Elon, NC rental market

What is the average rent in Elon, NC?

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Last updated September 15, 2026

Rental market summary

The average rent for all bedrooms and all property types in Elon, NC is $1,500.

Average rent

$1,500

Month-over-month change

+$100

Year-over-year change

-$225

Available rentals

25

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $525 to $4,000.

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Rent frequencies
Rent priceNumber of rental properties
$5002
$6003
$1,2003
$1,3002
$1,4007
$1,5003
$1,6002
$1,7002
$1,9003
$2,0001
$2,1001
$2,3001
$2,4001
$2,8001
$3,9001
$4,0001
$4,100+1

Average rent price over time

In the last year, rent has decreased by $225 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,600$1,700
Feb$1,700$1,350
Mar$1,645$1,645
Apr$1,349$2,000
May$1,700$1,640
Jun$1,725$1,575
Jul$1,700$1,490
Aug$1,800$1,500
Sep$1,725$1,500
Oct$1,700No data
Nov$1,650No data
Dec$1,700No data

Market temperature

The Elon, NC rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Elon, NC is 25% lower than the national average.

Elon, NCvs.

$1,500

$2,000

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Frequently asked questions

1. What is the average rent in Elon, NC?

The average rent in Elon, NC is $1,500.

2. What is the average rent for a one-bedroom apartment in Elon, NC?

The average rent for a one-bedroom apartment in Elon, NC is $695 per month.

3. What is the average rent for a two-bedroom apartment in Elon, NC?

The average rent for a two-bedroom apartment in Elon, NC is $1,295 per month.

4. What is the average rent for a three-bedroom apartment in Elon, NC?

The average rent for a three-bedroom apartment in Elon, NC is $1,700 per month.

5. What is the average rent for a four-bedroom apartment in Elon, NC?

The average rent for a four-bedroom apartment in Elon, NC is $595 per month.

6. How much does it cost to rent a house in Elon, NC?

Houses in Elon, NC rent between $525 - $4,000 with an average rent of $1,500.

7. How has the rent in Elon, NC changed in the last year?

In the last year, the rent in Elon, NC decreased by $225

8. How much has the rent in Elon, NC increased/decreased in the last month?

In the last month, the rent in Elon, NC increased by $100

9. How many available rentals are there in Elon, NC?

There are currently 25 rentals available in Elon, NC.

10. How do rent prices in Elon, NC compare with the national average?

The average rent in Elon, NC is $1,500 — 25% lower the national average of $2,000.

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