1202 Grover St
Johnson CityTN37601
Cheap Homes for Rent near Banner Elk, NC from $1,075 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Banner Elk.
3992 Dug Hill Rd
LenoirNC28645
562 Nikanor Rd
West JeffersonNC28694
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
1348 NC-194
West JeffersonNC28694
1310 Powder Branch Rd
Johnson CityTN37601
103 Mountain View Dr
Johnson CityTN37601
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-6, Page 1 of 1
Banner Elk, NC Local Guide
Mission Crossing Scenic Byway by NCDOTcommunications is licensed under CC BY 2.0
How much does it cost to rent a home in Banner Elk?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Banner Elk 2 Bedroom Homes for Rent | $1,779 | $1,075 | $2,400 |
| Banner Elk 3 Bedroom Homes for Rent | $2,130 | $1,375 | $3,500 |
| Banner Elk 4 Bedroom Homes for Rent | $2,375 | $1,800 | $2,800 |
| Banner Elk 5 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Top Homes for Rent in Banner Elk
Explore Banner Elk
Banner Elk, NC Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Townhomes priced from $700. 197 Old US Highway 321 has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Banner Elk apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forrest Edge Townhomes | Forrest Edge Townhomes! - Roommate Matching Bed... | 4BR,4BA | $700 |
| 197 Old US Highway 321 | Standard Studio Efficiency | Studio,1BA | $725 |
| The Standard at Boone | Tupelo 3 | 4BR,4BA | $749 |
Best Value Apartments for Rent in Banner Elk, NC and Nearby
As of August 24, 2026 the best value apartment in the Banner Elk area is the $0.47 price per square foot College Heights Model at College Heights in the in the Downtown Johnson City neighborhood starting from $650. The second greatest value Banner Elk apartment is the C3 Cottage Model at Highpointe starting at $899 with a $0.67 price per square foot . Here is today’s list of the best values for Banner Elk apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| College Heights | College Heights | 4BR,4BA | $0.47 |
| Highpointe | C3 Cottage | 3BR,3BA | $0.67 |
| Student Quarters Johnson City | Student Housing | 4x4 Super Deluxe | 4BR,4BA | $0.57 |
| Turtle Creek West Apartments | 3bed/3bath with Den | 3BR,3BA | $0.72 |
| Mountaineer Village | 3x3 Premium | 3BR,3BA | $0.63 |
| Positive Way Apartments | Positive Way | 3BR,2BA | $0.70 |
| The Village of Meadowview | v2-1 | 2BR,2BA | $0.91 |
| The Harbor | 2BR | 2BR,2BA | $1.08 |
| 180 Hidden Shadows Dr | 2 Bed/ 1 Bath | 2BR,1BA | $0.78 |
| Presswood Court | 1 Bedroom | 1BR,1BA | $1.05 |
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.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
Quick Rent Budget Calculator
How much rent can you afford?
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.
Let everyone know!
Do you know the Banner Elk area?
If you’re an expert on all things Banner Elk, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Banner Elk, NC Rentals by Map
See the most popular apartments and homes in Banner Elk, NC
Frequently Asked Questions about Banner Elk
What type of rentals are currently available in Banner Elk?
There are currently 67 Apartments for Rent in Banner Elk, NC with pricing that ranges from $699 to $3,150. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banner Elk ranging from $1,075 to $10,487.
What is the current price range for Rental Homes in Banner Elk?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Banner Elk ranges from $1,075 to $10,487 with an average monthly rent of $1,990.
How much are larger Three and Four Bedroom Rentals in Banner Elk?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Banner Elk range from $699 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $749.
Expert Rental Resources
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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.