Homes & Apartments for Rent in Spencer County, IN

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What to Know About

Life in Spencer County & Beyond

Spencer County shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Spencer County, IN

As of November 2026, Spencer County's rental market is stable, with rentals spending about 29 days on the market, slower than in Indiana (27), and rents up 1.6% over the past year. Spencer County's average rent is 8.1% ($117) lower than the Indiana average of $1,452 and 34.4% ($701) lower than the U.S. average of $2,036.

Average Rent
$1,335
Monthly ChangeMonth Over Month Change
Increased0.30% ($4)
Yearly ChangeYear Over Year Change
Increased1.6% ($21)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $999 Increased0.81% ($8) Increased3.9% ($37)
2 Beds $1,228 Increased0.13% ($2) Increased0.2% ($2)
3 Beds $1,536 Increased0.56% ($9) Increased2.9% ($43)
Based on rentals advertised on RentalSource in and around Spencer County.
Frequently Asked Questions
Spencer County Rental Market FAQs

Explore rental prices, market conditions, and affordability in Spencer County, IN.

The average rent in Spencer County, IN is about $1,335 per month.
In Spencer County, the average rent is about $999 per month for a 1-bedroom home, about $1,228 for a 2-bedroom home and about $1,536 for a 3-bedroom home.
The average rent in Spencer County is 34.4% ($701) lower than the national average of $2,036 per month.
The rental market in Spencer County, IN is currently stable, with rentals spending about 29 days on the market, slower than in Indiana (27), and rents up 1.6% over the past year.
Based on the current averages, a household would need an annual income of about $49,100 to comfortably afford a 2-bedroom home in Spencer County.
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