What's the average rent in Elon, NC?
Rental Market Trends in Elon, NC
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Elon, NC is $1,700 per month, which is 11% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,700
-4.0%-$70 decrease month-over-month
0.0%No change year over year
AVAILABLE RENTALS
24
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Elon, NC at $971 per month, while houses are the most expensive at $2,200 per month. Townhomes average $1,850 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $695 |
| 2 Bedrooms | $2,000 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $2,195 |
| All | $1,700 |
As of May 2026, the average rent for a 1 bedroom rental in Elon, NC is $695 per month, followed by $2,000 for a 2 bedroom rental, $1,700 for a 3 bedroom rental, and $2,195 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,850 |
| 4 Bedrooms | — |
| All | $1,850 |
As of May 2026, the average rent for a 3 bedroom townhome in Elon, NC is $1,850 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $695 |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $630 |
| All | $1,300 |
As of May 2026, the average rent for a 1 bedroom apartment in Elon, NC is $695 per month, followed by $1,700 for a 3 bedroom apartment, and $630 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $2,000 |
| 3 Bedrooms | $3,500 |
| 4 Bedrooms | $2,195 |
| All | $2,200 |
As of May 2026, the average rent for a 2 bedroom house in Elon, NC is $2,000 per month, followed by $3,500 for a 3 bedroom house, and $2,195 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +48% compared to the previous year, which is a +$651 increase.
This year (2026)
Last year (2025)
Rent distribution
37% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $525 to $3,570.