Cheap Apartments for Rent near Banks, AR from $400 (59 Rentals)

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

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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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.

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Ouachita Commons
Studio to 1 Bedroom Apartments

Ouachita Commons

150 Valley StCaddo Valley, AR 71923
  • Utilities Included
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Jefferson Court
1 to 2 Bedroom Apartments

Jefferson Court

2100 W 40th AvePine Bluff, AR 71603
  • Utilities Included
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701 S 10th St
Studio to 2 Bedroom Apartments

701 S 10th St

701 S 10th StArkadelphia, AR 71923

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.

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Seasons Apartments
1 to 3 Bedroom Apartments

Seasons Apartments

301 W 33rd AvePine Bluff, AR 71603
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Meadowbrook Apartments
1 to 3 Bedroom Apartments

Meadowbrook Apartments

1901 W 40th AvePine Bluff, AR 71603
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White Hall Estates
2 to 3 Bedroom Apartments

White Hall Estates

106 W Little LnWhite Hall, AR 71602
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Peaks at Hot Springs
1 to 3 Bedroom Apartments

Peaks at Hot Springs

431 Lake Hamilton DrHot Springs National Park, AR 71913
  • Utilities Included

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Banks, AR Local Guide

Cheapest Available Banks Apartments for Rent and Nearby

 

The cheapest available apartment rental in Banks, AR is a Studio unit found at The Dels Magnolia priced from $475. Sunset Village has the second lowest priced unit, which is a Studio apartment currently listed from $510. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Dels MagnoliaStudio, 1 bathStudio,1BA$475
Sunset VillageSTUDSStudio,1BA$510
The Dels El DoradoStudioStudio,1BA$545
Gran Creûx EstateSTUDIOStudio,1BA$550
New Studio One LLCStudio, 1 bathStudio,1BA$595
Whispering Knoll Independent Senior LivingStudio1BR,1BA$600
Jefferson Court1 Bedroom1BR,1BA$650
Camelot Apartments and Townhomes1.11BR,1BA$695
Terrace Villa1BR/1BA1BR,1BA$700
Pine Valley Apartments1 Bedroom1BR,1BA$725

Best Value Apartments for Rent in Banks, AR and Nearby

As of August 14, 2026 the best value apartment in the Banks area is the $1.03 price per square foot 3 bed 2 bath Model at 125 Oak Street apartments in the starting from $1,850. The second greatest value Banks apartment is the 3Bed2Bath Model at Earl’s Point Condominiums starting at $1,325 with a $0.91 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.
125 Oak Street apartments3 bed 2 bath3BR,2BA$1.03
Earl’s Point Condominiums3Bed2Bath3BR,2BA$0.91
Preston Apartments3BD 2BTH3BR,2BA$0.81
Chapel Ridge of Hot Springs3/23BR,2BA$1.05
700 S 11th St700 S 11th Street2BR,1.5BA$0.69
Jefferson Terrace Apartments2 Beds, 1 bath2BR,1BA$0.90
Seasons Apartments2 Bedroom 1.5 Bath2BR,1.5BA$0.87
Ashley Kate Apartments2BR/1BA2BR,1BA$1.01
Terrace Villa1BR/1BA1BR,1BA$0.91
Jefferson Court1 Bedroom1BR,1BA$0.91

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.

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Real 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.

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Quick 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 Banks, AR Rentals by Map

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See the most popular apartments and homes in Banks, AR

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Frequently Asked Questions about Cheap Banks Apartments

What is the Cheapest Studio apartment in Banks?

Currently the most affordable Cheap Studio Apartment in Banks is at The Dels Magnolia listed at $475.

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

The lowest price for a Cheap One Bedroom Banks Apartment is $530 at Sunset Village.

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 $700 at Sunset Village.

What is the most affordable Banks Three Bedroom Apartment?

The best deal on a cheap Banks Three Bedroom Apartment rental is at Gran Creûx Estate and starts from $795.

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

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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.

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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.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.