Cheap Homes for Rent in Banks, AL from $300 (23 Rentals)

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Search the lowest-cost Homes available for rent right now in Banks.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-23, 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 $450. 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 Bath4BR,2BA$450
Wooddale ApartmentsWooddale, Oakdale, Shady Oaks1BR,1BA$600
Willow Terrace ApartmentsThe Julianne1BR,1BA$650
Eastgate Landing ApartmentsUpstairs2BR,1BA$770
Heron Cove2 BEDROOM2BR,2BA$925

Best Value Apartments for Rent in Banks, AL and Nearby

As of June 17, 2025 the best value apartment in the Banks area is the $1.30 price per square foot 3 Model at Verandas at Taylor Oaks in the in the Halcyon Park neighborhood starting from $1,730. The second greatest value Banks apartment is the 2BR/1.5BA Model at Summer Court Townhomes starting at $975 with a $0.89 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.
Verandas at Taylor Oaks33BR,2BA$1.30
Summer Court Townhomes2BR/1.5BA2BR,1.5BA$0.89
The District on Dozier2 Bedroom2BR,2BA$0.62
Tapestry on VaughnB2 - Alon2BR,2BA$1.20
Heron Cove2 BEDROOM2BR,2BA$0.91
The Grove at Stone Park1 Bedroom1BR,1.5BA$1.23
University Corners2 Bedroom 1 Bath2BR,1BA$0.59
Eastgate Landing ApartmentsDownstairs2BR,1BA$0.92
Elevate 5050The Capri1BR,1BA$1.30
Willow Terrace ApartmentsThe Lexxie1BR,1BA$0.98

Quick Rent Budget Calculator

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Frequently Asked Questions about Banks

What type of rentals are currently available in Banks?

There are currently 36 Apartments for Rent in Banks, AL with pricing that ranges from $450 to $2,780. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banks ranging from $300 to $3,000.

What is the current price range for Rental Homes in Banks?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Banks ranges from $300 to $3,000 with an average monthly rent of $1,162.

How much are larger Three and Four Bedroom Rentals in Banks?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Banks range from $875 to $2,633, while Three Bedroom Homes, Condos, and Townhomes for rent range from $929 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $450.

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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.