Spencer Property Management Services You Can Trust

Managing rental properties in Spencer, Oklahoma can be challenging when you’re balancing work, family, and other responsibilities. Tenant screening, rent collection, maintenance coordination, and legal compliance take time and expertise. Partnering with an experienced Spencer property management company helps protect your investment and reduces stress.

At Simple Property Management, we provide full-service solutions for owners of single-family homes, duplexes, and small multifamily rentals across Spencer and the greater Oklahoma City metro area. Our local team handles marketing, showings, screening, leasing, rent collection, maintenance requests, renewals, and reporting—so you can focus on what matters most.

We understand the neighborhoods that drive rental demand in Spencer, including homes near Star Spencer High School, downtown Spencer, and the residential communities along N.E. 23rd Street, Midwest Boulevard, and Spencer Road. With access to real-time rental data and market comps, we price your property competitively to reduce vacancy and attract qualified tenants quickly.

Property owners choose us for transparent communication, local expertise, and dependable performance. You’ll enjoy access to an online owner portal for viewing financial statements, tracking maintenance, and downloading tax-ready reports. Our trusted network of vendors ensures timely, affordable repairs—while our thorough screening process helps minimize turnover and delinquency.

Whether you’re a first-time landlord or an experienced investor, our mission is simple: maximize your income, protect your property, and create a stress-free experience for you and your tenants. If you’re considering property management in Spencer, contact us today for a free consultation and rental analysis tailored to your home.

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How Simple Property Management Can Help You

Leasing Services

Pro photos, listings, showings, and airtight leases to fill vacancies fast.

Find Best Tenants

Strict screening for income, credit, background, and rental history.

Eviction Guide

Clear notices, filings, timelines, and court coordination when needed.

Increase Revenue

Smart pricing, renewal strategy, and fee optimization to lift NOI.

24/7 Maintenance

Coordinated repairs with vetted vendors and preventative upkeep.

Owner Portal

Real-time financials, tax-ready statements, and transparent reporting.

Get Stress-Free Property Management Today

Book Your Free Owner Consultation

Why Choose Simple Property Management?

Proven systems, local expertise, and reliable support designed to protect your investment and keep residents happy.

Responsiveness

Fast replies on calls, emails, and portal messages so owners and residents aren’t left waiting.

Efficient Leasing

Pro photos, smart pricing, and quick showings to reduce vacancy and place great renters sooner.

Tenant Screening

Comprehensive checks for income, credit, background, and rental history to reduce risk and turnover.

Transparent Accounting

Owner portal with real-time financials, tax-ready statements, and maintenance tracking every month.

24/7 Maintenance

Trusted vendors and emergency coordination around the clock to protect your asset at all times.

Compliance & Notices

Lease renewals, compliant notices, and enforcement handled properly to keep you protected.

Ready to take the next step? Let’s talk!

Customer Testimonials

Here’s what local owners and residents say about us.

Kylie Williams A month ago
★★★★★

I’ve been renting with Simple Property Management for a month and a couple of weeks, and so far, everything has gone well; all maintenance requests have been addressed…

Jeremiah Thant 5 months ago
★★★★★

Joel has been helping me manage my property since 2023. Exceptional at communicating and efficient at managing. If you need a great property manager, he’s the one.

Christy Hester 2 years ago
★★★★★

Our real estate team has had the pleasure of working with Joel for years. He reliably helps our clients when they need rentals or assistance — highly recommended.

jp 20 hours ago
★★★★★

I recently moved into a home managed by this company and the process was very quick. The team is professional and efficient — I’d definitely recommend them.

Nicole Lung 3 months ago
★★★★★

I had an incredible experience with SPM. They are very courteous and willing to help with any issues or concerns about the property!

James Timberlake 5 months ago
★★★★★

Joel and his team are the best! Excellent job, great communication, and accurate market knowledge to help us hit our investment goals.

Mary Bernard 1 year ago
★★★★★

SPM has been very professional and easy to work with. We’d recommend their service to anyone looking for a property management company.

Coreyshomeappliance 2 months ago
★★★★★

We’ve had the pleasure of working with Joel at SPM since 2018. Very professional and punctual with responses and payments — one of the best we’ve worked with.

Why Should You Buy Rental Properties in Spencer, Oklahoma?

Residents of Spencer value a close-knit, small-town feel with neighborhood schools, parks, and community programs— ideal for those who work in the Oklahoma City area but prefer a quieter residential setting.

Spencer benefits from steady demand as families and professionals seek affordable homes within commuting distance of OKC and Midwest City. This continues to support strong interest in well-managed rental properties and reliable property management services.

Homeownership is prevalent in Spencer, yet ongoing infill and nearby redevelopment keep the rental market active— creating opportunities for long-term investors focused on well-maintained single-family and small multifamily homes.

Situated along N.E. 23rd Street (OK-62) with quick connections to Midwest Boulevard, Spencer Road, and major corridors into Oklahoma City and Midwest City (including access toward I-35 and I-40), Spencer offers convenient commuting for residents and attractive fundamentals for investors.

Spencer, OK at a Glance

Quick stats to help investors gauge demand and purchasing power.

Key metrics for Spencer compared with Oklahoma City
Indicator Spencer Oklahoma City
Median Household Income $57,550 $67,015
Median Home Value $119,000 $248,100
Typical Rent (monthly) $1,400 $1,400
HS Diploma or Higher 91.0% 89.1%
Bachelor’s Degree+ 22.4% 36.6%
Persons in Poverty 16.3% 15.6%
Mean Commute Time 26.0 min 22.2 min
Source: ACS 2023 (via Census Reporter); Zillow Rental Manager market trends (accessed Oct 9, 2025).

Simple Property Management → Spencer

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Spencer, OK — Housing & Rentals Overview

Spencer offers affordable, family-friendly neighborhoods, proximity to Midwest City and Oklahoma City, and convenient access via N.E. 23rd Street (OK-62) and Midwest Boulevard. It’s an attractive option for residents seeking value, space, and community while staying close to major employment centers in the OKC metro. Below is a snapshot of home values, rental dynamics, and investor insights.

Housing Information

According to 2023 Census data (ACS), the median value of owner-occupied homes in Spencer is $119,000, compared with $248,100 in Oklahoma City.

Spencer’s median household income is $57,550, with a poverty rate of 16.3%. These figures highlight its affordability and potential for positive rental yield in a stable working-class community.

Rental Market Snapshot

As of , Zillow reports the average rent in Spencer around $1,400/month. Listings for single-family homes generally range between $1,100–$1,600, depending on size, updates, and location.

Leasing Conditions

  • Steady demand for affordable 3-bedroom homes near schools, parks, and main commuter corridors.
  • Properties with modern updates and good curb appeal tend to rent quickly within 2–4 weeks when priced competitively.
  • Most tenant leads come from online portals like Zillow and Facebook Marketplace, with strong local word-of-mouth.

The draw for Spencer rentals is driven by:

  1. Proximity to Midwest City and OKC, offering access to major employers and Tinker Air Force Base.
  2. Affordable home prices with solid rental return potential for small investors.
  3. Community character with established neighborhoods and improving local infrastructure.

Many homes in Spencer date from the mid-20th century through the early 2000s. Investors should budget for moderate updates—HVAC, roofing, and cosmetic improvements—while newer builds near N.E. 23rd Street or Spencer Road generally offer lower maintenance and predictable repair costs.

Residents enjoy convenient access to shopping and dining along N.E. 23rd Street and nearby Midwest City. For city services and community resources, see:

Balanced view for investors in Spencer:

  • Pros: Affordable entry prices, consistent rental demand, stable occupancy, close to OKC and Tinker AFB.
  • Cons: Older housing stock may need upgrades; appreciation tends to be gradual compared to western OKC suburbs.

Summary

Spencer’s affordability, location near key employment hubs, and solid rental fundamentals make it a practical market for steady, income-focused investors. With proactive maintenance and local management, vacancy and turnover can be kept low, ensuring consistent returns.

Service map for Simple Property Management across the OKC metro
Coverage across Oklahoma City metro and nearby suburbs.

Areas We Serve

Full-service property management across the Oklahoma City metro.

Don’t see your neighborhood? Contact us—we likely serve it.

Property Management — Spencer, OK FAQs

What is the current population of Spencer?
The latest ACS 5-year profile lists Spencer’s population at about 3,942 residents (2023).[1]
What is the median household income in Spencer?
Spencer’s median household income is approximately $57,550 (2023 ACS 5-year).[1]
What is the median home value in Spencer?
The median value of owner-occupied homes in Spencer is about $119,000 (2023 ACS 5-year).[1]
What is the renter vs homeowner occupancy in Spencer?
About 66.6% of occupied housing units are owner-occupied; renters make up the remaining share (2023).[2]
What is the poverty rate in Spencer?
Approximately 16.2%–16.3% of residents live below the poverty line (2023).[1][2]
What is the median gross rent in Spencer?
The median gross rent is roughly $1,001/month (2023).[3]
Is Spencer growing?
Spencer’s population edged down by about 0.68% from 2022 to 2023 (3,969 → 3,942).[2]
What is the average commute time for residents?
The average commute time is about 26 minutes (ACS) — Data USA reports 25.9 minutes for 2023.[1][2]

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