
Cheap Apartments for Rent near Banco, VA from $688 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in Banco.


Total Monthly Price
Woods Edge Apartments - 55 and Better!

Mountain View

Northridge Apartments

Southridge Apartments

Round Hill Meadows

Total Monthly Price
Dominion Apartments

Parkview Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Spark Charlottesville

Hearthwood

Barclay Place

Arbors at Culpeper

Treesdale

Westgate Apartments

East Gate Village II

Arbors at 29 North
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Woodscape Apartments

Total Monthly Price
Cobalt Ridge

The Knoll at Stone View

Park's Edge Apartments

Total Monthly Price
Terrace Greene Apartments

The Washington School

Total Monthly Price
Arden Place

29 Central at Stonefield
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
The Aspens Apartments

1878 Lucas Hollow Rd

Bailey Court

Rush River Commons

306 S Main St

649 E Spencer St

Arbor Crest Apartments

Hollymead Square Townhomes
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Mallside Forest Apartments

410 Spring St

1118 Virginia Ave
Banco, VA Local Guide

How much does it cost to rent an apartment in Banco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Banco Studio Apartments | $1,771 | $688 | $2,161 |
| Banco 1 Bedroom Apartments | $1,966 | $875 | $3,590 |
| Banco 2 Bedroom Apartments | $2,131 | $988 | $3,955 |
| Banco 3 Bedroom Apartments | $2,407 | $1,258 | $3,711 |
| Banco 4 Bedroom Apartments | $2,244 | $1,489 | $2,999 |
Browse Top Apartments in Banco
See all Apartments in BancoExplore Banco
Banco, VA Local Guide
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Cheapest Available Banco Apartments for Rent and Nearby
 The cheapest available apartment rental in Banco, VA is a 1 Bed unit found at Woods Edge Apartments - 55 and Better! in the The Meadows neighborhood priced from $875. Ryan School Apartments in the The Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $893. Here is today’s list of the most affordable Banco apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woods Edge Apartments - 55 and Better! | 1 BEDROOM | 1BR,1BA | $875 |
| Ryan School Apartments | One bedroom | 1BR,1BA | $893 |
| Southridge Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,074 |
| Round Hill Meadows | The Rapidan | 2BR,2BA | $1,085 |
| Dominion Apartments | One bedroom | 1BR,1BA | $1,100 |
| Parkview Apartments | One bedroom | 1BR,1BA | $1,100 |
| Hearthwood | Studio | Studio,1BA | $1,236 |
| Barclay Place | Jr One Bedroom | 1BR,1BA | $1,275 |
| Treesdale | The Ivy | 2BR,2BA | $1,290 |
| Westgate Apartments | Junior One Bedroom No W/D | 1BR,1BA | $1,304 |
Best Value Apartments for Rent in Banco, VA and Nearby
As of September 05, 2026 the best value apartment in the Banco area is the $1.51 price per square foot Ashton 3x3.5 Model at The Villages at Terrace Greene in the starting from $2,899. The second greatest value Banco apartment is the The Lexington (Greens) Model at Northridge Apartments starting at $1,815 with a $1.42 price per square foot in the Lake View of Culpeper neighborhood. Here is today’s list of the best values for Banco apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Villages at Terrace Greene | Ashton 3x3.5 | 3BR,3.5BA | $1.51 |
| Northridge Apartments | The Lexington (Greens) | 3BR,2BA | $1.42 |
| Berkmar Landing Apartments | B1 | 2BR,2BA | $1.52 |
| Arbors at 29 North | 2 Bedroom | 2BR,1BA | $1.40 |
| Mountain View | 2 Bed 1 Bath | 2BR,1BA | $1.20 |
| Park's Edge Apartments | C1 (50% AMI) | 3BR,2BA | $1.51 |
| Treesdale | The Ivy | 2BR,2BA | $1.19 |
| Round Hill Meadows | The Rapidan | 2BR,2BA | $1.03 |
| Southridge Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| Ryan School Apartments | Two Bedroom | 2BR,1BA | $1.51 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Banco, VA Rentals by Map
See the most popular apartments and homes in Banco, VA
Frequently Asked Questions about Cheap Banco Apartments
What is the Cheapest Studio apartment in Banco?
Currently the most affordable Cheap Studio Apartment in Banco is at Hearthwood listed at $1,236.
How much is rent for a Cheap One Bedroom Banco Apartment?
The lowest price for a Cheap One Bedroom Banco Apartment is $875 at Woods Edge Apartments - 55 and Better!.
What is the lowest price for a Cheap Two Bedroom Banco Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Banco is starting from $988 at Ryan School Apartments.
What is the most affordable Banco Three Bedroom Apartment?
The best deal on a cheap Banco Three Bedroom Apartment rental is at Round Hill Meadows and starts from $1,258.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.