Cheap Homes for Rent in Banner Elk, NC from $700 (6 Rentals)

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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.

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.

Banner Elk, NC Local Guide

Cheapest Available Banner Elk Apartments for Rent and Nearby

 

The cheapest available apartment rental in Banner Elk, NC is a 2 Beds unit found at Brown Crossing Apartments priced from $785. Willa Mountain Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Banner Elk apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Brown Crossing Apartments2 Bed/ 1 Bath2BR,1BA$785
Willa Mountain ApartmentsWilla Mountain Apts - New 2 bed / 2 bath Apartm...2BR,2BA$795
New River FarmsNew River Farms - 1 Bedroom Available in a 4-Be...4BR,2BA$800

Best Value Apartments for Rent in Banner Elk, NC and Nearby

As of September 16, 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 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Trapper's Keep 1Trapper's Keep 14BR,4BA$0.63
HighpointeC1 Lodge3BR,3BA$0.81
Student Quarters Johnson City4x4 Super Deluxe4BR,4BA$0.52
Boone Student LivingHC-C13BR,3BA$0.77
Mountaineer Village3 Bedroom3BR,3BA$0.78
Green Mountain Apartments2 Bed/ 1 Bath2BR,1BA$0.97
New River FarmsNew River Farms - 1 Bedroom Available in a 4-Be...4BR,2BA$0.84
The Harbor2BR2BR,2BA$0.94
Presswood Court1 Bedroom1BR,1BA$1.05
Willa Mountain ApartmentsWilla Mountain Apts - New 2 bed / 2 bath Apartm...2BR,2BA$0.96

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Banner Elk

What type of rentals are currently available in Banner Elk?

There are currently 60 Apartments for Rent in Banner Elk, NC with pricing that ranges from $675 to $3,000. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banner Elk ranging from $700 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 $700 to $6,500 with an average monthly rent of $2,245.

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 $2,795, 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 $2,110 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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.