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Homes & Apartments for Rent in Spencer, MA 01562

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What to Know About

Life in Spencer & Beyond

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

Massachusetts is rich in American history and renowned for its beautiful cities and breathtaking natural landscapes. Visit historical sites such as the Freedom Trail and USS Constitution Museum to experience the birthplace of America. In addition, it's the home to world-class universities such as Harvard University, Massachusetts Institute of Technology (MIT), and Boston College, adding to the state's innovation and education. Massachusetts also has a strong job market and a thriving economy.

For sports fans, Massachusetts is home to the New England Patriots (NFL), Boston Bruins (NFL), Boston Red Sox (MLB), Boston Celtics (NBA), and iconic venues such as Fenway Park and Gillette Stadium. In addition, the state offers a diverse range of outdoor experiences for those seeking adventure, from whale watching on the Cape Cod coast to hiking in the scenic Berkshire Mountains. See famous attractions like the Salem Witch Trials Memorial, the New England Aquarium, and the charming Martha's Vineyard.

With its warm and welcoming atmosphere, rich historical heritage, and endless opportunities, embrace the Bay State and discover why Massachusetts is the ideal place to call home.

Rental Market Trends

Spencer, MA

As of November 2026, Spencer's rental market is highly competitive, with rentals spending about 23 days on the market, faster than in Massachusetts (34), and rents up 1.3% over the past year. Spencer's average rent is 38.1% ($1,233) lower than the Massachusetts average of $3,233 and 1.8% ($36) lower than the U.S. average of $2,036.

Average Rent
$2,000
Monthly ChangeMonth Over Month Change
Decreased0.34% ($7)
Yearly ChangeYear Over Year Change
Increased1.3% ($25)
Days on Market
23
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,821 Increased0.22% ($4) Increased3.1% ($54)
2 Beds $2,006 Decreased0.61% ($12) Flat
3 Beds $2,190 Decreased0.84% ($19) Decreased3.6% ($83)
Nearby Cities Average Rent Avg. Rent vs. SpencerAverage Rent vs. Spencer Days on Market
Leicester $2,137 Increased6.9% ($137) 23 days
North Brookfield $1,930 Decreased3.5% ($70) 24 days
Auburn $2,471 Increased23.6% ($471) 24 days
West Brookfield $1,922 Decreased3.9% ($78) 24 days
Worcester $2,164 Increased8.2% ($164) 23 days
Based on rentals advertised on RentalSource in and around Spencer.
Frequently Asked Questions
Spencer Rental Market FAQs

Explore rental prices, market conditions, and affordability in Spencer, MA.

The average rent in Spencer, MA is about $2,000 per month.
In Spencer, the average rent is about $1,821 per month for a 1-bedroom home, about $2,006 for a 2-bedroom home and about $2,190 for a 3-bedroom home.
The average rent in Spencer is 1.8% ($36) lower than the national average of $2,036 per month.
The rental market in Spencer, MA is currently highly competitive, with rentals spending about 23 days on the market, faster than in Massachusetts (34), and rents up 1.3% over the past year.
Based on the current averages, a household would need an annual income of about $80,200 to comfortably afford a 2-bedroom home in Spencer.
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