$1,250
3 beds2 baths1,046 sqftMultiplex
111B 36th Ave W 3B, Spence r, IA, 51301
42 Rentals in Spencer, IA Under $1,500/mo
42 Results
$1,250
3 beds2 baths1,046 sqftMultiplex
110B 36th Ave W 3B, Spencer, IA, 51301
$935
1 bed1 bath659 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$945
1 bed1 bath659 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$1,230
2 beds1 bath985 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$970
1 bed1 bath605 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$970
1 bed1 bath659 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$1,475
2 beds2 baths1,145 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$825
2 beds1 bath724 sqftApartment
100/102/104 12th Street SW, Spencer, IA, 51301
$1,240
2 beds1 bath855 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$840
Studio1 bath498 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$935
1 bed1 bath605 sqftApartment
801 9th St. SW, Spencer, IA, 51301
$945
1 bed1 bath688 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,165
2 beds1 bath907 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,165
2 beds1 bath907 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath976 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath976 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath970 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath976 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath970 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath970 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath970 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath970 sqftApartment
410 8th Street SE, Spencer, IA, 51301
$1,195
2 beds1 bath970 sqftApartment
410 8th Street SE, Spencer, IA, 51301
Showing 24 of 42 results
Showing 24 of 42 results
Load moreWhat to Know Before Renting Under $1,500 in Spencer, IA
Rentals under $1,500 per month cover a wide share of Spencer inventory — expect a mix of one- and two-bedroom apartments, townhomes, and some three-bedroom houses. At this price point, tradeoffs are usually about neighborhood, building age, and amenity package rather than basic habitability. Compare commute time, parking, and in-unit laundry when narrowing your shortlist in Spencer.
Browse Spencer Rentals by Bedroom Count
Rentals Under $1,500 Near Spencer, IA
Frequently Asked Questions About Rentals Under $1,500 in Spencer, IA
Rentler currently shows 41 rentals in Spencer priced under $1,500. Inventory at this price point is updated daily — availability changes quickly, especially at the lower price tiers where well-priced units receive applications within 24–48 hours of posting.
At the under $1,500 price point in Spencer, use the bedroom and property-type filters to narrow to studios, 1-bedrooms, 2-bedrooms, houses, or townhomes. Availability shifts daily — set a listing alert if you want to catch new units as they post.
These terms refer to different things. Cheap or affordable apartments are market-rate units at the lower end of a city's price range — anyone can apply regardless of income. Low-income or income-restricted apartments are subsidized properties (through programs like Section 8, HUD, or LIHTC) that require income qualification, typically at or below 50–80% of the area median income. Both types may appear on Rentler — contact landlords directly on lower-priced listings to ask about income requirements and subsidy acceptance.
Pet-friendly rentals exist across all price tiers. Use Rentler's pet-friendly filter to narrow to properties that accept animals. At lower price points, pet deposits and monthly pet rent still apply — factor that into your total monthly cost when budgeting. Breed and weight restrictions are common even on pet-accepting listings.
Yes — especially on market-rate listings with individual landlords, which make up a significant share of Rentler's inventory. Negotiating leverage is highest in winter (November through January), when fewer people are searching and landlords are more motivated to fill vacancies. Offering a longer lease term, a larger security deposit, or the ability to move in quickly are the most effective negotiating levers.
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