What's the average rent in Elon, NC?

Rental Market Trends in Elon, NC

Choose another city
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

$971

HOUSES

$2,200

TOWNHOUSES

$1,850
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 typeAverage 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.

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.
discover
a place
you'll love
to live