
Cheap Homes for Rent near Elm City, NC from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Elm City.


1504 Coleman St SE

914 Nashville Rd

912 Nashville Rd

615 Lincoln St S

413 Midway St
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.

6301 Ward Blvd

805 Rountree Ave SE

803 Rountree Ave SE

1603 Washington St E

511 Albert Ave NW, Unit PP A

340 Sharpe Rd
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.
Elm City, NC Local Guide

How much does it cost to rent a home in Elm City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elm City 2 Bedroom Homes for Rent | $952 | $495 | $1,475 |
| Elm City 3 Bedroom Homes for Rent | $1,605 | $1,075 | $2,500 |
| Elm City 4 Bedroom Homes for Rent | $1,765 | $1,425 | $2,175 |
Browse Top Homes for Rent in Elm City
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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 1 Bed unit found at Five Points Crossing priced from $500. Pender Crossing in the Westwood Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $620. 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 |
| Pender Crossing | Two Bedroom | 2BR,1BA | $620 |
| Caswell at The Mills | 2 BED/1 BATH | 2BR,1BA | $695 |
| Ravenwood Crossing | 3 Bedroom | 3BR,2BA | $718 |
| Stanton Pointe Apartments | 1241 Westpointe | 1BR,1BA | $825 |
Best Value Apartments for Rent in Elm City, NC and Nearby
As of July 11, 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 The Winchester Model at Thornberry Park starting at $1,339 with a $1.12 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. |
|---|---|---|---|
| The Inn and Suite Apartments | 1/1s | 1BR,1BA | $0.84 |
| Thornberry Park | The Winchester | 2BR,2BA | $1.12 |
| Ravenwood Crossing | 3 Bedroom | 3BR,2BA | $0.63 |
| Wellongate Apartments | 2TH | 2BR,1.5BA | $1.14 |
| Westpointe Apartments | Two Bedroom - One Bathroom | 2BR,1BA | $1.11 |
| Briarcliff Apartments | 2x1 | 2BR,1BA | $1.17 |
| Pender Crossing | Two Bedroom | 2BR,1BA | $0.68 |
| Park Village Apartments | 2BR/1.0BA | 2BR,1BA | $1.11 |
| Caswell at The Mills | 2 BED/1 BATH | 2BR,1BA | $0.92 |
| Five Points Crossing | One Bedroom | 1BR,1BA | $0.70 |
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!
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Frequently Asked Questions about Elm City
What type of rentals are currently available in Elm City?
There are currently 79 Apartments for Rent in Elm City, NC with pricing that ranges from $625 to $2,400. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elm City ranging from $495 to $2,500.
What is the current price range for Rental Homes in Elm City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elm City ranges from $495 to $2,500 with an average monthly rent of $1,216.
How much are larger Three and Four Bedroom Rentals in Elm City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elm City range from $895 to $2,310, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,075 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,399.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.