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Apartments in Elon

1 - 5 of 5 Results
19
$1,975
3214 Midway Church Rd
Elon, NC
3 BR | Available Now
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House
2
$800
Phoenix Villas-elon Student Housing!
Villas Way Elon, NC
2 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Dishwasher
Pool
3
$2,400
216 E Summerbell Ave
Elon, NC
3 BR | Jun. 1, 2025
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House
1
$1,349
3443 Shepherd Rd #0043
Elon, NC
3 BR | Available Now
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1
$1,349
3437 Shepherd Rd
Elon, NC
3 BR | Sep. 25, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
1 - 5 of 5 Results
  1. Home
  2. Burlington, NC Area Apartments
  3. Elon

How much does it cost to rent an apartment in Elon?

Elon Apartments
Bed Type Average Rent Range
3BR $1,980 $1,350 - $2,400
Frequently Asked Questions

How many apartments are available in Elon, NC on Rentable.co?

Rentable.co has over 166 apartments available in Elon.

Can I afford an apartment for rent in Elon, NC?

Based on average rent prices in Elon, to afford a three-bedroom apartment you would need an annual household income of $79,000 to live comfortably.

Search Cities Near Elon, NC

Gibsonville, NC
Burlington, NC
Whitsett, NC
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Mebane, NC
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Summerfield, NC

Campuses Nearby

Elon University
Elon University

Elon:
September Rent Report

Welcome to the September 2024 Elon Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the September 2024 key findings and figures for the Elon rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Elon and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Elon average rent prices in the chart below.

Monthly Rent Report

$1,450
$1,090
$730
$360
$0
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
1 BR       2 BR

Elon Rent Prices Decrease From August to September

Elon rent prices decreased over the last month. From August to September, the city experienced a -0.59% decrease for the price of a one-bedroom apartment. The rent price for a Elon one-bedroom apartments currently stands at $671.0.

When we take a look at the two-bedroom comparison from August to September, Elon experienced a -8.36% decrease for the price of a two-bedroom apartment. The rent price for a Elon two-bedroom apartments currently stands at $1,283.0.

September Prices: Elon vs. Surrounding Areas

Rent Prices in Elon and Surrounding Areas

Rent prices have decreased in Elon over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Elon suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Elon suburbs

  • Rents did not decrease in any of the Elon suburbs.

September 2024 Pricing Trends: Elon vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,195
$3,010
$2,365
$2,344
$1,862
$1,378
$1,226
$1,145
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Elon Rent Prices More Affordable Than Major Cities

Rent growth in Elon over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Elon average rent prices appear to be relatively affordable for local residents.

The price for a Elon one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Elon and surrounding area rent prices, take a look at the complete data set below.

Data set for Elon and suburbs

1 BR September 1 BR M/M % Change 2 BR September 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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