Last updated on July 24, 2026

Average rent in
Spencer, OK

Median rent

Median rent in Spencer

$1,050/mo

decreased by14%

vs previous year

The average rent in Spencer is $1,050 per month as of July 2026. This is 46% below the national average rent, or $895 less per month.

$1.04

average price per square foot

Total rentals

Available rentals in Spencer

12

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+

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 increased by 64% over the last month and have decreased by 14% 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 $929, whereas a house costs $1,295. 1-bedroom apartments in Spencer run $789 on average, while 2-bedroom apartments are $850.

Listings

1 bedroom

$800

-

-

2 bedroom

$945

No Change

9%

3 bedroom

$1,260

No Change

10%

4 bedroom

$1,495

2%

-

1 bedroom

Average rent

$800

2 bedroom

Average rent

$945

Last year

9%

3 bedroom

Average rent

$1,260

Last year

10%

4 bedroom

Average rent

$1,495

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$1,050
decreased by46%

lower than the national median

Median rent price$1,050
decreased by46%

lower than the national median

Takeaway

The median rent for all rentals in Spencer, OK is equal to the median rent in Ada, OK.

Stay up to date with rental market insights

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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 $1,050 per month as of July 18, 2026.

Is rent up or down in Spencer?

Average rent prices in Spencer have increased by 64% over the last month and have decreased by 14% since last year.

How does Spencer rent compare to the national average?

Rent in Spencer is 46% below the national average, which means renters are paying approximately $895 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 $42,000/year, based on spending no more than 30% of your income on rent.

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

Based on our current listings, Spencer welcomes pet owners with 60% of rental listings accommodating pets. With about 5 apartments available monthly, this works out to roughly 3 pet-friendly options each month.

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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