Cheap Apartments for Rent in Banks, AL from $400 (18 Rentals)

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Magnolia Trace
2 Bedroom Apartments

Magnolia Trace

8230 Park CrossingMontgomery, AL 36117
Senior Living
Showing Results 1-18, Page 1 of 1

Banks, AL Local Guide

Cheapest Available Banks Apartments for Rent and Nearby

 

The cheapest available apartment rental in Banks, AL is a 4 Beds unit found at University Corners priced from $505. Wooddale Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Corners4 Bedroom 2 Bath Renovated4BR,2BA$505
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$600
Camellia Commonsone bed1BR,1BA$642
Forest Haven Apartmentsone bedroom1BR,1BA$650
Willow Terrace ApartmentsThe Julianne1BR,1BA$680

Best Value Apartments for Rent in Banks, AL and Nearby

As of September 06, 2025 the best value apartment in the Banks area is the $0.55 price per square foot Elm Model at Ivy Row Troy in the starting from $850. The second greatest value Banks apartment is the 1 Model at Forest Acres starting at $1,019 with a $0.88 price per square foot . Here is today’s list of the best values for Banks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ivy Row TroyElm2BR,2.5BA$0.55
Forest Acres13BR,2BA$0.88
Summer Court Townhomes2BR/1.5BA2BR,1.5BA$0.91
University Corners2 Bedroom 1 Bath2BR,1BA$0.59
Eastgate Landing Apartments2 Beds2BR,1BA$0.89
Beaumont Reserve at Eastern1BR1BA1BR,1BA$1.00
Heron Cove1 BEDROOM1BR,1BA$1.03
Camellia Commonsone bed (suite)1BR,1BA$0.88
Willow Terrace ApartmentsThe Lexxie1BR,1BA$1.03
Forest Haven Apartmentsone bedroom1BR,1BA$1.00

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Location, Location, Location!

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Frequently Asked Questions about Cheap Banks Apartments

How much is rent for a Cheap One Bedroom Banks Apartment?

The lowest price for a Cheap One Bedroom Banks Apartment is $600 at Wooddale Apartments.

What is the lowest price for a Cheap Two Bedroom Banks Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Banks is starting from $520 at University Corners.

What is the most affordable Banks Three Bedroom Apartment?

The best deal on a cheap Banks Three Bedroom Apartment rental is at Willow Terrace Apartments and starts from $915.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.