Battleground | 2 Beds | 2.5 Bath | 2BR,2.5BA | $1.21 |
Ridge View | 3 Bedroom | 3BR,2BA | $1.02 |
Allerton Place | Starmount with Deck | 2BR,2BA | $1.20 |
Oakmont Apartments | Upstairs 2 Bedroom/1.5 Bath | 2BR,1.5BA | $1.02 |
Landon Creek Apartments | One Bed, One Bath | 1BR,1BA | $1.32 |
Beltway Park at Winston | Platinum | 1BR,1BA | $1.28 |
School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
Cedar Green | 1BR / 1BA | 1BR,1BA | $1.14 |
Farmwood Gardens | 1x1 | 1BR,1BA | $1.18 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Spencer
What type of rentals are currently available in Spencer?
There are currently 38 Apartments for Rent in Spencer, VA with pricing that ranges from $799 to $2,365. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spencer ranging from $750 to $3,500.
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 $750 to $3,500 with an average monthly rent of $1,561.
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 $1,070 to $2,365, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,300. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,245.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.