Cheap Homes for Rent in Elkin, NC from $700 (10 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Elkin, NC Local Guide

Cheapest Available Elkin Apartments for Rent and Nearby

 

The cheapest available apartment rental in Elkin, NC is a 1 Bed unit found at Pegram Landing II in the Shallowford Reserve neighborhood priced from $386. Summer Pointe Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Elkin apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pegram Landing IIOne Bedroom1BR,1BA$386
Summer Pointe Apartment HomesStudioStudio,1BA$775
3640-3690 Yarbrough Ave1 BR 1 BA1BR,1BA$800

Best Value Apartments for Rent in Elkin, NC and Nearby

As of December 24, 2025 the best value apartment in the Elkin area is the $0.93 price per square foot 2BR - 1.5BTH TH R Model at Morgan Place Apartments in the in the Clemmons neighborhood starting from $1,125. The second greatest value Elkin apartment is the Clemmons Village Apartments | 2 Bedroom One Bat... Model at Clemmons Village Apartments starting at $1,350 with a $1.19 price per square foot in the Clemmons neighborhood. Here is today’s list of the best values for Elkin apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Morgan Place Apartments2BR - 1.5BTH TH R2BR,1.5BA$0.93
Clemmons Village ApartmentsClemmons Village Apartments | 2 Bedroom One Bat...2BR,1BA$1.19
Chamberlain Place Apartments1 BR Traditional1BR,1.5BA$1.35
Providence Pointeone bedroom/ one bath1BR,1BA$1.24
200 Braehill ApartmentsWalnut1BR,1BA$1.31
Sherwood Station ApartmentsA21BR,1BA$1.34
Arbors Apartments1 Bed, 1 bath1BR,1BA$1.31
Pegram Landing IIOne Bedroom1BR,1BA$0.54
Lofts at Glenhaven1A Gold1BR,1BA$1.42
4540-4558 June Ave1BR 1BA1BR,1BA$1.33

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Elkin

What type of rentals are currently available in Elkin?

There are currently 56 Apartments for Rent in Elkin, NC with pricing that ranges from $386 to $2,586. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elkin ranging from $795 to $3,195.

What is the current price range for Rental Homes in Elkin?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Elkin ranges from $795 to $3,195 with an average monthly rent of $1,633.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!