Cheap Apartments for Rent in Banner Elk, NC from $700 (31 Rentals)

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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200-206 S Boone St
1 Bedroom Apartments

200-206 S Boone St

200-206 S Boone StJohnson City, TN 37604
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Paxton Place
1 to 2 Bedroom Apartments

Paxton Place

407 S Roan StJohnson City, TN 37601
  • Utilities Included
Showing Results 1-31, Page 1 of 1

Banner Elk, NC Local Guide

Cheapest Available Banner Elk Apartments for Rent and Nearby

 

The cheapest available apartment rental in Banner Elk, NC is a 4 Beds unit found at Forrest Edge priced from $790. New River Farms has the second lowest priced unit, which is a 4 Beds apartment currently listed from $800. Here is today’s list of the most affordable Banner Elk apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forrest EdgeForrest Edge Townhomes - 1 Bed & Bath in 4-Bed/...4BR,4BA$790
New River FarmsNew River Farms - 1 Bedroom Available in a 4-Be...4BR,2BA$800
Watauga Square1 Bedroom 1 Bathroom1BR,1BA$817
Axis on Roan1 Bed x 1 Bath1BR,1BA$850
Presswood Court1 Bedroom1BR,1BA$895
River View Townhomes1 Bedroom Second Level1BR,1BA$929
Sterling HillsGarden_First Floor1BR,1BA$950
Meadowood Apartments2BR/1 BA (Flat / Larger) Semi Classic2BR,1BA$980
Blue Ridge Apartments1 Bed x 1 Bath1BR,1BA$999
101 Park Place AveOne Bed1BR,1BA$1,000

Best Value Apartments for Rent in Banner Elk, NC and Nearby

As of November 11, 2025 the best value apartment in the Banner Elk area is the $0.63 price per square foot Trapper's Keep 1 Model at Trapper's Keep 1 in the starting from $875. The second greatest value Banner Elk apartment is the C1 Lodge Model at Highpointe starting at $1,050 with a $0.78 price per square foot . Here is today’s list of the best values for Banner Elk apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trapper's Keep 1Trapper's Keep 14BR,4BA$0.63
HighpointeC1 Lodge3BR,3BA$0.78
Student Quarters Johnson City4x4 Super Deluxe4BR,4BA$0.50
Woodbridge Apartments3 Bedroom Premier3BR,2BA$1.13
Boone Student LivingHC-C13BR,3BA$0.77
Mountaineer Village3X3 Standard3BR,3BA$0.77
Forest View ApartmentsTwo Bedroom (Annex)2BR,1.5BA$1.18
New River FarmsNew River Farms - 1 Bedroom Available in a 4-Be...4BR,2BA$0.84
The Harbor2BR2BR,2BA$0.97
Presswood Court1 Bedroom1BR,1BA$1.05

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Banner Elk, NC Rentals by Map

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Getting Around Banner Elk, NC

Walk Score®

27 / 100

Car-Dependent

Most errands require a car

Bike Score®

12 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Banner Elk Apartments

How much is rent for a Cheap One Bedroom Banner Elk Apartment?

The lowest price for a Cheap One Bedroom Banner Elk Apartment is $817 at Watauga Square.

What is the lowest price for a Cheap Two Bedroom Banner Elk Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Banner Elk is starting from $980 at Meadowood Apartments.

What is the most affordable Banner Elk Three Bedroom Apartment?

The best deal on a cheap Banner Elk Three Bedroom Apartment rental is at Blue Ridge Apartments and starts from $1,400.

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.