Cheap Apartments for Rent in Spencer, IA
3 rentals
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Apartments For Rent Near Spencer, IA
We found 15 more apartments matching your filters just outside Spencer
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Use arrow keys to navigatePET FRIENDLY$795 - $1,065/mo
1-3 Beds
1 BathEmmetsburg 20-Unit (Huron Apartments) | 1505 5th St #7,
Emmetsburg, IA 50536
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PET FRIENDLY$925 - $1,825/moStudio-3 Beds1-3 BathsThe Shores at Spirit Lake | 2125 Royal Ave #1d6e08c75,
Spirit Lake, IA 51360- PET FRIENDLY
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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 Dec 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $895 |
| Jul 2025 | $895 |
| Aug 2025 | $800 |
| Sep 2025 | $800 |
| Oct 2025 | $825 |
| Nov 2025 | $750 |
| Dec 2025 | $900 |
| Jan 2026 | $900 |
| Feb 2026 | $895 |
| Mar 2026 | $900 |
| 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 | — | $925 | $1,000 | $925 |
| Apartments and Condos | $550 | — | $925 | — | $925 |
| Houses | $550 | — | — | $1,000 | $1,000 |
Frequently Asked Questions about Rentals in Spencer, IA
- What is the average rent in Spencer, IA?The average rent in Spencer, IA is $925. Rent prices range from $550 to as much as $1,000, depending on the type of rental.
- How does the rent in Spencer, IA compare to the national average?Average rent in Spencer, IA is about 52% lower than the national average rent of $1,910. That means it is less expensive to rent in Spencer compared to the U.S. average.
- What is the average rent in Spencer, IA, by number of bedrooms?The average rent in Spencer, IA is $ for a studio, $550 for a 1 bedroom, $ for a 2 bedroom, $925 for a 3 bedroom, and $1,000 for a 4 bedroom.
- How have rent prices in Spencer, IA changed compared to last year?In the past year, the average rent price in Spencer, IA has increased by $30. That means the average rent is 3% higher than last year.
- How many available rental listings are in Spencer, IA?There are 4 available rental listings 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.