4

Spencer, IA Condos for Rent

Section Image
  • 110 36th Ave W Unit 3B, Spencer, IA 51301
    110 36th Ave W Unit 3B, Spencer, IA 51301
    110 36th Ave W Unit 3B, Spencer, IA 51301
    /9

    $1,250 Per Month

    • 3 Beds
    • 2 Baths
    • 1,046 Sq Ft
    • Condo for Rent

    110 36th Ave W Unit 3B, Spencer, IA 51301

    Property Id: 2613914 Join the EZ Living community and enjoy our newly constructed rental units on the west edge of Spencer. Located just off of West 4th Street on 36th Ave W, this quiet neighborhood is the perfect place to come home to relax. The spacious one level floor plan has an individual entrance. Laminate flooring, fiberglass tub/shower and master shower make cleaning a breeze.

    110 36th Ave W Unit 3B, Spencer, IA 51301
  • 110 36th Ave W Unit 2B, Spencer, IA 51301
    110 36th Ave W Unit 2B, Spencer, IA 51301
    110 36th Ave W Unit 2B, Spencer, IA 51301
    /8

    $950 Per Month

    • 2 Beds
    • 2 Baths
    • 870 Sq Ft
    • Condo for Rent

    110 36th Ave W Unit 2B, Spencer, IA 51301

    Property Id: 2613913 Join the EZ Living community and enjoy our newly constructed rental units on the west edge of Spencer. Located just off of West 4th Street on 36th Ave W, this quiet neighborhood is the perfect place to come home to relax. The spacious one level floor plan has an individual entrance. Laminate flooring, fiberglass tub/shower and master shower make cleaning a breeze.

    110 36th Ave W Unit 2B, Spencer, IA 51301
  • 111 36th Ave W Unit 3B, Spencer, IA 51301
    111 36th Ave W Unit 3B, Spencer, IA 51301
    111 36th Ave W Unit 3B, Spencer, IA 51301
    /9

    $1,250 Per Month

    • 3 Beds
    • 2 Baths
    • 1,046 Sq Ft
    • Condo for Rent

    111 36th Ave W Unit 3B, Spencer, IA 51301

    Property Id: 2613906 Join the EZ Living community and enjoy our newly constructed rental units on the west edge of Spencer. Located just off of West 4th Street on 36th Ave W, this quiet neighborhood is the perfect place to come home to relax. The spacious one level floor plan has an individual entrance. Laminate flooring, fiberglass tub/shower and master shower make cleaning a breeze.

    111 36th Ave W Unit 3B, Spencer, IA 51301
  • 111 36th Ave W Unit 3A, Spencer, IA 51301
    111 36th Ave W Unit 3A, Spencer, IA 51301
    111 36th Ave W Unit 3A, Spencer, IA 51301
    /9

    $1,250 Per Month

    • 3 Beds
    • 2 Baths
    • 1,046 Sq Ft
    • Condo for Rent

    111 36th Ave W Unit 3A, Spencer, IA 51301

    Property Id: 2613898 Join the EZ Living community and enjoy our newly constructed rental units on the west edge of Spencer. Located just off of West 4th Street on 36th Ave W, this quiet neighborhood is the perfect place to come home to relax. The spacious one level floor plan has an individual entrance. Laminate flooring, fiberglass tub/shower and master shower make cleaning a breeze.

    111 36th Ave W Unit 3A, Spencer, IA 51301
Iowa Clay County

Condos for Rent in Spencer, IA

Frequently Asked Questions

How much does it cost to rent a condo in Spencer, IA?
The median rent for a condo in Spencer, IA is $1,250 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option.
How much do you need to make to afford rent in Spencer, IA?
To comfortably afford the median rent in Spencer, IA, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Spencer, IA, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Spencer, IA?
In Spencer, IA, the price-to-rent ratio is 11.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Spencer, IA

There are currently 4 condos available for rent in Spencer, IA. The median rent is $1,250 per month, with 2-bedroom condos at $950 and 3-bedroom condos at $1,250.

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$1,250
Median 2 Bedroom Condo Rent
$950
Median 3 Bedroom Condo Rent
$1,250
How to Rent a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group