Spencer, IA rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Spencer, IA is $925.
$925
$0
+$925
3
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $800 to $950.
| Rent price | Number of rental properties |
|---|---|
| $700 | 1 |
| $800 | 1 |
| $900+ | 2 |
Average rent price over time
In the last year, rent has increased by $925 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $750 | $895 |
| Feb | $600 | $800 |
| Mar | $700 | $800 |
| Apr | $800 | $895 |
| May | $700 | $895 |
| Jun | $900 | $895 |
| Sep | $900 | $895 |
| Oct | $925 | $800 |
| Nov | $925 | No data |
| Dec | $895 | No data |
Market temperature
The Spencer, IA rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Spencer, IA is 56% lower than the national average.
$925
$2,100
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Frequently asked questions
1. What is the average rent in Spencer, IA?
The average rent in Spencer, IA is $925.
2. How much does it cost to rent a house in Spencer, IA?
Houses in Spencer, IA rent between $800 - $950 with an average rent of $925.
3. How has the rent in Spencer, IA changed in the last year?
In the last year, the rent in Spencer, IA increased by $925
4. How much has the rent in Spencer, IA increased/decreased in the last month?
In the last month, the rent in Spencer, IA did not change.
5. How many available rentals are there in Spencer, IA?
There are currently 3 rentals available in Spencer, IA.
6. How do rent prices in Spencer, IA compare with the national average?
The average rent in Spencer, IA is $925 — 55.95% lower the national average of $2,100.