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Apartments in Spencer

1 - 6 of 6 Results
9
$1,750
1 Vista Ln
Spencer, MA
2 BR | Available Now
Contact
Cat Friendly
Disability Access
Dishwasher
16
$2,500
340 E Main St Unit Unit
East Brookfield, MA
2 BR | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
Dishwasher
18
$1,895
4 Main St
Spencer, MA
2 BR | Available Now
Contact
13
$1,795
6 Main St
Spencer, MA
2 BR | Available Now
Contact
Dog Friendly
17
$2,500
340 E Main St Unit Unit
East Brookfield, MA
2 BR | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
Dishwasher
1
$1,300 - 1,600
12 Elm
12 Elm St Brookfield, MA
1 - 2 BR | Available Now
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1 - 6 of 6 Results
  1. Home
  2. Worcester, MA-CT Area Apartments
  3. Spencer

How much does it cost to rent an apartment in Spencer?

Spencer Apartments
Bed Type Average Rent Range
2BR $1,850 $1,600 - $2,500
Frequently Asked Questions

How many apartments are available in Spencer, MA on Rentable.co?

Rentable.co has over 98 apartments available in Spencer.

What is the average rent for a two-bedroom apartment in Spencer, MA?

The average rent for a two-bedroom apartment in Spencer is around $1,850 per month.

How expensive is it to rent an apartment in Spencer, MA?

For a two-bedroom apartment in Spencer, the average rent price is $1,850 per month, which is higher than the national average of $1,600 per month.

Can I afford an apartment for rent in Spencer, MA?

Based on average rent prices in Spencer, to afford a two-bedroom apartment you would need an annual household income of $74,000 to live comfortably.

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Spencer:
December Rent Report

Welcome to the December 2024 Spencer Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Spencer rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Spencer and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Spencer average rent prices in the chart below.

Monthly Rent Report

$2,050
$1,540
$1,030
$510
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Spencer Rent Prices Increase From November to December

Spencer rent prices increased over the last month. From November to December, the city experienced a 0.23% increase for the price of a one-bedroom apartment. The rent price for a Spencer one-bedroom apartments currently stands at $1,300.0.

When we take a look at the two-bedroom comparison from November to December, Spencer experienced a -6.82% decrease for the price of a two-bedroom apartment. The rent price for a Spencer two-bedroom apartments currently stands at $1,722.0.

December Prices: Spencer vs. Surrounding Areas

Rent Prices in Spencer and Surrounding Areas

Rent prices have increased in Spencer over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Spencer suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Spencer suburbs

  • Rents did not decrease in any of the Spencer suburbs.

December 2024 Pricing Trends: Spencer vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Spencer Rent Prices More Affordable Than Major Cities

Rent growth in Spencer over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Spencer average rent prices appear to be relatively affordable for local residents.

The price for a Spencer one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Spencer and surrounding area rent prices, take a look at the complete data set below.

Data set for Spencer and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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