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Banner Elk, NC Homes for Rent

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  • 100 High Country Square, Banner Elk, NC 28604
    100 High Country Square, Banner Elk, NC 28604
    100 High Country Square, Banner Elk, NC 28604
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    Starting at $1,850 Per Month

    • 2 Beds

    100 High Country Square, Banner Elk, NC 28604

    Each unit is approximately 900 sq. ft. with big windows for lots of natural light, the floors are luxury vinyl plank, the kitchen has granite counter tops, appliances include refrigerator, stove/oven, dishwasher and a washer dryer. Some of the units feature spacious 10-12ft ceiling heights. Your rent will also include parking at the community and we are pet friendly! Expenses not included

    High Country Square Apartments

    (828) 373-8902

    100 High Country Square, Banner Elk, NC 28604
  • 159 Creekstone Dr, Banner Elk, NC 28604
    159 Creekstone Dr, Banner Elk, NC 28604
    159 Creekstone Dr, Banner Elk, NC 28604
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    $3,100 Per Month

    • 4 Beds
    • 3.5 Baths
    • 3,400 Sq Ft
    • House for Rent

    159 Creekstone Dr, Banner Elk, NC 28604

    **RARE OPPORTUNITY TO LIVE NEAR VALLE CRUCIS SCHOOL**FULLY FURNISHED HOME4 BEDROOM/3.5 BATHROOMS $3,100 per month • June Move In ReadyBeautiful 4 bedroom, 3.5 bathroom home just one half mile from Valle Crucis School and approximately 12 minutes to Appalachian State University.Perfect for families or professionals seeking a quiet, peaceful mountain setting with

    (786) 746-9640

    159 Creekstone Dr, Banner Elk, NC 28604
  • 64 Creekside Dr Unit B, Banner Elk, NC 28604
    64 Creekside Dr Unit B, Banner Elk, NC 28604
    64 Creekside Dr Unit B, Banner Elk, NC 28604
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    $1,500

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 560 Sq Ft
    • Condo for Rent

    64 Creekside Dr Unit B, Banner Elk, NC 28604

    64 Creekside Dr Unit B, Banner Elk, NC 28604
  • 82 Creekside Dr Unit Ski Country Condominiums, Banner Elk, NC 28604
    82 Creekside Dr Unit Ski Country Condominiums, Banner Elk, NC 28604
    82 Creekside Dr Unit Ski Country Condominiums, Banner Elk, NC 28604
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    $1,700

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 596 Sq Ft
    • Condo for Rent

    82 Creekside Dr Unit Ski Country Condominiums, Banner Elk, NC 28604

    Available May 2027! This 1-bedroom, 1-bathroom property at 82 Creekside Dr offers 596 square feet of living space. The living room features a fireplace, providing a cozy atmosphere, while the bedroom is designed for comfort and privacy. The bathroom includes standard fixtures and is easily accessible. The unit comes furnished, making it move-in ready for tenants. Additional amenities include

    82 Creekside Dr Unit Ski Country Condominiums, Banner Elk, NC 28604
  • 2780 Tynecastle Hwy, Banner Elk, NC 28604
    2780 Tynecastle Hwy, Banner Elk, NC 28604
    2780 Tynecastle Hwy, Banner Elk, NC 28604
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    $950 Per Month

    • 1 Bed
    • 0.5 Baths
    • 745 Sq Ft
    • House for Rent

    2780 Tynecastle Hwy, Banner Elk, NC 28604

    Great large room for office or retail uses. Large spacious back deck provides scenic views of creek (headwaters of Elk River) as well as Sugar Ski Mountain. Roughly 740 square feet of office space with two entry doors. Office unit has own bathroom.All utilities are paid by landlord including Internet. Abundant street level parking plus huge signage opportunity. Great views of headwaters of

    J.D. Kern Keller Williams High Country

    2780 Tynecastle Hwy, Banner Elk, NC 28604
  • 2780 Tynecastle Hwy, Banner Elk, NC 28604
    2780 Tynecastle Hwy, Banner Elk, NC 28604
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    $1,350 Per Month

    • 4 Beds
    • 0.5 Baths
    • 850 Sq Ft
    • House for Rent

    2780 Tynecastle Hwy, Banner Elk, NC 28604

    Prime street level office space off of Tynecastle Hwy. Approximately 850 sq feet that provides 3 separate offices/rooms plus a small kitchen area and a bathroom. All utilities are paid by landlord including Internet. Abundant street level parking plus huge signage opportunity. Great views of headwaters of the Elk River and Sugar Ski Mountain off spacious back deck.

    J.D. Kern Keller Williams High Country

    2780 Tynecastle Hwy, Banner Elk, NC 28604
North Carolina Avery County Banner Elk

Homes for Rent in Banner Elk, NC

Why Live in Banner Elk

Banner Elk, located in North Carolina’s High Country, is a small mountain town known for its scenic beauty and resort-style living. With a population of around 1,300 full-time residents, the town sees a surge in activity during the summer and winter seasons. Banner Elk offers a variety of housing options, including traditional suburban homes, winter cabins, luxury homes, condos, and townhouses. Many homes feature multi-level designs with mountain views, and some date back to the late 19th and early 20th centuries. Gated communities like Sunset Ridge, Eagles Nest, and The Farm offer custom rustic designs, while smaller homes can be found in The Village at Apple Orchard and Crooked Creek. Outdoor recreation is a major draw, with Tate-Evans Park providing a greenway trail and amphitheater, Wildcat Lake offering a beachside setting, and Grandfather Mountain State Park featuring hiking trails and the Mile High Swinging Bridge. Ski enthusiasts can enjoy Beech Mountain and Sugar Mountain resorts. The town center boasts local dining spots such as LP on Main, Highlands Prohibition Kitchen, Stonewalls Restaurant, and Blind Elk Taproom, along with boutique shops. Banner Elk Elementary School is the highest-rated school in the district. The town is known for the annual Woolly Worm Festival, which attracts around 20,000 visitors each October. Despite its remote location, with Boone 17 miles away and the nearest commercial airport over 50 miles away, Banner Elk provides a peaceful retreat from urban life.

Learn more about living in Banner Elk

Frequently Asked Questions

How much does it cost to rent a home in Banner Elk, NC?
The median rent for a home in Banner Elk, NC is $1,700 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos and townhouses are currently more expensive.
How much do you need to make to afford rent in Banner Elk, NC?
To comfortably afford the median rent in Banner Elk, NC, a household needs to earn roughly $68,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,700 per month in Banner Elk, NC, renters typically need to show $5,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Banner Elk, NC?
In Banner Elk, NC, the price-to-rent ratio is 28.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Banner Elk, NC

There are currently 6 homes available for rent in Banner Elk, NC. The median rent is $1,700 per month, with single-family homes renting at $1,350, townhouses at $2,200 and condos at $1,700.

Rental Home Trends

Number of Homes for Rent
6
Median Rent
$1,700
Median Single Family Home Rent
$1,350
Median Townhouse Rent
$2,200
Median Condo Rent
$1,700
How to Rent a Home

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