
Cheap Apartments for Rent in Banks, ID from $1,100 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Banks.


310 Thatcher

Jefferson West

Cedar Square

Legacy at 50th Street Apartments

The Lillian

Haven on State

The Boardwalk Apartments
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.

Silver Bay Apartments

Northview Apartment Homes

The Edge at State | Apartments & Townhomes

Highland Springs

Limelight Village

Sleepy Hollow Apartments

Crosshatch Apartments

Village at Crystal Springs
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.

AERIE AT EAGLE

Star Crest Ranch

Edgewater Apartments

Tauri

Arbor Crossing

Total Monthly Price
The Lakes at Eagle

Renaissance at Hobble Creek

Retreat at Silvercloud
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Total Monthly Price
Kensington Apartments

Four Points Retreat

Eagle River Apartments

Carlsbad Crossing Townhomes - Attached Garage!

Riverscape Townhomes

Roe Street Townhomes

27th Street Crossing

Latitude 40
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.

The Martha

Luka Apartments

The Clara Apartments

Catalpa Residences

Summerwinds Townhomes

3519 N Woody Ln

5022 N Partagas Ave

7420 W Garden Glen Dr
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.

6200 N Hastings Ave

5899 N Lakeshore Way

Riverpointe

1938 E Birchwood Dr
Banks, ID Local Guide

How much does it cost to rent an apartment in Banks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Banks Studio Apartments | $1,587 | $1,195 | $1,860 |
| Banks 1 Bedroom Apartments | $1,874 | $1,190 | $3,960 |
| Banks 2 Bedroom Apartments | $1,931 | $1,315 | $5,585 |
| Banks 3 Bedroom Apartments | $2,170 | $1,750 | $3,663 |
| Banks 4 Bedroom Apartments | $3,352 | $2,663 | $6,588 |
Browse Top Apartments in Banks
See all Apartments in BanksExplore Banks
Banks, ID Local Guide
- Nearby Cities
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Cheapest Available Banks Apartments for Rent and Nearby
 The cheapest available apartment rental in Banks, ID is a 1 Bed unit found at Jefferson West in the Veterans Park neighborhood priced from $1,299. Highland Springs in the Harrison Blvd neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,445. Here is today’s list of the most affordable Banks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jefferson West | 1 Bed 1 Bath Medium Reno | 1BR,1BA | $1,299 |
| Highland Springs | The Creekview | 1BR,1BA | $1,445 |
| Sleepy Hollow Apartments | 1 Bedroom 1 Bathroom | 1BR,2BA | $1,450 |
| Cedar Square | 2 Bedroom 1 Bath | 2BR,1BA | $1,500 |
| Village at Crystal Springs | Studio 518 sqft | Studio,1BA | $1,517 |
| Star Crest Ranch | A1 | 1BR,1BA | $1,525 |
| Legacy at 50th Street Apartments | 2 Bedroom / 2 Bath | 2BR,2BA | $1,525 |
| Silver Bay Apartments | Baja | 1BR,1BA | $1,666 |
| Northview Apartment Homes | 2x2 | 2BR,2BA | $1,675 |
| Kensington Apartments | Ash | 1BR,1BA | $1,697 |
Best Value Apartments for Rent in Banks, ID and Nearby
As of May 26, 2026 the best value apartment in the Banks area is the $1.59 price per square foot Rowhome Model at Tauri in the in the West Bench neighborhood starting from $2,150. The second greatest value Banks apartment is the Star Garnet Model at The Edge at State | Apartments & Townhomes starting at $1,795 with a $1.52 price per square foot in the Collister neighborhood. Here is today’s list of the best values for Banks apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tauri | Rowhome | 3BR,2.5BA | $1.59 |
| The Edge at State | Apartments & Townhomes | Star Garnet | 2BR,2.5BA | $1.52 |
| The Lakes at Eagle | 2x2 C | 2BR,2BA | $1.64 |
| Edgewater Apartments | 2BR x 2BA Renovated | 2BR,2BA | $1.90 |
| Northview Apartment Homes | 2x2 | 2BR,2BA | $1.64 |
| The Clara Apartments | B2.2 | 2BR,2BA | $1.75 |
| Retreat at Silvercloud | Owyhee | 2BR,1BA | $1.79 |
| Silver Bay Apartments | Baja | 1BR,1BA | $1.90 |
| Cedar Square | 2 Bedroom 1 Bath | 2BR,1BA | $1.81 |
| Sleepy Hollow Apartments | 1 Bedroom 1 Bathroom | 1BR,2BA | $1.81 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Banks, ID Rentals by Map
See the most popular apartments and homes in Banks, ID
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 Village at Crystal Springs listed at $1,517.
How much is rent for a Cheap One Bedroom Banks Apartment?
The lowest price for a Cheap One Bedroom Banks Apartment is $1,299 at Jefferson West.
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 $1,500 at Cedar Square.
What is the most affordable Banks Three Bedroom Apartment?
The best deal on a cheap Banks Three Bedroom Apartment rental is at Sleepy Hollow Apartments and starts from $1,750.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.