Apartments for Rent in Spencer, IA

Across 2 rentals in Spencer, IA, the cheapest we list is $800/mo and the average asking rent is around $848/mo. That puts Spencer roughly 26% below the IA state average of $1,142/mo, so it's one of the more affordable markets in the state. By size, expect two-bedrooms around $848/mo. Listings are ranked cheapest-first and updated regularly.

Updated Jun 9, 2026

Cheapest
$800
lowest listed rent
Average rent
$84826% below IA
across all sizes
Average by sizevs IA typical
2 bed$84830% below IA

2 rentals in Spencer, IA

Every size & style, ranked by price

2-bedroom apartment at 100 12 Th St SW in Spencer, IA
Great deal
Apartment · Spencer
$800/mo
Rating coming soon
2 bd|1 ba|724 ft²

100 12 Th St SW

100 12 Th St SW, Spencer

Recently listedView details

Renting in Spencer, IA: common questions

How much is rent in Spencer, IA?
The average asking rent across the 2 listings we track in Spencer, IA is $848/mo, with the cheapest starting at $800/mo. Prices change often, so confirm current rates on each listing.
What is the cheapest apartment for rent in Spencer?
100 12 Th St SW is the lowest-priced rental we're tracking in Spencer, IA at $800/mo. We rank every listing cheapest-first so the best-value options are always at the top.
Is Spencer expensive to rent in?
Relatively no. Spencer's average rent of $848/mo is about 26% below the IA state average of $1,142/mo, making it one of the more affordable markets in the state.

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