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Apartments in Banner Elk

1 - 3 of 3 Results
1
$2,420
Banner Elk Bungalo
144 Azalea Way Banner Elk, NC
2 BR | Aug. 6, 2025
Contact
Dog Friendly
House
Storage
Dishwasher
1
$2,390
Freshly Updated Home In Valle Crucis
2329 Broadstone Rd Banner Elk, NC
2 BR | Aug. 3, 2025
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
1
$1,310
150 Smith St
Elk Park, NC
3 BR | Available Now
Contact
House
1 - 3 of 3 Results

Apartments near Banner Elk, NC

30 Results
19
$1,377
Creekside Apartments
1227 10Th Street Blvd Hickory, NC
1 BR | Apr. 17, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
53
$1,300 - 1,800
Cedar Hills Apartments and Townhomes
Deal
1055 Taylorsville RD SE Lenoir, NC
2 - 3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Dishwasher
0
$1,300 - 1,950
Brandy Mill
2416 E Stone Drive Kingsport, TN
2 BR | Apr. 25, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
6
$1,109 - 1,129
PER
ROOM
The Finmore at 241
241 Shadowline Drive Boone, NC
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Luxury
Air Conditioning
58
$2,140
Asheville
33 Rocky Ridge Rd Asheville, NC
Studio | Ask for Availability
Contact
Air Conditioning
Covered Parking
18
$1,125 - 1,645
Summer Chase Apartments
Deal
1811 W Lakeview Dr Johnson City, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
38
$1,305
Bristol
134 Salem Drive1014 Old Airport Rd Bristol, VA
Studio | Ask for Availability
Contact
Air Conditioning
Covered Parking
31
$2,181
Asheville - Tunnel Rd.
6 Kenilworth Knl Asheville, NC
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
31
$1,245 - 1,595
Overlook at Indian Trail
Deal
805 Indian Trail Dr Kingsport, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
22
$1,025 - 1,275
Promise Landing Apartments
Deal
16232 Amanda Ln Abingdon, VA
1 - 2 BR | Apr. 11, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
33
$1,328 - 1,608
Goldelm at The Views
Deal
1680 Hendersonville Rd Asheville, NC
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
6
$899 - 1,799
Willow Run
Deal
1175 Willow Run Dr Abingdon, VA
1 - 4 BR | Available Now
Contact
Air Conditioning
Surface Parking
Fitness Center
Pool
30
$1,099 - 1,275
Cross Creek
2601 N John B Dennis Highway Kingsport, TN
1 - 2 BR | May. 6, 2025
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
126
$925 - 1,099
Landings on Silverlake
Deal
230 Silver Lake Road Church Hill, TN
1 - 2 BR | Apr. 11, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
16
$900 - 1,775
The Village at Catawba Ridge
Deal
1655 20th Ave Dr Hickory, NC
Studio - 2 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Fitness Center
7
$1,270 - 1,685
Bradley Hills Apartments
1401 University Blvd Kingsport, TN
2 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
23
$925 - 1,299
Allandale Falls
1000 University Blvd Kingsport, TN
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
19
3D Tour
$810 - 885
Trapper's Keep 1
295 Old Bristol Rd Boone, NC
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
4
$1,370
182 Alpine Acres
Vilas, NC
2 BR | Aug. 4, 2025
Contact
Dog Friendly
Cat Friendly
Storage
26
$920 - 1,550
PER
ROOM
Rivers Walk
144 Poplar Grove RD Boone, NC
Studio - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Fitness Center
15
$950 - 1,575
PER
ROOM
Peak of Boone
199 Hwy 105 Ext Boone, NC
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Covered Parking
25
$3,000
148 Blairmont Dr
Boone, NC
4 BR | Aug. 4, 2025
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
1
3D Tour
$1,500
Henderson Gap Apts
Henderson Gap Rd Blowing Rock, NC
2 BR | Aug. 5, 2025
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
1
$1,800
Renovated Cabin In Vilas
124 Tilley Rd Vilas, NC
2 BR | Aug. 6, 2025
Contact
Dog Friendly
Cat Friendly
House
Storage
16
$2,800
104 Oak Rd
Beech Mountain, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
1
$1,335
Two Bedroom Duplex Located On Shulls Mill Between Boone And Blowing Rock!
1581 Shulls Mill Rd Boone, NC
2 BR | Aug. 6, 2025
Contact
Dog Friendly
Cat Friendly
House
Storage
1
3D Tour
$895
Highland Woods I
Highland Woods Trl Boone, NC
2 BR | Aug. 4, 2025
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
3D Tour
$680 - 840
Forrest Edge
154 Tulip Tree Ln Boone, NC
4 BR | Available Now
Contact
Air Conditioning
Surface Parking
Storage
Disability Access
Dishwasher
1
$995
Nathan's Walk
385 Queen St Boone, NC
Studio | Aug. 8, 2025
Contact
Storage
1
$2,360
673 Lower Rush Branch RD
Sugar Grove, NC
3 BR | Jul. 25, 2025
Contact
Dog Friendly
Cat Friendly
House
Disability Access
  1. Home
  2. Banner Elk

How much does it cost to rent an apartment in Banner Elk?

Banner Elk Apartments
Bed Type Average Rent Range
2BR $2,410 $2,390 - $2,420
Frequently Asked Questions

How many apartments are available in Banner Elk, NC on Rentable.co?

Rentable.co has over 42 apartments available in Banner Elk.

What is the average rent for a two-bedroom apartment in Banner Elk, NC?

The average rent for a two-bedroom apartment in Banner Elk is around $2,410 per month.

How expensive is it to rent an apartment in Banner Elk, NC?

For a two-bedroom apartment in Banner Elk, the average rent price is $2,410 per month, which is higher than the national average of $1,630 per month.

Can I afford an apartment for rent in Banner Elk, NC?

Based on average rent prices in Banner Elk, to afford a two-bedroom apartment you would need an annual household income of $96,000 to live comfortably.

Search Cities Near Banner Elk, NC

Boone, NC
Elizabethton, TN

Banner Elk:
April Rent Report

Welcome to the April 2025 Banner Elk Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2025 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
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
1 BR       2 BR

Banner Elk Rent Prices Decrease From March to April

Banner Elk rent prices decreased over the last month. From March to April, 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 $1,145.0.

When we take a look at the two-bedroom comparison from March to April, Banner Elk experienced a -3.52% decrease for the price of a two-bedroom apartment. The rent price for a Banner Elk two-bedroom apartments currently stands at $1,920.0.

April 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.

April 2025 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
$4,079
$3,149
$2,365
$2,334
$1,894
$1,284
$1,245
$1,207
$0
$1,350
$2,700
$4,050
$5,400
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 April 1 BR M/M % Change 2 BR April 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.

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