2780 Tynecastle Hwy
Banner ElkNC28604
Cheap Homes for Rent in Banner Elk, NC from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Banner Elk.
1387 Sugar Mountain 2 Rd
NewlandNC28657
367 Sugarloaf Rd
BooneNC28607
494 Cranberry St
NewlandNC28657
150 Henley Ln
LinvilleNC28646
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.
1443 Sugar Mountain Dr, Unit C18
1443 Sugar Mountain Dr
Sugar MountainNC28604
64 Creekside Dr, Unit B
64 Creekside Dr
Banner ElkNC28604
169 Brookview Ln
Banner ElkNC28604
10884 NC-105
Banner ElkNC28604
116 Grand Blvd
BooneNC28607
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.
82 Creekside Dr, Unit Ski Country Condominiums
82 Creekside Dr
Banner ElkNC28604
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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 | $1,890 | $1,090 | $2,500 |
| Banner Elk 3 Bedroom Homes for Rent | $2,639 | $1,760 | $3,900 |
| Banner Elk 4 Bedroom Homes for Rent | $3,231 | $2,500 | $3,600 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 4 Beds unit found at Forrest Edge priced from $750. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Forrest Edge | Forrest Edge Townhomes! - 1 Bed/1Bath in 4 Bedr... | 4BR,4BA | $750 |
| New River Farms | New River Farms - 4bd/2ba: Centrally Located! P... | 4BR,2BA | $800 |
| Watauga Square | 1 Bedroom 1 Bathroom | 1BR,1BA | $817 |
| 197 Old US Highway 321 | Standard Studio Efficiency | Studio,1BA | $850 |
| Presswood Court | 1 Bedroom | 1BR,1BA | $895 |
Best Value Apartments for Rent in Banner Elk, NC and Nearby
As of February 23, 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 $1,095 with a $0.81 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 | $0.81 |
| Student Quarters Johnson City | Student Housing | 4x4 Super Deluxe | 4BR,4BA | $0.50 |
| Mountaineer Village | 3x3 Premium | 3BR,3BA | $0.85 |
| Boone Student Living | CV-C2 | 3BR,3BA | $0.81 |
| Meadowood Apartments | 2 BR / 1.5 BA Partially renovated | 2BR,1.5BA | $1.18 |
| New River Farms | New River Farms - 4bd/2ba: Centrally Located! P... | 4BR,2BA | $0.84 |
| 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
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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 63 Apartments for Rent in Banner Elk, NC with pricing that ranges from $700 to $3,150. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banner Elk ranging from $950 to $6,000.
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 $950 to $6,000 with an average monthly rent of $2,478.
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 $918 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,760 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,500 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
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.