
Cheap Homes for Rent in Elkin, NC from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Elkin.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

391 Cook Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

517 Willow St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

203 Circle Dr

829 Main St
Elkin, NC Local Guide

How much does it cost to rent a home in Elkin?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Elkin 2 Bedroom Homes for Rent | $1,072 | $949 | $1,195 |
Elkin 3 Bedroom Homes for Rent | $1,766 | $997 | $2,300 |
Elkin 4 Bedroom Homes for Rent | $2,159 | $1,550 | $2,800 |
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Explore Elkin
Elkin, NC Local Guide
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Cheapest Available Elkin Apartments for Rent and Nearby
 The cheapest available apartment rental in Elkin, NC is a 1 Bed unit found at Pegram Landing II in the Shallowford Reserve neighborhood priced from $386. The Retreat at Statesville has the second lowest priced unit, which is a 1 Bed apartment currently listed from $436. Here is today’s list of the most affordable Elkin apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pegram Landing II | One Bedroom | 1BR,1BA | $386 |
The Retreat at Statesville | 1 Bed, 1 bath | 1BR,1BA | $436 |
The Flats at Salem | 11 | 1BR,1BA | $765 |
Best Value Apartments for Rent in Elkin, NC and Nearby
As of May 11, 2025 the best value apartment in the Elkin area is the $1.10 price per square foot 2B Flat Semi-Classic Model at Clemmons Village Apartments in the in the Clemmons neighborhood starting from $1,250. The second greatest value Elkin apartment is the 1BR - 1BTH Model at Morgan Place Apartments starting at $950 with a $0.93 price per square foot in the Clemmons neighborhood. Here is today’s list of the best values for Elkin apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Clemmons Village Apartments | 2B Flat Semi-Classic | 2BR,1BA | $1.10 |
Morgan Place Apartments | 1BR - 1BTH | 1BR,1BA | $0.93 |
Chamberlain Place Apartments | 1 BR Traditional | 1BR,1.5BA | $1.35 |
Providence Pointe | one bedroom/ one bath | 1BR,1BA | $1.37 |
Lofts at Glenhaven | 2A Classic | 2BR,1.5BA | $1.29 |
The Flats at Salem | 21Z | 2BR,1BA | $1.34 |
Arbors Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.31 |
Pegram Landing II | One Bedroom | 1BR,1BA | $0.54 |
The Retreat at Statesville | 1 Bed, 1 bath | 1BR,1BA | $0.62 |
June At Old Town | 1BR 1BA | 1BR,1BA | $1.33 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Elkin
What type of rentals are currently available in Elkin?
There are currently 54 Apartments for Rent in Elkin, NC with pricing that ranges from $386 to $3,306. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Elkin ranging from $550 to $2,800.
What is the current price range for Rental Homes in Elkin?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Elkin ranges from $550 to $2,800 with an average monthly rent of $1,428.
How much are larger Three and Four Bedroom Rentals in Elkin?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Elkin range from $527 to $3,306, while Three Bedroom Homes, Condos, and Townhomes for rent range from $997 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $2,255.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.