Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Spencer area can be challenging. Home prices in Spencer are now at a median cost of $119,900, lower than the Idaho average of $281,471.
The average cost of rent is $673/mo in Spencer, primarily driven by the current value of real estate in the Spencer area. While nearly 64.41% of residents own their homes outright in Spencer, 37.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spencer is $4,007 per month. Households that rent pay about 16.79% of their income on rent here. Spencer's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Dubois, ID: equally priced homes
- Lidy Hot Springs, ID: equally priced homes
- Monida, MT: higher priced homes
- Lima, MT: higher priced homes
- Hamer, ID: higher priced homes
- Monteview, ID: higher priced homes
- Heman, ID: higher priced homes
- Parker, ID: higher priced homes
- Edmonds, ID: higher priced homes
- Plano, ID: higher priced homes
Cities with Similar Populations
- Oasis, NV: higher priced homes
- Russell, ND: higher priced homes
- Rupert, VT: higher priced homes
- Ruidosa, TX: higher priced homes
- Rugby, TX: higher priced homes
- Rudd, AR: higher priced homes
- Royston, TX: less expensive homes
- Rousseau, KY: less expensive homes
- Roselle, MO: less expensive homes
- Rutherford, KY: less expensive homes
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