The House of Cards actor's career went into freefall after Anthony Rapp accused him of inappropriate behaviour in 2017 and he admitted the subsequent years have taken a toll financially, leading to him losing his house in Maryland.
Spacey - who has been cleared of multiple sexual misconduct charges - told The Daily Telegraph newspaper: "(I lost my house) because the costs over these last seven years have been astronomical. I've had very little coming in and everything going out.
"You get through it. In weird ways, I feel I'm back to where I first started, which is I just went where the work was. Everything is in storage, and I hope at some point, if things continue to improve, that I'll be able to decide where I want to settle down again.
"I'm living in hotels, I'm living in Airbnbs, I'm going where the work is. I literally have no home, that's what I'm attempting to explain."
After admitting his finances are "not great", the Oscar-winning star was asked if he had feared bankruptcy and replied: "It was discussed, but it never got to that point."
The 66-year-old actor has been shunned by Hollywood in recent years, though he has made six movies in the last three years, largely working with emerging filmmakers, but he's convinced he will eventually get his career back to where it used to be.
"We are in touch with some extremely powerful people who want to put me back to work.
"And that will happen in its right time. But I will also say what I think the industry seems to be waiting for is to be given permission - by someone who is in some position of enormous respect and authority."
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