Bedroom count
Property type
Last updated on January 9, 2026
Last updated on January 9, 2026
Last updated on January 9, 2026
Bedroom count
Property type
As of January 2026, the median rent for all bedroom counts and property types in Banner Elk, NC is $1,595. This is -16%, or $305, lower than the national average.
average price per square foot
for rent on Zumper.com
As of January 2026, the median rent for all bedroom counts and property types in Banner Elk, NC is $1,595. This is -16%, or $305, lower than the national average.
average price per square foot
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 prices for all bedroom counts and property types in Banner Elk, NC have remained the same in the last month and have decreased by 23% in the last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
The monthly rent for an apartment in Banner Elk, NC is $1,425. A 1-bedroom apartment in Banner Elk, NC costs about $1,400 on average, while a 2-bedroom apartment is $1,405. Houses for rent in Banner Elk, NC are more expensive, with an average monthly cost of $2,357.
Comparables | ||||
|---|---|---|---|---|
1 bedroom | $1,362 | No Change | 27% | |
2 bedroom | $1,950 | No Change | 15% | |
3 bedroom | $2,110 | 8% | 31% | |
4 bedroom | $2,500 | 71% | - | |
Studio | $1,360 | No Change | 248% |
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 | $1,425 | No Change | No Change | |
Condos | $2,600 | No Change | No Change | |
Houses | $2,357 | 10% | No Change |
Studio
Average rent
$1,360
Last year
248%
1 bedroom
Average rent
$1,362
Last year
27%
2 bedroom
Average rent
$1,950
Last year
15%
3 bedroom
Average rent
$2,110
Last 30 days
8%
Last year
31%
4 bedroom
Average rent
$2,500
Last 30 days
71%
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
$1,425
Condos
Average rent
$2,600
Houses
Average rent
$2,357
Last 30 days
10%
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.
Median rent prices in Banner Elk, NC for all bedroom counts and property types compared to Abingdon, VA.
Banner Elk
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Banner Elk, NC is 10% higher than the median rent in Abingdon, VA.
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Explore rent trends in other markets
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$1,200
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$1,905
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$1,575
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$1,450
Last year
5d+ ago
House for rent in Banner Elk
1 bed
1 bath
$1,960
House for rent
5d+ ago
House for rent in Banner Elk
2780 Tynecastle Hwy, Banner Elk, NC 28604
Studio
1 bath
$950
House for rent
5d+ ago
House for rent in Banner Elk
1 bed
1 bath
$1,960
House for rent
5d+ ago
House for rent in Banner Elk
2 beds
1 bath
$2,370
House for rent
5d+ ago
House for rent in Banner Elk
2780 Tynecastle Hwy, Banner Elk, NC 28604
Studio
1 bath
$950
House for rent
5d+ ago
Condo for rent in Banner Elk
135A Wapiti Way #A, Banner Elk, NC 28604
3 beds
3 baths
$3,900
Condo for rent