Studio Apartment Rent in Elon, NC
Median asking rent for a studio apartment in Elon, North Carolina as of March 2026. That's +28% lower than the citywide median of $625 and +65% below the national studio median of $1,290.
Income needed for a studio in Elon
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a studio at the current median rent.
Rent by apartment size in Elon
Compare Elon's median rent across every apartment size.
Cheapest cities for a studio in North Carolina
| # | City | Studio rent |
|---|---|---|
| 1 | Elon (this page) | $449 |
| 2 | Waynesville | $675 |
| 3 | Albemarle | $690 |
| 4 | Archdale | $700 |
| 5 | Shelby | $700 |
| 6 | Murphy | $710 |
| 7 | Lumberton | $720 |
| 8 | Asheboro | $724 |
| 9 | Lenoir | $730 |
| 10 | Henderson | $760 |
| 11 | Lillington | $770 |
| 12 | Marion | $790 |
| 13 | Aberdeen | $800 |
| 14 | Kings Mountain | $800 |
| 15 | Conover | $810 |
Most expensive cities for a studio in North Carolina
| # | City | Studio rent |
|---|---|---|
| 1 | Holly Springs | $1,870 |
| 2 | Waxhaw | $1,860 |
| 3 | Harrisburg | $1,860 |
| 4 | Apex | $1,827 |
| 5 | Chapel Hill | $1,725 |
| 6 | Mint Hill | $1,650 |
| 7 | Fuquay Varina | $1,580 |
| 8 | Wake Forest | $1,560 |
| 9 | Carrboro | $1,545 |
| 10 | Huntersville | $1,526 |
| 11 | Knightdale | $1,520 |
| 12 | Durham | $1,517 |
| 13 | Mooresville | $1,510 |
| 14 | Arden | $1,500 |
| 15 | Clayton | $1,495 |
Nearby cities — studio rent
Most nearby cities have similar or higher studio rents than Elon.
| City | Distance | Studio rent | vs Elon |
|---|---|---|---|
| Burlington, NC | 8.1 mi | $855 | +$406 (+90%) |
| Whitsett, NC | 14.6 mi | $1,120 | +$671 (+149%) |
| Mebane, NC | 16 mi | $1,250 | +$801 (+178%) |
| Graham, NC | 19.7 mi | $840 | +$391 (+87%) |
| Greensboro, NC | 25.1 mi | $1,033 | +$584 (+130%) |
| Danville, VA | 25.8 mi | $630 | +$181 (+40%) |
| Hillsborough, NC | 28.9 mi | $1,440 | +$991 (+221%) |
| Carrboro, NC | 32.9 mi | $1,545 | +$1,096 (+244%) |
| Pittsboro, NC | 37 mi | $1,250 | +$801 (+178%) |
| Archdale, NC | 37.5 mi | $700 | +$251 (+56%) |
| Chapel Hill, NC | 37.6 mi | $1,725 | +$1,276 (+284%) |
| Asheboro, NC | 39.5 mi | $724 | +$275 (+61%) |
Studio rent in Elon — common questions
How much is a studio apartment in Elon?
As of March 2026, the median studio apartment rent in Elon, North Carolina is $449 per month. This is +28% below the citywide median of $625.
What income do you need to afford a studio in Elon?
Using the standard 30% rent-to-income rule, you would need an annual income of about $17,960 ($1,497/month gross), which works out to roughly $8.63/hour at a full-time job.
Is Elon expensive for a studio compared to the rest of the US?
Elon's studio median of $449 is +65% below the national studio median of $1,290. It ranks in the 0th percentile of US cities tracked.
How does Elon rank for studio rent in North Carolina?
Among the 129 cities in North Carolina with studio data, Elon ranks #1 from cheapest to most expensive.
Are there cheaper studio options near Elon?
Most nearby cities have similar or higher studio rents than Elon.