150 Scenic Apt Rd
UnicoiTN37692
Cheap Homes for Rent near Banner Elk, NC from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Banner Elk.
1406 Cliffside Pl SE
LenoirNC28645
2723 S Roan St
Johnson CityTN37601
1421 Piedmont Dr NW
LenoirNC28645
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.
1507 Linden St
Johnson CityTN37601
143 Ridge Crest Dr
West JeffersonNC28694
1010 Buffalo St
Johnson CityTN37604
233 Majestic Vine Ln
WarrensvilleNC28693
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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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 | $1,662 | $1,000 | $2,400 |
| Banner Elk 3 Bedroom Homes for Rent | $2,019 | $1,600 | $2,800 |
| Banner Elk 4 Bedroom Homes for Rent | $3,325 | $3,000 | $3,650 |
Browse Top Homes for Rent in Banner Elk
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Banner Elk, NC Local Guide
- Nearby Cities
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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 $749. 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 | $749 |
| Watauga Square | 1 Bedroom 1 Bathroom | 1BR,1BA | $817 |
Best Value Apartments for Rent in Banner Elk, NC and Nearby
As of July 10, 2026 the best value apartment in the Banner Elk area is the $0.43 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 3bed/3bath Master Layout Model at Turtle Creek West Apartments starting at $905 with a $0.65 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 | $0.43 |
| Turtle Creek West Apartments | 3bed/3bath Master Layout | 3BR,3BA | $0.65 |
| Highpointe | C1 Lodge | 3BR,3BA | $0.67 |
| The Standard at Boone | Oak 1 | 4BR,4BA | $0.71 |
| Mountaineer Village | 3x3 Premium | 3BR,3BA | $0.66 |
| 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 |
| The Finmore at 241 | B1 | 2BR,2BA | $1.12 |
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 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banner Elk ranging from $900 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 $900 to $5,500 with an average monthly rent of $2,300.
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 $1,600 to $2,800. Four Bedroom Single-Family rentals are also available starting from $3,000 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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.