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Updated 2 hours ago

The Banks

VERIFIED

410 8th St SE Spencer, IA

1 - 2 Bed
1 Bath

0 Sq. Ft.

Available Now
1 Bed • 1 Bath
$1,000
Size: N/A
1 Available
Managed By: The Banks by Real Property Management Express
1 Bedroom Apartment
$1,000
Available Oct 26th, 2026
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2 Beds • 1 Bath
$1,300
Size: N/A
1 Available
Managed By: The Banks by Real Property Management Express
The Banks - 2 Bedroom Apartment
$1,300
Available Now
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Where you'll live
Street View
Map View
Satellite View
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $0
Property details
Description

The Banks is a new multifamily community bringing 30 modern apartment homes to the City of Spencer, opening in October 2026. Offering thoughtfully designed one- and two-bedroom apartments, The Banks combines contemporary finishes, functional layouts, and a convenient location to provide comfortable, modern living in one of Spencer’s most desirable areas.
Pets considered with additional pet fee & pet rent. Eligible for $0 security deposit.
Rent rates and availability are subject to change. Images, 3D tours, and renderings of units may be similar to available units and do not necessarily represent the specific units available. For more information, contact Real Property Management Express.
Professionally leased and managed by Real Property Management Express.

Additional Details
Total Unit Count: 30
Last Updated: Updated 2 hours ago
Contact Number: (712) 283-4094 ext: 5
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Photos Floor Plans
Rent report

If you upsized to an average priced Spencer 3 bedroom apartment, you would pay 18% more per month.

If you downsized to an average priced Spencer 1 bedroom apartment, you would pay 16% less per month.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Spencer Average
Studio $915 $1.80 $2,745
1BR $1,044 $1.60 $3,133
2BR $1,211 $1.40 $3,632
3BR $1,476 $1.30 $4,427

Availability in Spencer

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 10 3BR units on the market in Spencer. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
7% 31% 28% 34%
Available Units in Spencer
Studio 2
1BR 9
2BR 8
3BR 10
Location
Nearby Hospitals
Name Distance
Spencer Municipal Hospital 1.38 mi.
Lakes Regional Healthcare 19.87 mi.
Palo Alto County Hospital 22.57 mi.
Nearby Fire Stations
Name Distance
Spencer Fire Department 0.38 mi.
Spencer Fire Department 0.6 mi.
Fostoria Fire And Rescue 7.73 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
The Banks has a 2 bedroom unit starting at $1,300.
Where is this property located?
This property is at 410 8th St SE in Spencer, IA. It's 0.7 miles south from the center of Spencer.
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