Last updated on June 8, 2026

Average rent in
Spencer, OK

Median rent

Median rent in Spencer

$1,187/mo

increased by13%

vs previous year

The average rent in Spencer is $1,187 per month as of June 2026. This is 39% below the national average rent, or $762 less per month.

$1.07

average price per square foot

Total rentals

Available rentals in Spencer

13

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Spencer rentals at each price point

75%56%38%19%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, OK, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Spencer, OK

Average rent prices in Spencer have decreased by 48% over the last month and have increased by 13% 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, OK

Rent prices in Spencer vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Spencer is $850, whereas a house costs $1,312. 1-bedroom apartments in Spencer run $750 on average, while 2-bedroom apartments are $850.

Listings

1 bedroom

$750

-

-

2 bedroom

$900

No Change

-

3 bedroom

$1,325

No Change

10%

4 bedroom

$1,595

2%

-

1 bedroom

Average rent

$750

2 bedroom

Average rent

$900

3 bedroom

Average rent

$1,325

Last 30 days

No Change

Last year

10%

4 bedroom

Average rent

$1,595

Last 30 days

2%

The table above reflects average rent prices in Spencer, OK, 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, OK compare to other cities?

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

Spencer

Median rent price$1,187
decreased by39%

lower than the national median

Median rent price$1,150
decreased by41%

lower than the national median

Takeaway

The median rent for all rentals in Spencer, OK is 3% higher than the median rent in Ada, OK.

Discover rentals in Spencer, OK

3508 N Douglas Blvd #13 - Photo 1 of 1

5d+ ago

Townhouse for rent in Spencer

2 beds

1 bath

$655

House for rent

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Frequently asked questions for Spencer, OK

Quick answers to common questions about the Spencer rental market.

How much is rent in Spencer?

The average rent in Spencer is $1,187 per month as of June 6, 2026.

Is rent up or down in Spencer?

Average rent prices in Spencer have decreased by 48% over the last month and have increased by 13% since last year.

How does Spencer rent compare to the national average?

Rent in Spencer is 39% below the national average, which means renters are paying approximately $762 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 $48,000/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 67% of rental listings welcoming pets. The city's rental market averages about 6 listings per month, so pet-friendly apartments are available despite the smaller inventory 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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