Average Rent in Boone, NC and Rent Price Trends

Rent trends in Boone, NC

Average rent prices in Boone have remained the same over the last month and have decreased by 7% 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 $1,325, whereas a house costs $2,205. 1-bedroom apartments in Boone run $1,325 on average, while 2-bedroom apartments are $1,500.


Studio	$1,950	125%	65%
1 bedroom	$1,325	No Change	21%
2 bedroom	$1,500	6%	10%
3 bedroom	$1,900	4%	17%
4 bedroom	$2,050	1%	19%

		Listings
Downtown Boone	$1,750
Mountain Aire	$1,800
Riverview Heights	$1,460


Apartments	$1,325	1%	No Change
Condos	$2,000	6%	No Change
Houses	$2,205	5%	No Change

Studio

Average rent

$1,950

Last 30 days

125%

Last year

65%

1 bedroom

Average rent

$1,325

Last 30 days

No Change

Last year

21%

2 bedroom

Average rent

$1,500

Last 30 days

Last year

10%

3 bedroom

Average rent

$1,900

Last 30 days

Last year

17%

4 bedroom

Average rent

$2,050

Last 30 days

Last year

19%

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$1,514

22%

lower than the national median

Median rent price$1,325

32%

lower than the national median

Takeaway

The median rent for all rentals in Boone, NC is 14% higher than the median rent in Banner Elk, NC.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,325

$1,300

$1,825

$1,800

$1,350

$1,610

$1,323

$1,795

$2,300

$1,495

$1,550

$1,742

Discover rentals in Boone, NC

5d+ ago

Verified

394 Margo Lane, Boone, NC

394 Margo Lane #A, Boone, NC 28607

1 bed

1 bath

$525

Apartment for rent

Available Aug 1

5d+ ago

Townhouse for rent in Boone

Bedroom in home shared with 2 other males

704 Margo Rd, Boone, NC 28607

3 beds

1.5 baths

$650

House for rent

Available Aug 1

1d ago

7.3

Very good

Poplar Point

1794 Poplar Grove Rd, Boone, NC 28607

3 beds

3 baths

$750–$780

Apartment for rent

3D tour

2d ago

8.8

Very good

Forrest Edge Townhomes!

154 Tulip Tree Ln, Boone, NC 28607

4 beds

4 baths

$840

Apartment for rent

2d ago

8.6

Very good

Nathan's Walk

385 Queen St, Boone, NC 28607

2 beds

1 bath

$895

Apartment for rent

3D tour

5d+ ago

8.2

Very good

Highland Woods I

Highland Woods Trl, Boone, NC 28607

2 beds

2 baths

$905

Apartment for rent

3D tour

4d ago

8.4

Very good

Trapper's Keep 1

295 Old Bristol Rd, Boone, NC 28607

4 beds

4 baths

$910

Apartment for rent

3D tour

1d 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

Stay up to date with rental market insights

National Rent Report

Canadian Rent Report

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 $1,514 per month as of June 13, 2026.

Is rent up or down in Boone?

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

How does Boone rent compare to the national average?

Rent in Boone is 22% below the national average, which means renters are paying approximately $436 less per month.

Which neighborhoods are most affordable in Boone?

The most affordable neighborhoods in Boone are Riverview Heights ($1,460/mo), Downtown Boone ($1,750/mo), and Mountain Aire ($1,800/mo).

What salary do I need to afford rent in Boone?

To comfortably afford rent in Boone, you'd need to earn approximately $61,000/year, based on spending no more than 30% of your income on rent.

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

The average rent for a 1-bedroom apartment in Boone, NC is approximately $1,253, while a 2-bedroom apartment averages around $1,563.

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).