Spencer IA Apartments
3 rentals
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Average Rent Trends in Spencer, IA
Rent in Spencer, IA varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $848 |
| Jul 2025 | $925 |
| Aug 2025 | $800 |
| Sep 2025 | $800 |
| Oct 2025 | $825 |
| Nov 2025 | $725 |
| Dec 2025 | $825 |
| Jan 2026 | $900 |
| Feb 2026 | $948 |
| Mar 2026 | $910 |
| Apr 2026 | $450 |
| May 2026 | $925 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $550 | $895 | $925 | $1,000 | $925 |
| Apartments and Condos | $550 | — | $925 | — | $550 |
| Houses | — | — | — | $1,000 | $1,000 |
Frequently Asked Questions about Apartments and Condos for rent in Spencer, IA
- What is the average rent of an apartment in Spencer, IA?The average rent of an apartment in Spencer, IA is $910 per month. This is about 53% lower than the national average.
- When is the average rent cheapest in Spencer, IA?In the last year, the average rent in Spencer, IA was lowest in Nov 2025 when it was $725 per month.
- When is the average rent most expensive in Spencer, IA?In the last year, the average rent in Spencer, IA was highest in May 2025 when it was $1,000 per month.
- How many apartments or condos are available to rent in Spencer, IA?There are 4 available apartments or condos to rent in Spencer, IA.
- What are some zip codes in Spencer, IA?Spencer, IA includes zip codes such as: 51301.
- What are some cities near Spencer, IA?Some nearby cities include: Fostoria, Dickens, Royal, Greenville, Everly. These cities may have more rental options to explore.