Spencer, TN rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Spencer, TN is $12,415.
$12,415
-$625
+$12,415
1
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $12,290 to $12,290.
| Rent price | Number of rental properties |
|---|---|
| $5,000+ | 1 |
Average rent price over time
In the last year, rent has increased by $12,415 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| May | $1,250 | $1,500 |
| Jun | $1,240 | $10,606 |
| Jul | $1,150 | $11,309 |
Market temperature
The Spencer, TN rental market temperature is WARM. 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, TN is 491% higher than the national average.
$12,415
$2,100
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Frequently asked questions
1. What is the average rent in Spencer, TN?
The average rent in Spencer, TN is $12,415.
2. How much does it cost to rent a house in Spencer, TN?
Houses in Spencer, TN rent between $12,290 - $12,290 with an average rent of $12,415.
3. How has the rent in Spencer, TN changed in the last year?
In the last year, the rent in Spencer, TN increased by $12,415
4. How much has the rent in Spencer, TN increased/decreased in the last month?
In the last month, the rent in Spencer, TN decreased by $625
5. How many available rentals are there in Spencer, TN?
There are currently 1 rentals available in Spencer, TN.
6. How do rent prices in Spencer, TN compare with the national average?
The average rent in Spencer, TN is $12,415 — 491.19% higher the national average of $2,100.