Elon, NC rental market

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Last updated August 11, 2025

Rental market summary

The average rent for all bedrooms and all property types in Elon, NC is $1,725.

Average rent

$1,725

Month-over-month change

$0

Year-over-year change

-$519

Available rentals

21

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $500 to $4,000.

Rent frequencies
Rent priceNumber of rental properties
$5002
$6002
$1,1001
$1,2001
$1,4002
$1,5003
$1,6002
$1,7003
$1,8005
$1,9001
$2,0001
$2,3001
$2,4001
$2,9001
$3,0001
$3,9002
$4,000+2

Average rent price over time

In the last year, rent has decreased by $519 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,650$1,600
Feb$1,400$1,700
Mar$1,590$1,645
Apr$1,590$1,349
May$1,436$1,700
Jun$1,449$1,725
Jul$1,449$1,700
Aug$1,650$1,800
Sep$1,800No data
Oct$2,250No data
Nov$1,700No data
Dec$1,725No data

Market temperature

The Elon, NC rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Elon, NC is 18% lower than the national average.

Elon, NCvs.

$1,725

$2,100

Rent in Elon, NC

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Frequently asked questions

1. What is the average rent in Elon, NC?

The average rent in Elon, NC is $1,725.

2. How much does it cost to rent a house in Elon, NC?

Houses in Elon, NC rent between $500 - $4,000 with an average rent of $1,725.

3. How has the rent in Elon, NC changed in the last year?

In the last year, the rent in Elon, NC decreased by $519

4. How much has the rent in Elon, NC increased/decreased in the last month?

In the last month, the rent in Elon, NC did not change.

5. How many available rentals are there in Elon, NC?

There are currently 21 rentals available in Elon, NC.

6. How do rent prices in Elon, NC compare with the national average?

The average rent in Elon, NC is $1,725 — 17.86% lower the national average of $2,100.