
Cheap Apartments for Rent in Elon, NC from $600 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Elon.


Total Monthly Price
102 Campus Walk Trl, Unit APT 201

Elon Place Apartments

301 W Haggard Ave

Emerson Point

Evellien & Provence: Townhomes + Apartments Student Housing

3107 Lucas St

302 Campus Walk Trl
Where to Rent in Greensboro: Top Affordable Neighborhoods for Families and Singles
Discover our local expert's top affordable neighborhoods for renting in Greensboro, NC. Find your perfect Greensboro apartments for rent, whether you're looking for downtown action, historic charm, or a great commute.

Partners Place

929 E Haggard Ave

101 Campus Walk Trl

Auburn Trace Apartments

Residences at Forestdale

Huffman Mill Townhomes

Ethan Pointe Apartments

Emerald Court
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Glenns at Elon

Wayfare at Garden Crossing

West Pointe

Alamance Reserve

Total Monthly Price
Woodland Heights of Burlington

Summerlyn Place

Cypress Pointe

Retreat at the Park
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

198 Milltown Apartments

Windsor Upon Stonecrest

Hawthorne at St. Marks

Grand Oaks Apartments

The Chase

Ardmore Meadows

Total Monthly Price
Buckhill Village

Catherine Place Townhomes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1511 Albright Ave

1128 Ava St

725 S Broad St

2408 Ashton Park Ln

1400 Roslyn Dr

Coat of Arms Apartments

Eden Place

1104 Attica 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.

Westbrook Apartments

1700 Roslyn Dr

3475 Forestdale Dr

2019 S Mebane St
Elon, NC Local Guide

How much does it cost to rent an apartment in Elon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Elon Studio Apartments | $938 | $920 | $950 |
| Cheap Elon 1 Bedroom Apartments | $1,297 | $685 | $1,600 |
| Cheap Elon 2 Bedroom Apartments | $1,427 | $755 | $1,850 |
| Cheap Elon 3 Bedroom Apartments | $1,647 | $795 | $2,360 |
| Cheap Elon 4 Bedroom Apartments | $1,918 | $630 | $2,495 |
Browse Top Apartments in Elon
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Elon, NC Local Guide
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Cheapest Available Elon Apartments for Rent
 The cheapest available apartment rental in Elon, NC is a 4 Beds unit found at Evellien & Provence: Townhomes + Apartments Student Housing in the North Burlington neighborhood priced from $685. Residences at Forestdale in the Burlington neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Elon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evellien & Provence: Townhomes + Apartments Student Housing | Provence Apartments | 4BR,2BA | $685 |
| Residences at Forestdale | 1 Bedroom 1 Bath Classic | 1BR,1BA | $999 |
| Ethan Pointe Apartments | A - Aspen | 1BR,1BA | $1,041 |
| Wayfare at Garden Crossing | Pryor | 1BR,1BA | $1,105 |
| West Pointe | Two Bedroom, One Bath | 2BR,1BA | $1,109 |
| Huffman Mill Townhomes | 2A Classic | 2BR,1BA | $1,166 |
| Woodland Heights of Burlington | One Bedroom | 1BR,1BA | $1,175 |
| Alamance Reserve | The Highland | 1BR,1BA | $1,175 |
| Elon Place Apartments | Garden Apartment | 2BR,1BA | $1,199 |
| Retreat at the Park | IRIS | 1BR,1BA | $1,220 |
Best Value Apartments for Rent in Elon, NC
As of July 31, 2026 the best value apartment in the Elon area is the $1.11 price per square foot D1 Model at Spire at Darrowby Ridge in the in the Lindley Park Estates neighborhood starting from $2,495. The second greatest value Elon apartment is the Newton Model at Rosemary Glen starting at $1,849 with a $1.31 price per square foot in the Lindley Park Estates neighborhood. Here is today’s list of the best values for Elon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Spire at Darrowby Ridge | D1 | 4BR,3.5BA | $1.11 |
| Rosemary Glen | Newton | 3BR,2.5BA | $1.31 |
| Catherine Place Townhomes | Townhome D | 2BR,2.5BA | $1.28 |
| Huffman Mill Townhomes | 2A Gold | 2BR,1BA | $1.14 |
| Emerson Point | 2 Bed x 2 Bath | 2BR,2BA | $1.33 |
| Windsor Upon Stonecrest | The Kensington | 2BR,2BA | $1.38 |
| Woodland Heights of Burlington | One Bedroom | 1BR,1BA | $1.15 |
| Hawthorne at St. Marks | The Sapphire | 2BR,2BA | $1.39 |
| Alamance Reserve | The Highland | 1BR,1BA | $1.40 |
| Ethan Pointe Apartments | A - Aspen | 1BR,1BA | $1.36 |
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.
Best Local Schools in Elon, NC
Western Alamance High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Elon, NC Rentals by Map
See the most popular apartments and homes in Elon, NC
Frequently Asked Questions about Cheap Elon Apartments
How much is rent for a Cheap One Bedroom Elon Apartment?
The lowest price for a Cheap One Bedroom Elon Apartment is $999 at Residences at Forestdale.
What is the lowest price for a Cheap Two Bedroom Elon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Elon is starting from $1,072 at Ethan Pointe Apartments.
What is the most affordable Elon Three Bedroom Apartment?
The best deal on a cheap Elon Three Bedroom Apartment rental is at Huffman Mill Townhomes and starts from $1,249.
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

Greensboros Collegiate Charms: The Best Neighborhoods for Renters in Greensboro
Written by: Catrina Cowart
Greensboro is a beautiful city; it's one that has areas with parks and churches, downtown events, and interesting things to do.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.