Average Rent in Boone, NC and Rent Price Trends

Rent trends in Boone, NC

Average rent prices in Boone have increased by 7% over the last month and have decreased by 8% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Boone, NC

Rent prices in Boone vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Boone is $1,530, whereas a house costs $3,040. 1-bedroom apartments in Boone run $1,200 on average, while 2-bedroom apartments are $1,686.


Studio	$425	22%	33%
1 bedroom	$1,550	2%	13%
2 bedroom	$1,550	12%	12%
3 bedroom	$2,325	21%	7%
4 bedroom	$2,000	6%	10%

		Listings
Downtown Boone	$1,750
Mountain Aire	$1,700
Riverview Heights	$1,375


Apartments	$1,530	7%	No Change
Condos	$1,800	23%	No Change
Houses	$3,040	18%	No Change

Studio

Average rent

$425

Last 30 days

22%

Last year

33%

1 bedroom

Average rent

$1,550

Last 30 days

Last year

13%

2 bedroom

Average rent

$1,550

Last 30 days

12%

Last year

12%

3 bedroom

Average rent

$2,325

Last 30 days

21%

Last year

4 bedroom

Average rent

$2,000

Last 30 days

Last year

10%

The table above reflects average rent prices in Boone, 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.

How does rent in Boone, NC compare to other cities?

Compare median rent prices in Boone and Banner Elk by all bedroom counts and property types.

Boone

Median rent price$1,673

14%

lower than the national median

Median rent price$2,800

44%

higher than the national median

Takeaway

The median rent for all rentals in Boone, NC is 40% lower than the median rent in Banner Elk, NC.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,800

$1,450

$1,895

$1,700

$1,300

$1,653

$1,350

$1,750

$1,500

$1,500

$1,400

$1,800

Discover rentals in Boone, NC

1417 North Carolina Highway 105 Bypass #9 - Photo 1 of 1

5d+ ago

Apartment for rent in Boone

1417 North Carolina Highway 105 Bypass #9, Boone, NC 28607

1 bed

1 bath

$630

Apartment for rent

Available Aug 1

3D tour

5d+ ago

8.8

Very good

Forrest Edge Townhomes!

154 Tulip Tree Ln, Boone, NC 28607

4 beds

4 baths

$840

Apartment for rent

3D tour

22h ago

8.8

Very good

Trapper's Keep 1

295 Old Bristol Rd, Boone, NC 28607

4 beds

4 baths

$910

Apartment for rent

3D tour

4d ago

8.3

Very good

Trapper's Keep 3

1555 W King St, Boone, NC 28607

2–3 beds

2–3 baths

$930–$970

Apartment for rent

5d+ ago

8.6

Very good

315 Homespun Hills Rd

315 Homespun Hills Rd, Boone, NC 28607

2 beds

1 bath

$1,210–$1,320

Apartment for rent

3d ago

8.3

Very good

171 Leola St

171 Leola St, Boone, NC 28607

2 beds

1 bath

$1,320

Apartment for rent

5d+ ago

Condo for rent in Boone

138 Adams Ln, Boone, NC 28607

2 beds

1.5 baths

$1,360

Condo for rent

2d ago

8.4

Very good

jone312

312 Clint Norris Rd, Boone, NC 28607

3 beds

1 bath

$1,525

Apartment for rent

Stay up to date with rental market insights

National Rent Report

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Annual Rent Report

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Frequently asked questions for Boone, NC

Quick answers to common questions about the Boone rental market.

How much is rent in Boone?

The average rent in Boone is $1,673 per month as of August 1, 2026.

Is rent up or down in Boone?

Average rent prices in Boone have increased by 7% over the last month and have decreased by 8% since last year.

How does Boone rent compare to the national average?

Rent in Boone is 14% below the national average, which means renters are paying approximately $267 less per month.

Which neighborhoods are most affordable in Boone?

The most affordable neighborhoods in Boone are Riverview Heights ($1,375/mo), Mountain Aire ($1,700/mo), and Downtown Boone ($1,750/mo).

What salary do I need to afford rent in Boone?

To comfortably afford rent in Boone, you'd need to earn approximately $67,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Boone?

Based on our current listings data, Downtown Boone leads as the most connected neighborhood with strong walkability and transit access. Riverview Heights and Mountain Aire also offer vibrant social scenes with well-developed street infrastructure that creates active community spaces.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).