Rentometer, Inc. | Data as of 10/22/2025
Boone, NC, nestled in the foothills of the Blue Ridge Mountains, offers a vibrant rental market that caters to students, professionals, and families alike. The town’s lively downtown district, with its eclectic mix of boutiques, restaurants, and cultural venues, draws renters seeking a walkable lifestyle near Appalachian State University and the historic Boone Mall. Neighborhoods such as University Park, North Downtown, and the scenic Elm Ridge provide a range of housing styles, from modern apartment complexes to charming single‑family homes, all set against a backdrop of mountain views and easy access to outdoor recreation at nearby attractions like Grandfather Mountain and the Blue Ridge Parkway.
The rental inventory in Boone reflects its diverse population, featuring both apartments and houses across various bedroom configurations. Studio apartments average around $1450, while larger family‑oriented homes—particularly three‑bedroom houses—typically fall in the $2770 range, illustrating the market’s ability to accommodate different budget levels. Prospective renters can enjoy amenities such as on‑site fitness centers, pet‑friendly policies, and proximity to campus facilities, making Boone an appealing choice for students and young professionals. With a steady demand driven by the university’s academic calendar and the area’s natural attractions, Boone’s rental market remains dynamic and welcoming, offering ample options for anyone looking to call this mountain community home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,450 | $1,586 | $825 - $1,803 | $1,535 - $1,803 |
| Apartment | 1 Bedroom | $1,754 | $1,831 | $1,200 - $1,947 | $1,809 - $1,906 |
| Apartment | 2 Bedroom | $1,210 | $1,250 | $780 - $1,750 | $945 - $1,339 |
| Apartment | 3 Bedroom | $1,146 | $989 | $869 - $2,400 | $905 - $1,095 |
| Apartment | 4+ Bedroom | $936 | $897 | $800 - $1,129 | $840 - $1,020 |
| House | 2 Bedroom | $2,145 | $2,150 | $700 - $3,400 | $1,800 - $2,800 |
| House | 3 Bedroom | $2,771 | $2,800 | $1,510 - $5,499 | $2,300 - $3,000 |
| House | 4+ Bedroom | $3,329 | $2,750 | $2,410 - $5,995 | $2,500 - $3,500 |
In the current period, the average rent in Boone, NC was $1,450 for Studio, $1,759 for 1 Bedroom, $1,659 for 2 Bedroom, $2,438 for 3 Bedroom, and $2,188 for 4+ Bedroom.
Data provided by Rentometer, Inc.