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Rental Market Trends in Elon, NC

What is the average rent in Elon, NC?

-

Average Rent

-

Average Apartment Size

As of November 2025, the average rent in Elon, NC is - per month. When you rent an apartment in Elon, you can expect to pay about per month for a studio, for a one-bedroom apartment, and around $1,335 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,335/month
953 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,894/month
1,326 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Elon, NC?

-

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Elon, NC?

Because the average rent in Elon is -, you’ll want to make about per month or per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Elon, NC

144 Available Apartments for Rent

Search for Nearby Apartments

How does Elon, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Elon, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Burlington Average Rent
  • Whitsett Average Rent
  • Haw River Average Rent
  • Graham Average Rent

Apartment communities in Elon we think you'll love

Hawthorne at St. Marks

Hawthorne at St. Marks

1094 Forman Ln,
Burlington, NC 27215

$1,272 - $2,284

1-3 Beds

The Glenns at Elon

The Glenns at Elon

2434 W Webb Ave,
Burlington, NC 27217

$1,095 - $1,350

1-3 Beds

Emerson Point-New

Emerson Point-New

143 Emerson Pt Dr,
Elon, NC 27244

$1,400 - $1,450

2 Beds

The Phoenix Apartments

The Phoenix Apartments

1000 Campus Trace Dr,
Elon, NC 27244

$695

1 Bed

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United States North Carolina Elon Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity