Elkin, NC has a population of 4,189, while the median age is 37. The household income in Elkin, NC is around $43,211. The homeownership rate among the residents is 63%. The median residential property value in Elkin, NC that you should keep in mind is $135,100.
Population | 4,189 |
Median Age | 37 |
Poverty Rate | 21% |
Household Income | $43,211 |
Number Of Employees | 1,809 |
Median Property Value | $135,100 |
Rent Price |
May | vs Last Month |
---|---|---|
1-bed apartments | $3,660 | -23% |
4+ bed apartments | $8,850 | +6.9% |
Over the May 2023, the average rent for an apartment in/near Elkin, NC increased by 24.4% to $6,255.
The average price for a rental studio in Elkin, NC has remained the same as last month and equals $3,993. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 23% to $3,660. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $3,795. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $6,450. We tend to note the rise of 4- and more bed apartment pricing. It increased by 6.9% and made it up to $8,850.
Rent Type Price |
May | vs Last Month |
---|---|---|
Houses for rent | $8,850 | +62.1% |
Apartments for rent | $3,660 | -20.8% |
The median rent for an apartment in Elkin, NC decreased by 20.8% to $3,660. Statistics show that house rent price increased by 62.1% this month making it up to $8,850. Condo for rent is now available for the same pricing as previously — $7,140. Townhouse rent pricing didn’t change, the price still starts at $3,900.