
Cheap Apartments for Rent in Elm City, NC from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Elm City.


Stanton Pointe Apartments

Wellongate Apartments

Woods at Benvenue

College Court

Waterford Place
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Signature Place

Brighton Park

3543-3549 S George St

Five Points Crossing

1504 Coleman St SE

Ravenwood Crossing
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.

Paladin Apartments

200 Barnhill Ave

6301 Ward Blvd

Hampton Village Rocky Mount

Caswell at Arlington

805 Rountree Ave SE
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.

Cameron

340 Sharpe Rd

615 Taylor Dr

209 Oak Forest Dr NW

1700 Fletcher Dr

207 E Main St
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.

207 Lee St NE
Elm City, NC Local Guide

How much does it cost to rent an apartment in Elm City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elm City Studio Apartments | $1,272 | $895 | $1,560 |
| Elm City 1 Bedroom Apartments | $1,271 | $825 | $1,800 |
| Elm City 2 Bedroom Apartments | $1,672 | $695 | $2,400 |
| Elm City 3 Bedroom Apartments | $1,750 | $895 | $2,310 |
| Elm City 4 Bedroom Apartments | $1,549 | $1,499 | $1,699 |
Browse Top Apartments in Elm City
See all Apartments in Elm CityExplore Elm City
Elm City, NC Local Guide
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Cheapest Available Elm City Apartments for Rent and Nearby
 The cheapest available apartment rental in Elm City, NC is a 2 Beds unit found at Five Points Crossing priced from $565. Ravenwood Crossing has the second lowest priced unit, which is a 3 Beds apartment currently listed from $626. Here is today’s list of the most affordable Elm City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Five Points Crossing | Two Bedroom | 2BR,1BA | $565 |
| Ravenwood Crossing | 3 Bedroom | 3BR,2BA | $626 |
| Caswell at The Mills | 2 BED/1 BATH | 2BR,1BA | $695 |
| Stanton Pointe Apartments | 1241 Westpointe | 1BR,1BA | $825 |
| Cameron | A1 | 1BR,1BA | $884 |
Best Value Apartments for Rent in Elm City, NC and Nearby
As of May 27, 2026 the best value apartment in the Elm City area is the $0.84 price per square foot 1/1s Model at The Inn and Suite Apartments in the starting from $1,050. The second greatest value Elm City apartment is the 3 Bedroom Model at Ravenwood Crossing starting at $626 with a $0.55 price per square foot . Here is today’s list of the best values for Elm City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Inn and Suite Apartments | 1/1s | 1BR,1BA | $0.84 |
| Ravenwood Crossing | 3 Bedroom | 3BR,2BA | $0.55 |
| Waterford Place | 1x1 | 1BR,1BA | $0.99 |
| Briarcliff Apartments | 2x1 | 2BR,1BA | $1.30 |
| Five Points Crossing | Two Bedroom | 2BR,1BA | $0.62 |
| 3543-3549 S George St | 3545 | 2BR,1BA | $1.18 |
| Beacon Pointe - Wilson | 2 Bedrooms | 2BR,1BA | $1.19 |
| College Court | 1 Bedroom - Upgraded | 1BR,1BA | $1.19 |
| Caswell at The Mills | 2 BED/1 BATH | 2BR,1BA | $0.92 |
| Cameron | A1 | 1BR,1BA | $1.26 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elm City, NC Rentals by Map
See the most popular apartments and homes in Elm City, NC
Frequently Asked Questions about Cheap Elm City Apartments
What is the Cheapest Studio apartment in Elm City?
Currently the most affordable Cheap Studio Apartment in Elm City is at Legacy Lofts listed at $1,075.
How much is rent for a Cheap One Bedroom Elm City Apartment?
The lowest price for a Cheap One Bedroom Elm City Apartment is $825 at Stanton Pointe Apartments.
What is the lowest price for a Cheap Two Bedroom Elm City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elm City is starting from $565 at Five Points Crossing.
What is the most affordable Elm City Three Bedroom Apartment?
The best deal on a cheap Elm City Three Bedroom Apartment rental is at Ravenwood Crossing and starts from $626.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.