
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.


Paladin Apartments

Caswell at The Mills
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.

Summit Place Apartments

Stanton Pointe Apartments

Cameron

Woods at Benvenue

The Lofts at Whirligig Station
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.

1003 Vance St N

106 Spruce St W

411 Hadley St SE

503 Singletary St SE

903 Crawford St S
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.

406 Jordan St SW

1621 Cypress St

113 East St E

1101 Proctor St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1037 Proctor St
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 | $1,182 | $895 | $1,560 |
Elm City 1 Bedroom Apartments | $1,194 | $795 | $1,740 |
Elm City 2 Bedroom Apartments | $1,444 | $825 | $1,925 |
Elm City 3 Bedroom Apartments | $1,577 | $500 | $2,200 |
Browse Top Apartments in Elm City
See all Apartments in Elm CityExplore Elm City
Elm City, NC Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Elm City Apartments for Rent and Nearby
 The cheapest available apartment rental in Elm City, NC is a 1 Bed unit found at Five Points Crossing priced from $500. Ravenwood Crossing has the second lowest priced unit, which is a 2 Beds apartment currently listed from $528. 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 | One Bedroom | 1BR,1BA | $500 |
Ravenwood Crossing | 2 Bedroom | 2BR,2BA | $528 |
Paladin Apartments | 1BR 1 BA | 1BR,1BA | $795 |
Caswell at The Mills | 2 BED/1 BATH | 2BR,1BA | $825 |
Wellongate Apartments | 2GU | 2BR,1BA | $875 |
Best Value Apartments for Rent in Elm City, NC and Nearby
As of August 04, 2025 the best value apartment in the Elm City area is the $0.61 price per square foot 3 Bedroom Model at Ravenwood Crossing in the starting from $693. The second greatest value Elm City apartment is the The Windsor Model at Thornberry Park starting at $1,261 with a $1.15 price per square foot in the Westwood Village neighborhood. 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. |
---|---|---|---|
Ravenwood Crossing | 3 Bedroom | 3BR,2BA | $0.61 |
Thornberry Park | The Windsor | 2BR,2BA | $1.15 |
Waterford Place | 1x1 | 1BR,1BA | $1.13 |
Briarcliff Apartments | 2x1 | 2BR,1BA | $1.04 |
208 N Anderson St, Unit A | 208 N Anderson St | 2BR,1BA | $1.11 |
Wellongate Apartments | 2GU | 2BR,1BA | $1.02 |
3543-3549 S George St | 3545 | 2BR,1BA | $1.18 |
Beacon Pointe - Wilson | 2 Bedrooms | 2BR,1BA | $1.19 |
Caswell at The Mills | 2 BED/1 BATH | 2BR,1BA | $1.09 |
Five Points Crossing | One Bedroom | 1BR,1BA | $0.70 |
Quick 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
Getting Around Elm City, NC
Walk Score®
12 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
30 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Woods at Benvenue listed at $895.
How much is rent for a Cheap One Bedroom Elm City Apartment?
The lowest price for a Cheap One Bedroom Elm City Apartment is $500 at Five Points Crossing.
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 $528 at Ravenwood 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 $693.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.