Bedroom count
Property type
Last updated on October 3, 2025
Average rent in
Banner Elk, NC
Last updated on October 3, 2025
Last updated on October 3, 2025
Bedroom count
Property type
As of September 2025, the median rent for all bedroom counts and property types in Banner Elk, NC is $2,200. This is +11%, or $226, higher than the national average.
average price per square foot
Median rent
$2,200
14%Total rentals
18
for rent on Zumper.com
As of September 2025, the median rent for all bedroom counts and property types in Banner Elk, NC is $2,200. This is +11%, or $226, higher than the national average.
average price per square foot
Rent ranges
Households
Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.
Rent price trends in
Banner Elk, NC
Rent price trends
Rent prices for all bedroom counts and property types in Banner Elk, NC have decreased by 36% in the last month and have decreased by 14% in the last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent comparables in
Banner Elk, NC
The monthly rent for an apartment in Banner Elk, NC is $1,392. A 1-bedroom apartment in Banner Elk, NC costs about $1,325 on average, while a 2-bedroom apartment is $1,000. Houses for rent in Banner Elk, NC are more expensive, with an average monthly cost of $2,155.
Comparables | ||||
|---|---|---|---|---|
1 bedroom | $1,325 | No Change | - | |
2 bedroom | $2,200 | 23% | 29% | |
3 bedroom | $2,500 |  4% | 37% | |
4 bedroom | $2,110 | 213% | 13% | |
Studio | $950 | 6% | No Change |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Banner Elk, NC.
Comparables | ||||
|---|---|---|---|---|
Apartments | $1,392 | 769% | No Change | |
Condos | $2,515 | 14% | No Change | |
Houses | $2,155 | 15% | 4% |
Studio
Average rent
$950
Last 30 days
6%
1 bedroom
Average rent
$1,325
2 bedroom
Average rent
$2,200
Last 30 days
23%
Last year
29%
3 bedroom
Average rent
$2,500
Last 30 days
4%
Last year
37%
4 bedroom
Average rent
$2,110
Last 30 days
213%
Last year
13%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Banner Elk, NC.
Apartments
Average rent
$1,392
Last 30 days
769%
Condos
Average rent
$2,515
Last 30 days
14%
Houses
Average rent
$2,155
Last 30 days
15%
Last year
4%
The table above reflects average rent prices in Banner Elk, NC, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
Compare rent prices in Banner Elk, NC to other cities
Median rent prices in Banner Elk, NC for all bedroom counts and property types compared to Abingdon, VA.
Banner Elk
11%higher than the national median
37%lower than the national median
Takeaway
The median rent for all rentals in Banner Elk, NC is 78% higher than the median rent in Abingdon, VA.
More data insights and reports
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Average rent in
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Discover rentals in Banner Elk, NC
6h ago
Verified
3 beds
2 baths
$4,413
Apartment for rent
5d+ ago
House for rent in Banner Elk
2780 Tynecastle Hwy, Banner Elk, NC 28604
Studio
1 bath
$950
House for rent