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Apartments for Rent in Spencer IA

41 Rentals

Spencer, IA Apartments for Rent

Located in the northwestern corner of Iowa, Spencer is a community-oriented small town that sits where the Little Sioux River meets the Ocheyedan River. Spencer’s waterways and robust park system provide plenty of opportunities for outdoor activities like hiking, biking, camping, fishing, and kayaking.

At Spencer’s core is the vibrant, historic downtown, featuring the largest and most diverse collection of 1930s Art Deco architecture in the Midwest in addition to numerous museums, theatrical productions, restaurants, and shops to enjoy. Spencer is also home to the “World’s Greatest County Fair,” drawing more than 300,000 attendees every year. Convenience to U.S. Routes 18 and 71 makes getting around from Spencer simple.

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Spencer, IA Rental Insights

The average rent in Spencer, IA is $640 per month. By comparison, renters across the U.S. pay an average of $1,631, which means housing in Spencer, IA is slightly less expensive than much of the country.

The cost of living in Spencer, IA is 11.7% higher than the national average. Daily expenses like housing, groceries, and transportation generally cost more than in many other U.S. cities.

To live comfortably in Spencer, IA as a single adult with no dependents, aim for a salary of at least $87,000 before taxes. Expect to spend about $8,820/year for groceries, $13,548 for goods and services, and $32,424/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.

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