Rentometer, Inc. | Data as of 10/22/2025
Elon, North Carolina, blends a vibrant college-town atmosphere with the charm of a close‑knit community. Centered around the renowned Elon University campus, the city offers tree‑lined streets, eclectic dining, and cultural events that attract students, faculty, and families alike. Conveniently located near major highways and the Dan River, Elon provides easy access to the Research Triangle, while its historic downtown boasts boutique shops, art galleries, and seasonal festivals that celebrate local heritage.
The rental market in Elon is a balanced mix of modern apartments and spacious single‑family homes, catering to a diverse range of renters. Two‑bedroom apartments typically fall in the $1300s, with median rents hovering around $1,400, offering contemporary amenities and proximity to campus life. For those seeking more room, three‑bedroom houses command a $2000 range, with median figures near $1,900, making them ideal for families or roommates desiring a suburban feel without sacrificing convenience.
Neighborhoods such as Town Center and the historic district near Central Park are especially popular, providing walkable access to parks, coffee shops, and public transit. The nearby Elon Town Hall and the State Farmers Bank Museum add cultural depth, while the expanding research park attracts young professionals. Whether you’re a student looking for a short‑term lease, a faculty member seeking a quieter residence, or a family drawn to top‑rated schools, Elon’s rental options and welcoming community make it a compelling place to call home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 2 Bedroom | $1,366 | $1,400 | $1,200 - $1,500 | $1,200 - $1,500 |
| House | 3 Bedroom | $2,186 | $1,800 | $1,645 - $3,500 | $1,700 - $3,500 |
In the current period, the average rent in Elon was
$1,367 for 2 Bedroom, and
$2,348 for 3 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.