432 Wilson St NW
LenoirNC28645
Cheap Homes for Rent in Banner Elk, NC from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Banner Elk.
2723 S Roan St
Johnson CityTN37601
1406 Cliffside Pl SE
LenoirNC28645
301 Pinnacle Inn Rd, Unit Beech Mountain Ski Suite, Unit Beech Mountain Ski Suite
301 Pinnacle Inn Rd
Beech MountainNC28604
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1421 Piedmont Dr NW
LenoirNC28645
716 King Springs Rd
Johnson CityTN37601
147 Hiatt Ln
West JeffersonNC28694
494 Cranberry St
NewlandNC28657
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.
417 Will Vannoy Rd
West JeffersonNC28694
Showing Results 1-9, 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 | $1,669 | $850 | $2,600 |
| Banner Elk 3 Bedroom Homes for Rent | $2,006 | $1,525 | $3,000 |
| Banner Elk 4 Bedroom Homes for Rent | $3,150 | $3,100 | $3,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Banner Elk
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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 Studio unit found at 197 Old US Highway 321 priced from $725. The Standard at Boone has the second lowest priced unit, which is a 4 Beds apartment currently listed from $799. Here is today’s list of the most affordable Banner Elk apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 197 Old US Highway 321 | Standard Studio Efficiency | Studio,1BA | $725 |
| The Standard at Boone | Tupelo 2 | 4BR,4BA | $799 |
| Watauga Square | 1 Bedroom 1 Bathroom | 1BR,1BA | $817 |
Best Value Apartments for Rent in Banner Elk, NC and Nearby
As of May 25, 2026 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 $999 with a $0.74 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 | C1 Lodge | 3BR,3BA | $0.74 |
| Student Quarters Johnson City | Student Housing | 4x4 Super Deluxe | 4BR,4BA | $0.57 |
| The Standard at Boone | Oak 1 | 4BR,4BA | $0.71 |
| Mountaineer Village | 3x3 Premium | 3BR,3BA | $0.69 |
| Plaza View Luxury Condominiums | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| Positive Way Apartments | Positive Way | 3BR,2BA | $0.78 |
| The Harbor | 2BR | 2BR,2BA | $0.97 |
| Beaver Hollow Apartments | 2 Bedroom S60 | 2BR,1BA | $1.09 |
| 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.
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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 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banner Elk ranging from $850 to $5,500.
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 $850 to $5,500 with an average monthly rent of $2,301.
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 $1,525 to $3,000. Four Bedroom Single-Family rentals are also available starting from $3,100 and Four Bedroom Apartments start at $700.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.