Spencer shares many of the great qualities that make Iowa a desirable place to live.
Iowa is known as the "Hawkeye State" and America's heartland. This beautiful state is famous for its rolling hills, fertile farmland, and vibrant cities. Immerse yourself in Iowa's rich history by visiting the Herbert Hoover Presidential Library and Museum, Amana Colonies, or developing your skills at the University of Iowa and Iowa State University. Iowa also has a vibrant cultural scene, with dozens of professional theaters, art galleries, and museums spread throughout the state.
Iowa is a haven for outdoor enthusiasts, offering a variety of activities such as hiking the scenic Loess Hills, camping and fishing in its state parks and lakes, and winter sports like skiing and snowboarding. Explore famous attractions like the State Capitol Building, the Des Moines Art Center, and the historic town of Cedar Rapids. With its friendly communities, affordable living, and thriving economy, Iowa offers a high quality of life and a strong sense of community, making it an ideal place for those looking for a fulfilling lifestyle.
Discover why Iowa is a place that is sure to steal your heart and capture your imagination. Experience the best of what the Midwest offers, and you'll see why it's such a great place to live.
As of November 2026, Spencer's rental market is stable, with rentals spending about 27 days on the market, about the same as in Iowa (27), and rents about flat over the past year. Spencer's average rent is 5.2% ($62) lower than the Iowa average of $1,203 and 44.0% ($895) lower than the U.S. average of $2,036.
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $928 | 0.22% ($2) | 0.4% ($4) |
| 2 Beds | $1,142 | 0.04% | 1.9% ($22) |
| 3 Beds | $1,389 | 0.16% ($2) | 2.6% ($35) |
| Nearby Cities | Average Rent | Avg. Rent vs. SpencerAverage Rent vs. Spencer | Days on Market |
|---|---|---|---|
| Milford | $1,331 | 16.7% ($190) | 26 days |
| Arnolds Park | $1,835 | 60.8% ($694) | 27 days |
| Hartley | $1,017 | 10.9% ($124) | 27 days |
| Okoboji | $1,722 | 50.9% ($581) | 27 days |
| Spirit Lake | $1,274 | 11.7% ($133) | 27 days |
Explore rental prices, market conditions, and affordability in Spencer, IA.
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