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Spencer, NC Houses for Rent

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  • /18

    $1,795 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    608 S Yadkin Ave, Spencer, NC 28159

    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 rocking-chair covered front porch! This home features a spacious living room and a large eat-in kitchen. The kitchen is adorned with a black appliance package, quartz countertops, cabinets and an island offering a

    Terrence Grogan Pure Operating LLC

    608 S Yadkin Ave, Spencer, NC 28159
  • /21

    $1,795 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: $1860Base Rent: $1795Resident 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

Frequently Asked Questions

How much does it cost to rent a single-family home in Spencer, NC?
The median rent for a single-family home in Spencer, NC is $1,718 per month, though prices vary by neighborhood, size, and property type. As of July 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 $71,800 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 $1,795 per month in Spencer, NC, renters typically need to show $5,385 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 10.4, 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

Number of Houses for Rent
3
Median Single Family Home Rent
$1,718
Median 3 Bedroom Single Family Home Rent
$1,718
Median 4 Bedroom Single Family Home Rent
$2,023
How to Rent a Home