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Apartments for rent in Spencer, IN

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LOCAL GUIDE

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All About

Living In Spencer, IN

Spencer, Indiana is a small town with a population of just over 2,000. Families with young children can expect to feel welcome, as kids under 5 account for an above-average 9% of the community, though retirees outpace national averages as well. The majority of Spencer residents own their homes, and 37% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $672/month. Over the course of a year, renters in Spencer will save around $1,900 compared to the state average.

With an average commute time of about 21 minutes, outperforming most cities in Indiana, Spencer residents are well aware that it isn't overly time-consuming to get to work. Driving a car or truck is the most common means of commuting to work, opted for by 41% of residents, while public transportation isn't used. Walking (5%) isn't a common way to get to work, though the number is much greater than the national average.

Many Spencer residents work in one of two industries: manufacturing and healthcare. Together, these industries account for 18% of the town's labor force. Meanwhile, in terms of job function, many residents work in transportation, making it the top career path in the town. With an average annual income of around $50,000, Spencer workers take home less than their peers elsewhere in the state. The town's average income also falls below the national average of $73,345. Spencer has a large number of residents over the age of 25 who have a high school degree or GED (27%) compared to the national average. Furthermore, 6% possess a Bachelor's degree and 2% have earned a Master's or Doctoral degree.


Frequently Asked Questions About Spencer

Looking for a cheap Spencer apartment?

For the best deal, we recommend using our cheap apartments filter.

How Many Bedrooms Do You Need?

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How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Spencer, IN Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Spencer apartment?

If you have a dog or cat, you'll need to find an apartment in Spencer that accepts pets. Apply Apartment Guide's pet friendly filter to see only Spencer apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.
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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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