Spencer, NC rental market

What is the average rent in Spencer, NC?

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Last updated September 25, 2026

Rental market summary

The average rent for all bedrooms and all property types in Spencer, NC is $1,200.

Average rent

$1,200

Month-over-month change

-$297

Year-over-year change

-$340

Available rentals

10

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $585 to $2,500.

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Rent frequencies
Rent priceNumber of rental properties
$5001
$6001
$1,1003
$1,2001
$1,3001
$1,5001
$1,7002
$2,4001
$2,500+1

Average rent price over time

In the last year, rent has decreased by $340 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,400$1,540
Feb$1,250$1,540
Mar$1,095$1,395
Apr$1,100$1,395
May$1,095$1,395
Jun$1,395$1,395
Jul$1,280$1,100
Aug$1,250$1,649
Sep$1,295$1,300
Oct$1,540No data
Nov$1,540No data
Dec$1,500No data

Market temperature

The Spencer, NC rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Spencer, NC is 40% lower than the national average.

Spencer, NCvs.

$1,200

$2,000

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Frequently asked questions

1. What is the average rent in Spencer, NC?

The average rent in Spencer, NC is $1,200.

2. What is the average rent for a one-bedroom apartment in Spencer, NC?

The average rent for a one-bedroom apartment in Spencer, NC is $585 per month.

3. What is the average rent for a two-bedroom apartment in Spencer, NC?

The average rent for a two-bedroom apartment in Spencer, NC is $1,195 per month.

4. What is the average rent for a three-bedroom apartment in Spencer, NC?

The average rent for a three-bedroom apartment in Spencer, NC is $1,750 per month.

5. What is the average rent for a four-bedroom apartment in Spencer, NC?

The average rent for a four-bedroom apartment in Spencer, NC is $2,500 per month.

6. How much does it cost to rent a house in Spencer, NC?

Houses in Spencer, NC rent between $585 - $2,500 with an average rent of $1,200.

7. How has the rent in Spencer, NC changed in the last year?

In the last year, the rent in Spencer, NC decreased by $340

8. How much has the rent in Spencer, NC increased/decreased in the last month?

In the last month, the rent in Spencer, NC decreased by $297

9. How many available rentals are there in Spencer, NC?

There are currently 10 rentals available in Spencer, NC.

10. How do rent prices in Spencer, NC compare with the national average?

The average rent in Spencer, NC is $1,200 — 40% lower the national average of $2,000.

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