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 June 2026, the average rent in Spencer, IN is $950 per month, which is 51% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$950
$950 increase month-over-month
15.0%$124 increase year-over-year
AVAILABLE RENTALS
2
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | — |
| All | $950 |
As of June 2026, the average rent for a 1 bedroom rental in Spencer, IN is $750 per month, followed by $950 for a 2 bedroom rental, and $1,400 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $950 |
As of June 2026, the average rent for a 1 bedroom apartment in Spencer, IN is $750 per month, followed by $950 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,400 |
| 4 Bedrooms | — |
| All | $1,400 |
As of June 2026, the average rent for a 3 bedroom house in Spencer, IN is $1,400 per month.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +12% compared to the previous year, which is a +$100 increase.
This year (2026)
Last year (2025)
Rent distribution
80% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $750 to $1,400.
