Spencer IN Apartments
2 rentals
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Apartments For Rent Near Spencer, IN
We found 7 more apartments matching your filters just outside Spencer
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Average Rent Trends in Spencer, IN
Rent in Spencer, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Jun 2026 compared to the previous month. Rent for apartments peaked in May 2025.
| Month | Average rent |
|---|---|
| Jan 2025 | $925 |
| Mar 2025 | $888 |
| Apr 2025 | $900 |
| May 2025 | $1,500 |
| Jun 2025 | $850 |
| Sep 2025 | $1,400 |
| Nov 2025 | $1,375 |
| Dec 2025 | $975 |
| Mar 2026 | $875 |
| Apr 2026 | $875 |
| Jun 2026 | $950 |
Average Rent By Bedroom and Home Type
In June 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 | $750 | $950 | $1,400 | — | $950 |
| Apartments and Condos | $750 | $950 | — | — | $950 |
| Houses | — | — | $1,400 | — | $1,400 |
Frequently Asked Questions about Apartments and Condos for rent in Spencer, IN
- What is the average rent of an apartment in Spencer, IN?The average rent of an apartment in Spencer, IN is $950 per month. This is about 51% lower than the national average.
- When is the average rent cheapest in Spencer, IN?In the last year, the average rent in Spencer, IN was lowest in Jun 2025 when it was $850 per month.
- When is the average rent most expensive in Spencer, IN?In the last year, the average rent in Spencer, IN was highest in May 2025 when it was $1,500 per month.
- How many apartments or condos are available to rent in Spencer, IN?There are 2 available apartments or condos to rent in Spencer, IN.
- What are some zip codes in Spencer, IN?
- What are some cities near Spencer, IN?Some nearby cities include: Stinesville, Freedom, Ellettsville, Gosport, Poland. These cities may have more rental options to explore.