Banner Elk, NC Apartments For Rent
88 rentals
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2-3 Beds
2-3 BathsHighland Woods II - 3bd/3ba: Upscale Student-Living! Minutes To Downtown Boone and ASU! | 1395 W King St,
Boone, NC 28607
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PET FRIENDLY$2,900 - $2,980/mo3 bd3 ba3/2.5 Modern Home off 421 in Boone, R-2 Zoned | 291 Stratford Ln,
Boone, NC 28607
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- PET FRIENDLY$2,900 - $2,980/mo3 bd3 ba3/2.5 Modern Home off 421 in Boone, R-2 Zoned | 291 Stratford Ln,
Boone, NC 28607
What Locals Say about 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 stayed about the same in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $2,150 |
| Oct 2025 | $2,150 |
| Nov 2025 | $2,670 |
| Dec 2025 | $900 |
| Jan 2026 | $2,150 |
| Feb 2026 | $1,960 |
| Mar 2026 | $1,960 |
| Apr 2026 | $2,370 |
| May 2026 | $2,370 |
| Jun 2026 | $2,300 |
| Jul 2026 | $2,450 |
| Aug 2026 | $2,450 |
Average Rent By Bedroom and Home Type
In August 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,225 | $2,100 | $2,550 | — | $2,250 |
| Apartments and Condos | $1,225 | $2,250 | — | — | $1,800 |
| Houses | — | $1,800 | $2,550 | — | $2,100 |
Frequently Asked Questions about Rentals 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 $1,800 per month. This is about 8% lower than the national average.
- When is the average rent 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 most expensive in Banner Elk, NC?In the last year, the average rent in Banner Elk, NC was highest in May 2025 when it was $3,000 per month.
- How many available rental listings are in Banner Elk, NC?There are 9 available rental listings 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?
- 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 Apartments For Rent - 113 Rentals | Trulia