Banner Elk NC Apartments

10 rentals

Apartments For Rent Near Banner Elk, NC

We found 16 more apartments matching your filters just outside Banner Elk

Average Rent Trends in Banner Elk, NC

Rent in Banner Elk, NC varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Sep 2026 compared to the previous month. Rent for apartments peaked in Oct 2025.
MonthAverage rent
Oct 2025$4,313
Nov 2025$1,950
Dec 2025$900
Jan 2026$2,913
Feb 2026$2,580
Mar 2026$1,600
Apr 2026$1,600
May 2026$1,200
Jun 2026$1,600
Jul 2026$2,450
Aug 2026$2,250
Sep 2026$1,800
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types$1,210$1,980$2,200$40,000$2,000
Apartments and Condos$1,210$3,126$2,200$40,000$2,200
Houses$1,960$1,600$2,700—$1,980
See more information about local market trends in Banner Elk, NC

Frequently Asked Questions about Apartments and Condos for rent in Banner Elk, NC

  • What is the average rent of an apartment in Banner Elk, NC?
    The average rent of an apartment in Banner Elk, NC is $2,200 per month. This is about 13% higher than the national average.
  • When is the average rent for an apartment cheapest in Banner Elk, NC?
    In the last year, the average rent in Banner Elk, NC was lowest in Dec 2025 when it was $900 per month.
  • When is the average rent for an apartment most expensive in Banner Elk, NC?
    In the last year, the average rent in Banner Elk, NC was highest in Oct 2025 when it was $4,313 per month.
  • How many apartments or condos are available to rent in Banner Elk, NC?
    There are 10 available apartments or condos to rent in Banner Elk, NC.
  • What are some neighborhoods in Banner Elk, NC?
    Some neighborhoods in Banner Elk, NC include: Valle Crucis.
  • What are some zip codes in Banner Elk, NC?
    Banner Elk, NC includes zip codes such as: 28604, 28691.
  • What are some cities near Banner Elk, NC?
    Some nearby cities include: Seven Devils, Beech Mountain, Sugar Mountain, Sugar Grove, Elk Park. These cities may have more rental options to explore.
View this page in Spanish: Banner Elk, NC Apartamentos - 26 Apartamentos | Trulia