What's the average rent in Elon, NC?

Rental Market Trends in Elon, NC

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Elon, NC is $1,500 per month, which is 23% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$1,500
7.1%
$100 increase month-over-month
-13.0%
-$225 decrease year-over-year

AVAILABLE RENTALS

25

APARTMENTS

$1,350

HOUSES

$1,925

TOWNHOUSES

$2,100
As of September 2026, apartments are the most affordable rental option in Elon, NC at $1,350 per month, while townhomes are the most expensive at $2,100 per month. Houses average $1,925 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$695
2 Bedrooms$1,350
3 Bedrooms$1,890
4 Bedrooms$595
All$1,500
As of September 2026, the average rent for a 1 bedroom rental in Elon, NC is $695 per month, followed by $1,350 for a 2 bedroom rental, $1,890 for a 3 bedroom rental, and $595 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -13% compared to the previous year, which is a $225 decrease.
This year (2026)
Last year (2025)

Rent distribution

35% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $525 to $4,000.
discover
a place
you'll love
to live