Apartments & Homes for Rent in Elkin, NC

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What to Know About

Life in Elkin & Beyond

Elkin shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Elkin, NC

As of April 2025, Elkin's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Elkin's average rent is 42.4% ($686) lower than the North Carolina average of $1,618 and 48.2% ($867) lower than the U.S. average of $1,799.

Average Rent
$932
Monthly ChangeMonth Over Month Change
Decreased2% ($19)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $809 Decreased1% ($8) No change
2 Beds $967 No change No change
3 Beds $1,232 Increased2% ($24) No change
Nearby Cities Average Rent Avg. Rent vs. ElkinAverage Rent vs. Elkin Avg. Days on MarketAverage Days on Market
Boonville $1,026 Increased10.1% ($94) 36 days
Mount Airy $919 Decreased1.4% ($13) 35 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Elkin Rental Market FAQs

Explore rental prices, market trends, and availability in Elkin, NC.

The average rent in Elkin, NC is $932 per month.
Homes in Elkin typically rent for between $600 and $1,602 per month, with an average of $932 per month.
In Elkin, the average rent for a 1-bedroom home is $809 per month, for a 2-bedroom home, $967 per month, and a 3-bedroom home is $1,232 per month.
The average rent in Elkin is 48.2% ($867) lower than the national average of $1,799 per month.
The rental market in Elkin, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Elkin, NC, the average rental stays on the market for approximately 34 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There is currently 1 rental property available in Elkin, NC.
Based on the current averages, a household would need an annual income of $38,680 to comfortably afford a 2-bedroom home in Elkin.
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