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Rent in Spencer, OH

A 2-bedroom in Spencer, OH (ZIP 44275) typically rents for about $1,299 a month, with a range of $1,208–$1,390. Owner-occupied homes in Medina County pay about 1.24% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Spencer, OH by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,010$924–$1,0101
1 bed$900$650–$1,1501
2 beds$1,299$1,208–$1,3901
3 beds$1,552$1,323–$1,7801
4 beds$1,920$1,756–$1,9201

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Spencer ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Spencer, OH?
About $1,299 a month: the median of the typical rents in 1 ZIP code, which range from $1,208–$1,390. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Spencer, OH?
About $900 a month: the median of the typical rents in 1 ZIP code, which range from $650–$1,150. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Spencer, OH?
About $1,552 a month: the median of the typical rents in 1 ZIP code, which range from $1,323–$1,780. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Spencer, OH?
About $1,010 a month: the median of the typical rents in 1 ZIP code, which range from $924–$1,010. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Spencer, OH?
About $1,920 a month: the median of the typical rents in 1 ZIP code, which range from $1,756–$1,920. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Spencer, OH?
Owner-occupied homes in Medina County pay a typical 1.24% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Spencer rent figures come from?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).