Cheap Apartments for Rent in Boone, NC from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Boone.

property at 1395 W King St

$830 - $935

2 To 3 Bedroom Rentals

Available Now

1395 W King St

BooneNC28607

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.

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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.

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Rock Cliff Apartments
Studio to 1 Bedroom Apartments

Rock Cliff Apartments

1121-1221 Rock Cliff RdBoone, NC 28607
  • Utilities Included
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164 Boone Creek Dr
2 Bedroom Apartments

164 Boone Creek Dr

164 Boone Creek DrBoone, NC 28607
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University Overlook
Studio Apartments

University Overlook

475 Blowing Rock RdBoone, NC 28607
Student Housing
  • Utilities Included
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The Magellan
1 Bedroom Apartments

The Magellan

954 Hunting Hills LnBoone, NC 28607
Furnished
  • Smoke Free

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.

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Skyline Terrace
1 to 2 Bedroom Apartments

Skyline Terrace

129 Terrace LnBoone, NC 28607
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The Lofts in Boone
1 to 2 Bedroom Apartments

The Lofts in Boone

361 University Hall DrBoone, NC 28607
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4146 NC 105 Hwy S
Studio Apartments

4146 NC 105 Hwy S

4146 NC 105 Hwy SVilas, NC 28692
  • Utilities Included

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.

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Willowgreen Townhomes
Studio to 3 Bedroom Apartments

Willowgreen Townhomes

134-141 Willow Creek CirVilas, NC 28692
  • Utilities Included

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.

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Showing Results 1-46, Page 1 of 1

Boone, NC Local Guide

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Local Guide Expert

Cheapest Available Boone Apartments for Rent

 

The cheapest available apartment rental in Boone, NC is a 4 Beds unit found at Forrest Edge priced from $750. 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 Boone apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forrest EdgeForrest Edge Townhomes! - Roommate Matching Bed...4BR,4BA$750
The Standard at BooneTupelo 24BR,4BA$799
New River Farms ApartmentsNew River Farms - 4bd/2ba: Centrally Located! P...4BR,2BA$800
Highland Woods IIIHighland Woods III4BR,4BA$825
Highland Woods II - 3bd/3ba: Upscale Student-Living! Minutes To Downtown Boone and ASU!Highland Woods II - 3bd/3ba: Upscale Student-Li...3BR,3BA$830
Boone Student LivingGC-D14BR,4BA$925
Stadium View Apartments1 Bed/ 1 Bath1BR,1BA$1,100
Peak of BooneStudio - S2Studio,1BA$1,295
Brown Crossing Apartments2 Bed/ 1 Bath2BR,1BA$1,390
The Finmore at 241A11BR,1BA$1,809

Best Value Apartments for Rent in Boone, NC

As of April 30, 2026 the best value apartment in the Boone area is the $0.57 price per square foot 4BR/4.0BA Model at Highland Woods III in the starting from $800. The second greatest value Boone apartment is the Trapper's Keep 1 Model at Trapper's Keep 1 starting at $875 with a $0.63 price per square foot . Here is today’s list of the best values for Boone apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Highland Woods III4BR/4.0BA4BR,4BA$0.57
Trapper's Keep 1Trapper's Keep 14BR,4BA$0.63
Turtle Creek West Apartments3bed/3bath Master Layout3BR,3BA$0.65
HighpointeC1 Lodge3BR,3BA$0.74
Mountaineer Village3x3 Premium3BR,3BA$0.86
Boone Student LivingCV-C23BR,3BA$0.81
Positive Way ApartmentsPositive Way3BR,2BA$0.78
New River Farms ApartmentsNew River Farms - 4bd/2ba: Centrally Located! P...4BR,2BA$0.84
The Standard at BooneBirch 22BR,2BA$1.55
Stadium View Apartments1 Bed/ 1 Bath1BR,1BA$1.83

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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Cash 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.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Boone Overview

Boone is a small college town in North Carolina. Every year, thousands attend Appalachian State University (ASU) in person. Students enjoy affordable apartments in Boone, surrounded by beautiful neighborhoods, manicured parks, and fun activity spots. Over 18,000 permanent residents live in the city all year round, raising their families or settling down in retirement. Inexpensive rental rates, friendly neighbors, excellent academic institutions, and low crime rates inspire an enjoyable living experience for all.

Why live in Boone, NC?

If you are looking for apartments in Boone, you will be happy about the available listings. There are plenty of excellent residences available in aesthetically-pleasing neighborhoods, safe areas with nearby parks and schools, close-by public transit options, and great walk-scores to essential amenities and services. Additionally, Boone boasts affordable rental rates in comparison to other American cities. Apart from the impressive liveability, you’ll also find many activities, festivals, and events that truly make this place feel like a home. Take part in old-time jam sessions with fellow musically-inclined folks, view select movies at sophisticated film festivals, meet up with friends for a special brew and grub nights, peruse local produce at regular farmer’s markets, or breathe in the stunning views from closeby nature trails. Ultimately, Boone combines a traditional, small-town charm with a lively, youthful energy that is irreplaceable.

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

Explore Boone, NC Rentals by Map

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See the most popular apartments and homes in Boone, NC

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Frequently Asked Questions about Cheap Boone Apartments

How much is rent for a Cheap One Bedroom Boone Apartment?

The lowest price for a Cheap One Bedroom Boone Apartment is $1,100 at Stadium View Apartments.

What is the lowest price for a Cheap Two Bedroom Boone Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Boone is starting from $1,185 at The Standard at Boone.

What is the most affordable Boone Three Bedroom Apartment?

The best deal on a cheap Boone Three Bedroom Apartment rental is at Highland Woods II and starts from $830.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.