Cheap Apartments for Rent in Spencer, IN
4 rentals
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Apartments For Rent Near Spencer, IN
We found 30 more apartments matching your filters just outside Spencer
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$690 - $815/mo
Studio
1 BathPark North Apartments | 2622 N Walnut St #0B-1Ba-240Sqft,
Bloomington, IN 47408
SPECIAL OFFERPET FRIENDLYFURNISHED
SPECIAL OFFERPET FRIENDLYFURNISHED
PET FRIENDLY
NEW - 1 DAY AGOPET FRIENDLY
NEW - 1 DAY AGO
PET FRIENDLY$725 - $1,700/moStudio-4 Beds1-2 BathsWoodington Management | 1424 N Jackson St #22,
Bloomington, IN 47404
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$729 - $999/moStudio-2 Beds1 BathDorchester | 1516 S Dorchester Dr #6b67f07d3,
Bloomington, IN 47401
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PET FRIENDLY$750 - $2,250/mo1-5 Beds1-6 BathsRegency Court Apartments | 1616 S Henderson St #WAIT1S,
Bloomington, IN 47401
PET FRIENDLYFURNISHED
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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 increased in Jun 2026 compared to the previous month. Rent previously peaked in Oct 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,500 |
| Jun 2025 | $850 |
| 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 |
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 Rentals 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.
- What is the average rent of a house in Spencer, IN?The average rent of a house in Spencer, IN is $1,400 per month. This is about 28% 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 Oct 2025 when it was $1,650 per month.
- How many available rental listings are in Spencer, IN?There are 2 available rental listings 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.