Last updated on July 13, 2026

Average rent in
Spencer, NC

Median rent

Median rent in Spencer

$1,650/mo

increased by32%

vs previous year

The average rent in Spencer is $1,650 per month as of July 2026. This is 15% below the national average rent, or $300 less per month.

$1.39

average price per square foot

Total rentals

Available rentals in Spencer

19

for rent on Zumper.com as of July 2026

Rent price distribution

Share of Spencer rentals at each price point

60%45%30%15%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Spencer, NC

Average rent prices in Spencer have increased by 44% over the last month and have increased by 32% 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 $1,190, whereas a house costs $1,660. 1-bedroom apartments in Spencer run $950 on average, while 2-bedroom apartments are $1,250.

Listings

Studio

$900

-

-

1 bedroom

$950

-

-

2 bedroom

$1,375

No Change

15%

3 bedroom

$1,500

15%

10%

4 bedroom

$2,105

No Change

-

Studio

Average rent

$900

1 bedroom

Average rent

$950

2 bedroom

Average rent

$1,375

Last 30 days

No Change

Last year

15%

3 bedroom

Average rent

$1,500

Last 30 days

15%

Last year

10%

4 bedroom

Average rent

$2,105

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$1,650
decreased by15%

lower than the national median

Median rent price$1,495
decreased by23%

lower than the national median

Takeaway

The median rent for all rentals in Spencer, NC is 10% higher than the median rent in Badin, NC.

Discover rentals in Spencer, NC

608 S Yadkin Ave - Photo 1 of 1

4d ago

Downtown Spencer house for rent in Spencer

3 beds

2 baths

$1,795

$1,649

Price drop

House for rent

Available Jul 20

212 N Yadkin Ave #A - Photo 1 of 1
New construction

5d+ ago

Townhouse for rent in Spencer

TOWNHOME - Spencer, NC

212 N Yadkin Ave #A, Spencer, NC 28159

3 beds

2.5 baths

$1,700

House for rent

601 4th St - Photo 1 of 1

5d+ ago

Apartment for rent in Spencer

4 beds

0 baths

$2,250

Apartment for rent

Available Jun 19

601 4th St - Photo 1 of 1

5d+ ago

House for rent in Spencer

SINGLE_FAMILY - Spencer, NC

601 4th St, Spencer, NC 28159

4 beds

2 baths

$2,250

House for rent

Stay up to date with rental market insights

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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 $1,650 per month as of July 11, 2026.

Is rent up or down in Spencer?

Average rent prices in Spencer have increased by 44% over the last month and have increased by 32% since last year.

How does Spencer rent compare to the national average?

Rent in Spencer is 15% below the national average, which means renters are paying approximately $300 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 $66,000/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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