What's the average rent in Elon, NC?
Rental Market Trends in Elon, NC
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Elon, NC is $1,500 per month, which is 23% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,500
-6.3%-$100 decrease month-over-month
-11.8%-$200 decrease year-over-year
AVAILABLE RENTALS
22
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Elon, NC at $921 per month, while townhomes are the most expensive at $1,750 per month. Houses average $1,750 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 | $1,249 |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | $575 |
| All | $1,500 |
As of June 2026, the average rent for a 1 bedroom rental in Elon, NC is $695 per month, followed by $1,249 for a 2 bedroom rental, $1,750 for a 3 bedroom rental, and $575 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,750 |
| 4 Bedrooms | — |
| All | $1,750 |
As of June 2026, the average rent for a 3 bedroom townhome in Elon, NC is $1,750 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,300 |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | $1,600 |
| 4 Bedrooms | $575 |
| All | $1,300 |
As of June 2026, the average rent for a 1 bedroom apartment in Elon, NC is $1,300 per month, followed by $1,200 for a 2 bedroom apartment, $1,600 for a 3 bedroom apartment, and $575 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,575 |
| 3 Bedrooms | $2,000 |
| 4 Bedrooms | $2,500 |
| All | $1,750 |
As of June 2026, the average rent for a 2 bedroom house in Elon, NC is $1,575 per month, followed by $2,000 for a 3 bedroom house, and $2,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -9% compared to the previous year, which is a $150 decrease.
This year (2026)
Last year (2025)
Rent distribution
34% of rentals have rent of $1,500-$2,199/month
Rental price range
The price range for rentals is $525 to $3,500.