Cheap Homes for Rent in Elon, NC from $1,000 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Elon.

2207 Motley St

1400 Roslyn Dr

1120 Walnut St
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.

305 Smith St

3437 Shepherd Rd

3439 Shepherd Rd

3471 Forestdale Dr

1535 Wickham 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.

301 W Haggard Ave

1118 Sherwood Dr

302 Campus Walk Trl

3015 Winston Dr

3009 Winston Dr
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.
Elon, NC Local Guide

How much does it cost to rent a home in Elon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Elon 2 Bedroom Homes for Rent | $1,391 | $1,075 | $1,800 |
| Elon 3 Bedroom Homes for Rent | $1,729 | $1,200 | $2,275 |
| Elon 4 Bedroom Homes for Rent | $2,096 | $1,775 | $2,575 |
Browse Top Homes for Rent 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 $775. Emerald Court in the Lindley Park Estates neighborhood has the second lowest priced unit, which is a 2 Beds 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 | $775 |
| Emerald Court | 2/1 Garden | 2BR,1BA | $999 |
| Residences at Forestdale | 1 Bedroom 1 Bath Large | 1BR,1BA | $1,040 |
| Huffman Mill Townhomes | 2 Bed | 1.5 Bath | 2BR,1BA | $1,049 |
| West Pointe | One Bedroom | 1BR,1BA | $1,115 |
Best Value Apartments for Rent in Elon, NC
As of December 22, 2025 the best value apartment in the Elon area is the $1.28 price per square foot C1 Model at Spire at Darrowby Ridge in the in the Lindley Park Estates neighborhood starting from $1,995. The second greatest value Elon apartment is the Maywood Model at Rosemary Glen starting at $1,824 with a $1.28 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 | C1 | 3BR,2.5BA | $1.28 |
| Rosemary Glen | Maywood | 3BR,2.5BA | $1.28 |
| Huffman Mill Townhomes | 2 Bed | 2 Bath | 2BR,2BA | $0.89 |
| Catherine Place Townhomes | Townhome D | 2BR,2.5BA | $1.28 |
| 198 Milltown Apartments | The Boro | 2BR,2BA | $1.35 |
| Emerson Point | 2 Bed x 2 Bath | 2BR,2BA | $1.13 |
| Coat of Arms Apartments | 2 Bed/1.5 Bath | 2BR,1.5BA | $1.09 |
| Woodland Heights of Burlington | One Bedroom | 1BR,1BA | $1.15 |
| Summerlyn Place | 2x1 P+ | 2BR,1BA | $1.32 |
| Emerald Court | 2/1 Garden | 2BR,1BA | $1.45 |
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 ArticleThe 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.
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 Elon
What type of rentals are currently available in Elon?
There are currently 61 Apartments for Rent in Elon, NC with pricing that ranges from $685 to $2,600. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elon ranging from $1,075 to $2,575.
What is the current price range for Rental Homes in Elon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elon ranges from $1,075 to $2,575 with an average monthly rent of $1,635.
How much are larger Three and Four Bedroom Rentals in Elon?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elon range from $795 to $2,360, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,275. Four Bedroom Single-Family rentals are also available starting from $1,775 and Four Bedroom Apartments start at $775.
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

Where to Rent in Greensboro: Top Affordable Neighborhoods for Families and Singles
Written by: Catrina Cowart
Hello again, everyone. I'm Catrina, and I'm your ApartmentHomeLiving.com Local Expert for Greensboro, North Carolina.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

