Last updated on May 27, 2026

Average rent in
Spencer, NC

Median rent

Median rent in Spencer

$1,290/mo

increased by3%

vs previous year

The average rent in Spencer is $1,290 per month as of May 2026. This is 34% below the national average rent, or $660 less per month.

$1.27

average price per square foot

Total rentals

Available rentals in Spencer

14

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Spencer rentals at each price point

65%49%33%16%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Spencer, NC, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Spencer, NC

Average rent prices in Spencer have remained the same over the last month and have increased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Spencer, NC

Rent prices in Spencer vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Spencer is $1,275, whereas a house costs $1,674. 1-bedroom apartments in Spencer run $950 on average, while 2-bedroom apartments are $1,250.

Listings

1 bedroom

$950

-

-

2 bedroom

$1,250

No Change

3%

3 bedroom

$1,800

24%

-

4 bedroom

$1,899

5%

72%

1 bedroom

Average rent

$950

2 bedroom

Average rent

$1,250

Last year

3%

3 bedroom

Average rent

$1,800

Last 30 days

24%

4 bedroom

Average rent

$1,899

Last 30 days

5%

Last year

72%

The table above reflects average rent prices in Spencer, NC, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Spencer, NC compare to other cities?

Compare median rent prices in Spencer and Badin by all bedroom counts and property types.

Spencer

Median rent price$1,290
decreased by34%

lower than the national median

Median rent price$1,300
decreased by33%

lower than the national median

Takeaway

The median rent for all rentals in Spencer, NC is 1% lower than the median rent in Badin, NC.

Discover rentals in Spencer, NC

306 11th St - Photo 1 of 1

23h ago

House for rent in Spencer

3 beds

2 baths

$1,535

House for rent

1208 S Salisbury Ave #1 - Photo 1 of 1

5d+ ago

House for rent in Spencer

S.Salisbury1208 - 1

1208 S Salisbury Ave #1, Spencer, NC 28159

4 beds

2 baths

$1,595

House for rent

Available Apr 1

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Frequently asked questions for Spencer, NC

Quick answers to common questions about the Spencer rental market.

How much is rent in Spencer?

The average rent in Spencer is $1,290 per month as of May 23, 2026.

Is rent up or down in Spencer?

Average rent prices in Spencer have remained the same over the last month and have increased by 3% since last year.

How does Spencer rent compare to the national average?

Rent in Spencer is 34% below the national average, which means renters are paying approximately $660 less per month.

What salary do I need to afford rent in Spencer?

To comfortably afford rent in Spencer, you'd need to earn approximately $52,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Spencer?

Spencer offers good options for pet owners, with 57% of rental listings welcoming pets including large dogs, small dogs, or dogs in general. This makes Spencer relatively accommodating for renters with canine companions despite the small rental market size.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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