Apartments in Banner Elk

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$1,310
Elk Park, NC
3 BR | Available Now
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Apartments near Banner Elk, NC

30 Results
53
$1,200 - 1,695
1055 Taylorsville RD SE Lenoir, NC
2 - 3 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
22
$999 - 1,495
16232 Amanda Ln Abingdon, VA
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
31
$1,235 - 1,695
805 Indian Trail Dr Kingsport, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
6
$1,059 - 1,289
PER
ROOM
241 Shadowline Drive Boone, NC
2 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
19
$956
1227 10Th Street Blvd Hickory, NC
1 BR | Feb. 13, 2025
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
18
$1,149 - 1,295
1811 W Lakeview Dr Johnson City, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
23
$1,265 - 1,685
1401 University Blvd Kingsport, TN
2 - 3 BR | Jan. 1, 2025
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
51
$2,917
33 Rocky Ridge Rd Asheville, NC
Studio | Ask for Availability
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Air Conditioning
Covered Parking
6
$1,035 - 2,295
Deal
1175 Willow Run Dr Abingdon, VA
1 - 3 BR | Available Now
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Air Conditioning
Surface Parking
Fitness Center
Pool
24
$1,075 - 1,599
2416 E Stone Drive Kingsport, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
93
$899 - 1,145
1000 University Blvd Kingsport, TN
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
30
$950 - 1,975
2601 N John B Dennis Highway Kingsport, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
126
$925 - 1,145
230 Silver Lake Road Church Hill, TN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
30
$1,026 - 1,120
818 2Nd Street Pl Hickory, NC
1 - 2 BR | Jan. 11, 2025
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
38
$1,160
134 Salem Drive1014 Old Airport Rd Bristol, VA
Studio | Ask for Availability
Contact
Air Conditioning
Covered Parking
38
$2,159
6 Kenilworth Knl Asheville, NC
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
33
$1,410 - 2,643
Deal
4.2
12 Sky Exchange Dr Asheville, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
20
$1,600
Boone, NC
3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
19
3D Tour
$745
154 Tulip Tree Ln Boone, NC
4 BR | Dec. 17, 2024
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Air Conditioning
Surface Parking
Storage
Disability Access
Dishwasher
26
$840 - 1,550
PER
ROOM
144 Poplar Grove RD Boone, NC
Studio - 4 BR | Available Now
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Furnished
Dog Friendly
Cat Friendly
Student
Fitness Center
19
3D Tour
$810 - 830
295 Old Bristol Rd Boone, NC
4 BR | Dec. 16, 2024
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
16
$1,350
367 Sugarloaf Rd Upper Boone, NC
2 BR | Available Now
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House
Storage
Dishwasher
20
$2,800
257 Sunset Dr Blowing Rock, NC
2 BR | Available Now
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House
Storage
Disability Access
Dishwasher
20
3D Tour
$1,190
475 Blowing Rock Rd Boone, NC
Studio | Dec. 23, 2024
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Surface Parking
Storage
Disability Access
Dishwasher
15
$910
Vilas, NC
2 BR | Ask for Availability
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Dog Friendly
Disability Access
12
$1,070
385 Queen St Boone, NC
1 BR | Nov. 25, 2024
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Storage
15
$950 - 1,575
PER
ROOM
199 Hwy 105 Ext Boone, NC
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Covered Parking
16
$860
494 Millers Pond Ln Boone, NC
1 BR | Jan. 1, 2025
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Dog Friendly
Disability Access
9
$815
2278 Silverstone Rd Zionville, NC
2 BR | Jan. 3, 2025
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Dog Friendly
Cat Friendly
Storage
33
$2,160
Blowing Rock, NC
2 BR | Ask for Availability
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Dog Friendly
House
Disability Access
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Search Cities Near Banner Elk, NC

Banner Elk:
November Rent Report

Welcome to the November 2024 Banner Elk Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Banner Elk rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Banner Elk and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Banner Elk average rent prices in the chart below.

Monthly Rent Report

$2,600
$1,950
$1,300
$650
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Banner Elk Rent Prices Decrease From October to November

Banner Elk rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Banner Elk one-bedroom apartments currently stands at $1,900.0.

When we take a look at the two-bedroom comparison from October to November, Banner Elk experienced a 9.04% increase for the price of a two-bedroom apartment. The rent price for a Banner Elk two-bedroom apartments currently stands at $2,532.0.

November Prices: Banner Elk vs. Surrounding Areas

Rent Prices in Banner Elk and Surrounding Areas

Rent prices have decreased in Banner Elk over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Banner Elk suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Banner Elk suburbs

  • Rents did not decrease in any of the Banner Elk suburbs.

November 2024 Pricing Trends: Banner Elk vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Banner Elk Rent Prices More Affordable Than Major Cities

Rent growth in Banner Elk over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Banner Elk average rent prices appear to be relatively affordable for local residents.

The price for a Banner Elk one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Banner Elk and surrounding area rent prices, take a look at the complete data set below.

Data set for Banner Elk and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.