Spencer, NC Homes for Rent

/7
$1,300 Per Month
- 2 Beds
- 1 Bath
- House for Rent
706 3rd St, Spencer, NC 28159

Property Id: 2835950 Welcome to your new home at 706 3rd Street in Spencer, NC! This charming single-family property features 2 bedrooms, 1 bathroom, and top-of-the-line appliances including a refrigerator, washer, dryer, microwave, and oven. With hardwood and tile flooring, central air, forced air heating, and a washer-dryer in unit, this cozy home has everything you need. Enjoy the

706 3rd St, Spencer, NC 28159
/18
$1,600 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
/20
$1,295 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: $1360Base Rent: $1295Resident Internet Amenity: $65OPTIONAL Resident Benefits Package: up to $49.99Pet Rent: if applicableBe 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 rocking chair

608 S Yadkin Ave, Spencer, NC 28159
/15
$1,895 Per Month
- 3 Beds
- 2.5 Baths
- 1,500 Sq Ft
- Townhouse for Rent
1175 Rosetta Dr, Spencer, NC 28144

Brand new beautiful townhome located in Salisbury, near entertainment and local attractions. Open floor plan, great for family gatherings. It features 3 spacious bedrooms, all located in the upper level, private bathroom in the primary bedroom and laundry room conveniently located in the upper floor.

Anish Shah Anish Shah Real Estate Services LLC

1175 Rosetta Dr, Spencer, NC 28144
/13
$1,800 Per Month
- 3 Beds
- 2 Baths
- 1,284 Sq Ft
- House for Rent
200 Alexander St, Spencer, NC 28159

? Features* 3 bedrooms | 2 bathrooms | Built in 2021* Open floor plan with vaulted living room ceilings* LVP flooring throughout* Modern kitchen with granite countertops, stainless steel appliances, ample storage & large walk-in pantry* Split-bedroom layout for added privacy* Spacious primary suite with tray ceiling, dual vanity & walk-in closet* Two additional

200 Alexander 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.

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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 $1,349 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes 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 $53,960 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 $1,349 per month in Spencer, NC, renters typically need to show $4,047 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 13.9, 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 5 homes available for rent in Spencer, NC. The median rent is $1,349 per month, with single-family homes renting at $1,650 and townhouses at $1,600.

Rental Home Trends

Number of Homes for Rent 5	Median Rent $1,349
Median Single Family Home Rent $1,650	Median Townhouse Rent $1,600

How to Rent a Home

Rentals in Spencer

Homes for Rent by Bedrooms in Spencer

Rentals by Price in Spencer

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Homes for Rent in Nearby Cities

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