Rent in Spencerville, OH
A 2-bedroom in Spencerville, OH (ZIP 45887) typically rents for about $1,051 a month, with a range of $1,051–$1,179. Owner-occupied homes in Allen County pay about 1.12% 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
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $895 | $895 | 1 |
| 1 bed | $593 | $593–$901 | 1 |
| 2 beds | $1,051 | $1,051–$1,179 | 1 |
| 3 beds | $1,159 | $1,159–$1,418 | 1 |
| 4 beds | $687 | $687–$1,571 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Spencerville ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Spencerville, OH?
- About $1,051 a month: the median of the typical rents in 1 ZIP code, which range from $1,051–$1,179. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Spencerville, OH?
- About $593 a month: the median of the typical rents in 1 ZIP code, which range from $593–$901. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Spencerville, OH?
- About $1,159 a month: the median of the typical rents in 1 ZIP code, which range from $1,159–$1,418. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Spencerville, OH?
- About $895 a month: the median of the typical rents in 1 ZIP code, which range from $895. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Spencerville, OH?
- About $687 a month: the median of the typical rents in 1 ZIP code, which range from $687–$1,571. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Spencerville, OH?
- Owner-occupied homes in Allen County pay a typical 1.12% 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 Spencerville rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).