Spencer, NC Homes for Rent

/18
$1,700 Per Month
- 3 Beds
- 2.5 Baths
- 1,305 Sq Ft
- Apartment for Rent
212 N Yadkin Ave Unit A, Spencer, NC 28159

Welcome to this beautiful New Construction Duplex with 1 unit for rent is located in Spencer NC, Less than 10 minutes away from downtown Salisbury! This unit offers 3 bedrooms and 2.5 bathrooms with a thoughtfully designed layout that blends comfort, convenience, and modern living. The main level features an open-concept living room, dining area, and kitchen creating a bright and inviting space

Rodrayius McClure Keller Williams Select

212 N Yadkin Ave Unit A, Spencer, NC 28159
/21
$1,649 Per Month
- 3 Beds
- 2 Baths
- 1,745 Sq Ft
- House for Rent
608 S Yadkin Ave, Spencer, NC 28159

ESTIMATED TOTAL MONTHLY LEASING PRICE: $1714Base Rent: $1649Resident Internet Amenity: $65OPTIONAL Resident Benefits Package: up to $49.99Pet Rent: if applicableCOMING SOON! Be the first to tour this 3 Bed, 2 Bath, single-story home located in the Historic District of Spencer, NC! It is just waiting for you to call it home.Enjoy evenings relaxing on your

608 S Yadkin Ave, Spencer, NC 28159
/22
$2,250 Per Month
- 4 Beds
- 2 Baths
- House for Rent
601 4th St, Spencer, NC 28159

601 4th Street is the very definition of a charming corner-lot home, with wonderful curb appeal from every angle and a welcoming presence that immediately draws you in. The classic architecture and tidy landscaping give it a timeless, storybook feel, while the rare double corner lot provides an impressive sense of space and privacy you just don’t find every day. Large, sun-filled yard areas wrap

David Wigfield Century 21 Echelon

601 4th St, Spencer, NC 28159

North Carolina Rowan County

Why Live in Spencer

Spencer, North Carolina, is a historic railroad town in Rowan County with a population of around 3,000. Located approximately halfway between Greensboro and Charlotte, Spencer is just 3 miles from Salisbury and 20 miles from Kannapolis. The town is known for its rich locomotive history, highlighted by the North Carolina Transportation Museum, which offers educational attractions and seasonal events. Spencer’s residential areas feature a mix of 20th-century homes and newer constructions, including farmhouses, ranch-styles, and Craftsman-inspired bungalows. The town's green spaces, such as Yadkin River Park and Library Park, provide recreational opportunities, while the upcoming Spencer Town Park will add a stage, picnic areas, and a water feature. Dining and shopping options are available along U.S. Route 29, with popular spots like Hendrix Barbecue and Food Lion. Spencer also hosts the North Carolina Museum of Dolls, Toys & Miniatures, and the annual Winterfest celebration, which includes an ice-skating rink and live music. For transportation, U.S. Route 29 and Interstate 85 connect Spencer to nearby cities, and the town is served by a bus route linking it to Salisbury. The nearest airports are Concord-Padgett Regional Airport and Charlotte Douglas International Airport, located 30 and 50 miles away, respectively.

Learn more about living in Spencer

Frequently Asked Questions

How much does it cost to rent a home in Spencer, NC?

The median rent for a home in Spencer, NC is $1,700 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.

How much do you need to make to afford rent in Spencer, NC?

To comfortably afford the median rent in Spencer, NC, a household needs to earn roughly $68,000 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 $1,700 per month in Spencer, NC, renters typically need to show $5,100 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, NC?

In Spencer, NC, 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.

Rental Trends in Spencer, NC

There are currently 3 homes available for rent in Spencer, NC. The median rent is $1,700 per month, with single-family homes renting at $1,650 and townhouses at $1,700.

Rental Home Trends

Number of Homes for Rent 3	Median Rent $1,700
Median Single Family Home Rent $1,650	Median Townhouse Rent $1,700

How to Rent a Home

Rentals in Spencer

Homes for Rent by Bedrooms in Spencer

3 Bedroom Homes for Rent in Spencer

Rentals by Price in Spencer

Spencer Rentals under $2,000

More About Living in Spencer

Homes for Rent in Nearby Cities

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