Cheap Apartments for Rent in Spencer, IN

3 rentals

Apartments For Rent Near Spencer, IN

We found 30 more apartments matching your filters just outside Spencer

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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in Oct 2025.
MonthAverage rent
Jul 2025$1,400
Aug 2025$1,400
Sep 2025$1,375
Oct 2025$1,650
Nov 2025$1,375
Dec 2025$1,350
Jan 2026$1,650
Mar 2026$875
Apr 2026$875
Jun 2026$950
Jul 2026$1,300
Sep 2026$850
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types—$1,100——$1,100
Townhomes—$1,100——$1,100
See more information about local market trends in Spencer, IN

Frequently Asked Questions about Rentals in Spencer, IN

  • What are the cheapest months to find an apartment to rent in Spencer, IN?
    Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $850 per month.
  • How many cheap apartments are available in Spencer, IN?
    There are 3 apartments to rent that are cheaper than the city’s average rent of $1,100.
  • When is the average rent most expensive in Spencer, IN?
    In the last year, the average rent in Spencer, IN was highest in Oct 2025 when it was $1,650 per month.
  • What are some zip codes in Spencer, IN?
    Spencer, IN includes zip codes such as: 47460, 47431.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en Spencer, IN - 1,171 Rentas | Trulia