Townhomes For Rent in Spencer, IA

1 rentals

  • 1302 Grand Plaza Dr #2, Spencer, IA 51301
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    PET FRIENDLY
    $895/mo
    2 Beds
    1.5 Baths
    885 sqft
    1302 Grand Plaza Dr #2,
    Spencer, IA 51301
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Apartments For Rent Near Spencer, IA

We found 3 more apartments matching your filters just outside Spencer

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 for a townhome stayed about the same in Jun 2026 compared to the previous month. Rent for townhomes peaked in Jan 2025.
MonthAverage rent
Jan 2025$895
Apr 2025$895
May 2025$895
Jun 2025$895
Jul 2025$895
Feb 2026$895
Jun 2026$895
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types—$895$925—$895
Townhomes—$895——$895
Apartments and Condos—$825$925—$900

Frequently Asked Questions about Townhomes for rent in Spencer, IA

  • What is the average rent of a townhome in Spencer, IA?
    The average rent of a townhome in Spencer, IA is $895 per month. This is about 54% 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 Jan 2025 when it was $895 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 Jan 2025 when it was $895 per month.
  • How many townhomes are available to rent in Spencer, IA?
    There are 1 available townhomes 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.