494 Cranberry St
NewlandNC28657
Cheap Homes for Rent in Banner Elk, NC from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Banner Elk.
1580 Shulls Mill Rd
BooneNC28607
150 Smith St
Elk ParkNC28622
310 Eureka Hills Cir
BooneNC28607
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.
82 Creekside Dr, Unit Ski Country Condominiums
82 Creekside Dr
Banner ElkNC28604
1443 Sugar Mountain Dr, Unit C18
1443 Sugar Mountain Dr
Sugar MountainNC28604
64 Creekside Dr, Unit B
64 Creekside Dr
Banner ElkNC28604
3411 US-321
Blowing RockNC28605
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-8, 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 | $1,986 | $1,200 | $2,800 |
| Banner Elk 3 Bedroom Homes for Rent | $2,482 | $1,310 | $3,400 |
| Banner Elk 4 Bedroom Homes for Rent | $2,460 | $2,410 | $2,510 |
Browse Top Homes for Rent in Banner Elk
Explore Banner Elk
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 $790. 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 |
|---|---|---|---|
| Forrest Edge | Forrest Edge Townhomes! - 4bd/4ba: Centrally Lo... | 4BR,4BA | $790 |
| Watauga Square | 1 Bedroom 1 Bathroom | 1BR,1BA | $817 |
| The Cottages of Boone | E4 Duplex | 5BR,5BA | $879 |
Best Value Apartments for Rent in Banner Elk, NC and Nearby
As of May 28, 2025 the best value apartment in the Banner Elk area is the $0.49 price per square foot 4BR/4.0BA Model at Forrest Edge in the starting from $680. The second greatest value Banner Elk apartment is the C3 Cottage Model at The Cottages of Boone 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. |
|---|---|---|---|
| Forrest Edge | 4BR/4.0BA | 4BR,4BA | $0.49 |
| The Cottages of Boone | C3 Cottage | 3BR,3BA | $0.77 |
| Student Quarters Johnson City | 4x4 Super Deluxe | 4BR,4BA | $0.52 |
| Boone Student Living | HC-C1 | 3BR,3BA | $0.67 |
| The Finmore at 241 | D1 | 4BR,4BA | $0.87 |
| 197 Old US Highway 321 | Cedar Chalet | 3BR,1.5BA | $0.67 |
| Plaza View Luxury Condominiums | 2 Bed, 1.5 Bath Model | 2BR,1.5BA | $1.18 |
| The Village of Meadowview | v2-1 | 2BR,2BA | $1.13 |
| Monarch 815 | 2BR | 2BR,2BA | $0.86 |
| 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 48 Apartments for Rent in Banner Elk, NC with pricing that ranges from $615 to $3,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banner Elk ranging from $1,200 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 $1,200 to $6,500 with an average monthly rent of $2,480.
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 $869 to $2,425, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,310 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,410 and Four Bedroom Apartments start at $615.
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.
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.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.