Last updated on October 31, 2026

Average rent in
Boone, NC

Key takeaways for renters

  • The bottom line

    Boone, NC rent fell 28.4% year over year, with a current median of $1,575/month. Renters today are paying $625 less per month on average than last year, showing a cooldown in the market.

  • Boone sits 17.1% more affordable than the $1,900/month national median, offering a relatively accessible market for renters despite the recent decline in rents.

  • Price ranges

    Studios in Boone run around $1,650/month, 1-bedrooms around $1,300/month, and 2-bedrooms around $1,350/month, with 3-bedrooms and 4+ bedrooms both near $2,400/month. Houses rent for a median of $2,450/month while apartments sit at $1,200/month, showing distinct price tiers across property types.

  • Neighborhood spotlight

    Riverview Heights rents rose 14.6% year over year to $1,375/month across 20 rentals, contrasting with the citywide decline of 28.4%. Downtown Boone also saw a 4.3% increase to $1,200/month, showing localized strength amid broader market cooling.

Median rent

Median rent in Boone

$1,575/mo

decreased by28%

vs previous year

The average rent in Boone is $1,575 per month as of October 2026. This is 17% below the national average rent, or $325 less per month.

$2.70

average price per square foot

Total rentals

Available rentals in Boone

53

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Boone rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Boone, NC

Average rent prices in Boone have decreased by 3% over the last month and have decreased by 28% 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 $1,200, whereas a house costs $2,450. 1-bedroom apartments in Boone run $1,210 on average, while 2-bedroom apartments are $1,200.

Listings

Studio

$1,650

72%

38%

1 bedroom

$1,300

8%

2%

2 bedroom

$1,350

No Change

39%

3 bedroom

$2,417

No Change

1%

4 bedroom

$2,400

4%

9%

Studio

Average rent

$1,650

Last 30 days

72%

Last year

38%

1 bedroom

Average rent

$1,300

Last 30 days

8%

Last year

2%

2 bedroom

Average rent

$1,350

Last year

39%

3 bedroom

Average rent

$2,417

Last year

1%

4 bedroom

Average rent

$2,400

Last 30 days

4%

Last year

9%

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$1,575
decreased by17%

lower than the national median

Median rent price$1,900

Equal to the the national median

Takeaway

The median rent for all rentals in Boone, NC is 17% lower than the median rent in Banner Elk, NC.

Discover rentals in Boone, NC

New River Farms - Photo 1 of 1

3d ago

7.5

Very good

New River Farms

124 Assembly Dr, Boone, NC 28607

2–4 beds

2 baths

$600–$770

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Forrest Edge Townhomes! - Photo 1 of 1
3D tour

2d ago

8.2

Very good

Forrest Edge Townhomes!

154 Tulip Tree Ln, Boone, NC 28607

4 beds

4 baths

$700–$775

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Tristen Place - Photo 1 of 1

3d ago

7.9

Very good

Tristen Place

268 Faculty St, Boone, NC 28607

2 beds

1 bath

$790

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
Poplar Point - Photo 1 of 1

3d ago

7.9

Very good

Poplar Point

1794 Poplar Grove Rd, Boone, NC 28607

2–3 beds

2–3 baths

$825–$910

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $1,575 per month as of October 24, 2026.

Is rent up or down in Boone?

Average rent prices in Boone have decreased by 3% over the last month and have decreased by 28% since last year.

How does Boone rent compare to the national average?

Rent in Boone is 17% below the national average, which means renters are paying approximately $325 less per month.

Which neighborhoods are most affordable in Boone?

The most affordable neighborhoods in Boone are Downtown Boone ($1,200/mo), Riverview Heights ($1,375/mo), and Mountain Aire ($1,662/mo).

What salary do I need to afford rent in Boone?

To comfortably afford rent in Boone, you'd need to earn approximately $63,000/year, based on spending no more than 30% of your income on rent.

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).

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