The name Spencer originated from the English word dispenser. The name Spencer would have been reserved for a dispenser of provisions. It also refers to an old man, such as a type of hermit. Spencer may refer to: a short, close-fitting jacket, worn by women and children in the early 19th century. • a thin woolen vest, worn by women for extra warmth in winter. Spencer apartments for rent comparison page shows most up to date rent information on Spencer apartments and houses. Rent information is obtained from multiple rental sources but we cannot guarantee their accuracy.