What is the median rent in the Town of Spencer, NY?
The median gross rent in the Town of Spencer, NY is $1,047 (±$141) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 275 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In the Town of Spencer, the median gross rent went from $962 in 2015–2019 to $1,047 in 2020–2024 (+8.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $1,047 (±$141)
- Rented homes
- 275 (±68)
- $2,000 or more
- 11.3%
- Since 2015–2019
- +8.8%
How much rent costs in the Town of Spencer
| Monthly gross rent | Town of Spencer | Tioga County | New York | United States |
|---|---|---|---|---|
| Less than $500 | 10.2% (±8.1 points) | 7.5% | 7.8% | 6.3% |
| $500 to $999 | 33.8% (±16.1 points) | 51.8% | 15.2% | 20.2% |
| $1,000 to $1,499 | 37.1% (±17.5 points) | 32.4% | 22.2% | 28.1% |
| $1,500 to $1,999 | 7.6% (±8.4 points) | 5.6% | 19.8% | 21.1% |
| $2,000 to $2,499 | 11.3% (±11.3 points) | 2.5% | 14.3% | 12.0% |
| $2,500 to $2,999 | 0.0% (±14.3 points) | 0.1% | 7.6% | 5.5% |
| $3,000 or more | 0.0% (±14.3 points) | 0.0% | 13.2% | 6.8% |
The most common range is $1,000 to $1,499, paid by 37.1% of renting households.
11.3% of rented homes in the Town of Spencer cost $2,000 or more a month.
The Town of Spencer against Tioga County, its state and the nation
| Town of Spencer | Tioga County | New York | United States | |
|---|---|---|---|---|
| Median gross rent | $1,047 (±$141) | $928 (±$47) | $1,621 (±$7) | $1,413 |
| Rented homes paying rent | 275 (±68) | 4,025 (±421) | 3,406,652 (±12,095) | 42,849,984 |
In the Town of Spencer, median gross rent is not measurably different from Tioga County ($928).
It is also lower than in New York ($1,621).
It is lower than the national figure ($1,413).
In Tioga County, the Town of Spencer ranks 3 of 9 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 412 of 952.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in the Town of Spencer has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $962 (±$66) | $1,047 (±$141) | +8.8% | No measurable change after inflation |
| Households that rent | 26.3% (±6.7 points) | 23.7% (±6.1 points) | −2.6 percentage points | Not a measurable change |
| Rental vacancy rate | 13.6% (±12.8 points) | 0.0% (±14.0 points) | −13.6 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near the Town of Spencer
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Town of Spencer | — | $1,047 (±$141) | — |
| Village of Spencer | 1.4 mi | $1,046 (±$168) | Not measurably different |
| Town of Van Etten | 5.7 mi | $1,071 (±$183) | Not measurably different |
| Village of Candor | 6.8 mi | $871 (±$182) | Not measurably different |
| Town of Danby | 7.6 mi | $1,200 (±$333) | Not measurably different |
| Town of Candor | 7.8 mi | $837 (±$95) | Lower |
| Town of Tioga | 9.5 mi | $847 (±$219) | Not measurably different |
| Town of Barton | 9.6 mi | $956 (±$109) | Not measurably different |
| Town of Erin | 11 mi | $747 (±$305) | Not measurably different |
Nearby places with a measurably lower figure: Town of Candor, NY ($837).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Tioga County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Town of Berkshire | $1,368 (±$126) |
| 2 | Town of Nichols | $1,263 (±$140) |
| 3 | Town of Spencer | $1,047 (±$141) |
| 4 | Town of Owego | $962 (±$65) |
| 5 | Town of Barton | $956 (±$109) |
| 6 | Town of Tioga | $847 (±$219) |
| 7 | Town of Candor | $837 (±$95) |
| 8 | Town of Newark Valley | $821 (±$149) |
| 9 | Town of Richford | $604 (±$285) |
A New York town includes the villages and hamlets inside it, so the figures for the Town of Spencer include them.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Town of Spencer
What is the average rent in the Town of Spencer, NY?
The Census Bureau publishes the median rather than the average: the median gross rent in the Town of Spencer is $1,047 (±$141) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in the Town of Spencer?
In the Town of Spencer, the median gross rent went from $962 in 2015–2019 to $1,047 in 2020–2024 (+8.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in the Town of Spencer cost more than $2,000 a month?
11.3% of rented homes in the Town of Spencer have a gross rent of $2,000 or more a month, and 10.2% cost less than $500.
Is rent in the Town of Spencer higher than in Tioga County?
In the Town of Spencer, median gross rent is not measurably different from Tioga County ($928).
It is also lower than in New York ($1,621).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spencer town, Tioga County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spencer town, Tioga County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Spencer town, Tioga County, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Spencer town, Tioga County, New York (county subdivision:70178, in state:36 county:107).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in the Town of Spencer at a glance
- Rent by bedrooms in the Town of Spencer
- Rent burden in the Town of Spencer
- Renters and owners in the Town of Spencer
- Income and affordability in the Town of Spencer
- Home values in the Town of Spencer
- Homeowner costs in the Town of Spencer
- Property taxes in the Town of Spencer
- Types of homes in the Town of Spencer
- Bedrooms in the Town of Spencer
- Age of homes in the Town of Spencer
- Heating fuel in the Town of Spencer
- Commute and cars in the Town of Spencer
- Population growth in the Town of Spencer
- How long people stay in the Town of Spencer
- New York landlord and tenant rules
- Housing across Tioga County
- New York places ranked by median rent
- Housing data for every place in New York