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Rent by ZIP · Alamance County

Rent in Elon, NC 27244

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,230 (-0.8% vs FY2026). Renters in this ZIP code pay a median $972 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$980$920+6.5%$882–1,078–
1 bedroom$1,120$1,1200%$1,008–1,232$514 ±$292
2 bedrooms$1,230$1,240-0.8%$1,107–1,353–
3 bedrooms$1,520$1,540-1.3%$1,368–1,672$1,172 ±$350
4 bedrooms$1,910$1,810+5.5%$1,719–2,101$2,313 ±$1,507

Small Area FMRs for the Burlington, NC MSA. This ZIP code is in more than one HUD area; figures are for the main one. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Burlington, NC MSA, 2 bedrooms: $1,348.

What renters pay in 27244

Median gross rent$972±$233 · all sizes
Renter households86619% of occupied homes
No cash rent77households

How rents are spread

Under $1,00053%
$1,000–1,49924%
$1,500–1,99911%
$2,000–2,4995%
$2,500–2,9990%
$3,000–3,4998%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
27243Efland$1,540$854
27242Eagle Springs$1,230$727
27247Ether$1,010–
27248Franklinville$1,210$747
27239Denton$1,010$819
27249Gibsonville$1,060$728

Fair Market Rents across Alamance County, NC · All NC counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.