What's the average rent in Spencer, IN?
Rental Market Trends in Spencer, IN
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Spencer, IN is $1,200 per month, which is 38% lower than the national average rent of $1,932 per month.
AVERAGE RENT
$1,200
9.1%$100 increase month-over-month
-27.3%-$450 decrease year-over-year
AVAILABLE RENTALS
3
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,325 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | — |
| All | $1,200 |
As of November 2026, the average rent for a 1 bedroom rental in Spencer, IN is $1,325 per month, followed by $1,200 for a 2 bedroom rental, and $1,200 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,325 |
| 2 Bedrooms | $1,375 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,375 |
As of November 2026, the average rent for a 1 bedroom apartment in Spencer, IN is $1,325 per month, followed by $1,375 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,200 |
| 4 Bedrooms | — |
| All | $1,200 |
As of November 2026, the average rent for a 3 bedroom house in Spencer, IN is $1,200 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -13% compared to the previous year, which is a $175 decrease.
This year (2026)
Last year (2025)
Rent distribution
100% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $1,200 to $1,325.
