Cheap Apartments for Rent in Elon, NC

27 rentals

Apartments For Rent Near Elon, NC

We found 30 more apartments matching your filters just outside Elon

Average Rent Trends in Elon, NC

Rent in Elon, NC varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Apr 2026 compared to the previous month. Rent previously peaked in Aug 2025.
MonthAverage rent
May 2025$1,700
Jun 2025$1,725
Jul 2025$1,700
Aug 2025$1,800
Sep 2025$1,725
Oct 2025$1,700
Nov 2025$1,650
Dec 2025$1,700
Jan 2026$1,700
Feb 2026$1,350
Mar 2026$1,645
Apr 2026$2,000
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$695$2,000$1,700$2,195$1,700
Townhomes——$1,850—$1,850
Apartments and Condos$695—$1,700$630$1,300
Houses—$2,000$3,500$2,195$2,200
See more information about local market trends in Elon, NC

Frequently Asked Questions about Rentals in Elon, NC

  • What is the average rent in Elon, NC?
    The average rent in Elon, NC is $1,611. Rent prices range from $525 to as much as $3,570, depending on the type of rental.
  • How does the rent in Elon, NC compare to the national average?
    Average rent in Elon, NC is about 16% lower than the national average rent of $1,910. That means it is less expensive to rent in Elon compared to the U.S. average.
  • What is the average rent in Elon, NC, by number of bedrooms?
    The average rent in Elon, NC is $800 for a studio, $600 for a 1 bedroom, $2,000 for a 2 bedroom, $1,775 for a 3 bedroom, and $2,148 for a 4 bedroom.
  • How have rent prices in Elon, NC changed compared to last year?
    In the past year, the average rent price in Elon, NC has decreased by $89. That means the average rent is 6% lower than last year.
  • How many available rental listings are in Elon, NC?
    There are 28 available rental listings in Elon, NC.
  • What colleges and universities are in Elon, NC?
    Colleges and universities in Elon, NC include: Elon University.
  • What are some zip codes in Elon, NC?
    Elon, NC includes zip codes such as: 27244.
  • What are some cities near Elon, NC?
    Some nearby cities include: Ossipee, Altamahaw, Gibsonville, Glen Raven, Burlington. These cities may have more rental options to explore.