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Newest Home for Rent in Spencer, NC

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    $1,595 Per Month

    • 4 Beds
    • 2 Baths
    • House for Rent

    1208 S Salisbury Ave, Spencer, NC 28159

    1208 Salisbury Avenue, Spencer, NC 28159 MOVE-IN SPECIAL- Move in this month and enjoy $200 off for 1st three months and then back to the original rate of $1795 for the remainder of the lease* Come and view this stunning, fully renovated 4bd, 2ba house nestled just 2 minutes from City of Salisbury and Town of Spencer. This beautifully updated 4-bedroom, 2-bathroom home offers plenty of space and

    Agent Photo

    William Orozco

    New View Realty Group

    (980) 577-1488

    1208 S Salisbury Ave, Spencer, NC 28159

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 $1,422 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
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 $56,880 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 $1,422 per month in Spencer, NC, renters typically need to show $4,266 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 13.2, 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 Home Trends in Spencer, NC

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,422
Median Single Family Home Rent
$1,545
How to Rent a Home