Cheap Apartments for Rent in Boone, NC from $500 (12 Rentals)

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property at 1395 W King St

1395 W King St

BooneNC28607

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
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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
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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

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.

Boone, NC Local Guide

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Cheapest Available Boone Apartments for Rent

 

The cheapest available apartment rental in Boone, NC is a 4 Beds unit found at New River Farms priced from $800. Highland Woods II has the second lowest priced unit, which is a 3 Beds apartment currently listed from $900. Here is today’s list of the most affordable Boone apartments for rent:

Apartment ListingModel NameBed/BathPriced From
New River FarmsNew River Farms - 4bd/2ba: Centrally Located! P...4BR,2BA$800
Highland Woods IIHighland Woods II - 1 Bed & Bath in 3-Bed/3-Bat...3BR,3BA$900
Boone Student LivingGC-D14BR,4BA$925
Peak of BooneStudio - S2Studio,1BA$1,295
Brown Crossing Apartments2 Bed/ 1 Bath2BR,1BA$1,570

Best Value Apartments for Rent in Boone, NC

As of December 14, 2025 the best value apartment in the Boone area is the $1.57 price per square foot 2 x 2.5 Bedroom Model at Creekside Villas in the starting from $2,360. The second greatest value Boone apartment is the Clear Creek A Model at Hampton Estates Townhomes starting at $2,900 with a $1.98 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.
Creekside Villas2 x 2.5 Bedroom2BR,2.5BA$1.57
Hampton Estates TownhomesClear Creek A3BR,2.5BA$1.98
Trapper's Keep 1Trapper's Keep 14BR,4BA$0.63
HighpointeC1 Lodge3BR,3BA$0.81
Mountaineer Village3x3 Premium3BR,3BA$0.85
Boone Student LivingCV-C23BR,3BA$0.81
New River FarmsNew River Farms - 4bd/2ba: Centrally Located! P...4BR,2BA$0.84
155b Clement St, Unit 155B CLEMENT ST155b Clement St2BR,1BA$1.86
The Finmore at 241A11BR,1BA$3.09
Peak of BooneStudio - S1Studio ,1BA$3.64

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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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!

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Getting Around Boone, NC

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

24 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $1,575 at Peak of Boone.

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 $1,570 at Brown Crossing Apartments.

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 $900.

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

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.