150 Smith St
Elk ParkNC28622
Cheap Homes for Rent in Banner Elk, NC from $1,300 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Banner Elk.
111 Cricket Way
Beech MountainNC28604
173 Old Turnpike Rd NW
Banner ElkNC28604
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.
10884 NC-105
Banner ElkNC28604
82 Creekside Dr, Unit Ski Country Condominiums
82 Creekside Dr
Banner ElkNC28604
673 Lower Rush Branch Rd
Sugar GroveNC28679
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.
342 Page Dr
West JeffersonNC28694
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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 | $1,978 | $1,350 | $2,800 |
| Banner Elk 3 Bedroom Homes for Rent | $2,538 | $1,310 | $3,200 |
| Banner Elk 4 Bedroom Homes for Rent | $2,784 | $2,010 | $4,000 |
| Banner Elk 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
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Banner Elk, NC Local Guide
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Cheapest Available Banner Elk Apartments for Rent and Nearby
The cheapest available apartment rental in Banner Elk, NC is a 1 Bed unit found at Beaver Hollow Apartments in the Downtown Johnson City neighborhood priced from $775. Watauga Square in the Downtown Johnson City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $817. Here is today’s list of the most affordable Banner Elk apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beaver Hollow Apartments | 1 Bedroom S50 | 1BR,1BA | $775 |
| Watauga Square | 1 Bedroom 1 Bathroom | 1BR,1BA | $817 |
| Presswood Court | 1 Bedroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Banner Elk, NC and Nearby
As of July 29, 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 C3 Cottage Model at Highpointe starting at $1,040 with a $0.77 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. |
|---|---|---|---|
| Trapper's Keep 1 | Trapper's Keep 1 | 4BR,4BA | $0.63 |
| Highpointe | C3 Cottage | 3BR,3BA | $0.77 |
| Student Quarters Johnson City | 4x4 Super Deluxe | 4BR,4BA | $0.52 |
| The Finmore at 241 | D1 | 4BR,4BA | $0.87 |
| Plaza View Luxury Condominiums | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| Beaver Hollow Apartments | 3 Bedroom S60 | 3BR,1BA | $1.21 |
| River View Townhomes | 2 Bedroom Townhome | 2BR,1.5BA | $1.06 |
| The Harbor | 2BR | 2BR,2BA | $0.94 |
| Turtle Creek West Apartments | 2bed/2bath Small | 2BR,2BA | $1.07 |
| Presswood Court | 1 Bedroom | 1BR,1BA | $1.05 |
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Frequently Asked Questions about Banner Elk
What type of rentals are currently available in Banner Elk?
There are currently 55 Apartments for Rent in Banner Elk, NC with pricing that ranges from $675 to $3,670. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banner Elk ranging from $1,310 to $6,500.
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 $1,310 to $6,500 with an average monthly rent of $3,037.
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 $809 to $3,050, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,310 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,010 and Four Bedroom Apartments start at $675.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.