
Cheap Apartments for Rent near Banks, ID from $1,100 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Banks.


Jefferson West

Haven on State

Boulder Creek

The Boardwalk Apartments

Silver Bay Apartments

The Lillian

Legacy at 50th Street Apartments

Northview Apartment Homes
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.

Highland Springs

Sleepy Hollow Apartments

Limelight Village

Crosshatch Apartments

Renaissance at Hobble Creek

AERIE AT EAGLE

Tauri

Cedar Square

Star Crest Ranch
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.

Village at Crystal Springs

The Edge at State | Apartments & Townhomes

Edgewater Apartments

Arbor Crossing

Total Monthly Price
Kensington Apartments

Total Monthly Price
The Lakes at Eagle

Eagle River Apartments

Copestone Apartments

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.

Carlsbad Crossing

Riverscape Townhomes

672 S Blackfoot

27th Street Crossing

Latitude 40

The Martha

Luka Apartments

Catalpa Residences

The Clara Apartments
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.

Summerwinds Townhomes

Four Points Retreat

5439 N Pierce Park Ln

1115 S Commercial Ave

Roe Street Townhomes

6127 N Portsmouth Ave

2930 N 38th St

5664 N Hertford Way

Riverpointe
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.
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 | $1,551 | $1,195 | $1,767 |
| Banks 1 Bedroom Apartments | $1,866 | $1,230 | $3,960 |
| Banks 2 Bedroom Apartments | $1,934 | $1,440 | $5,585 |
| Banks 3 Bedroom Apartments | $2,211 | $1,750 | $2,975 |
| Banks 4 Bedroom Apartments | $2,929 | $2,702 | $3,250 |
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. Legacy at 50th Street Apartments in the West Bench neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,400. 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 |
| Legacy at 50th Street Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $1,400 |
| Sleepy Hollow Apartments | 1 Bedroom 1 Bathroom | 1BR,2BA | $1,450 |
| Highland Springs | The Shadowbrook | 2BR,2BA | $1,490 |
| AERIE AT EAGLE | 1x1 | 1BR,1BA | $1,540 |
| Village at Crystal Springs | Studio 518 sqft | Studio,1BA | $1,562 |
| The Boardwalk Apartments | Bluebird | 1BR,1BA | $1,635 |
| Kensington Apartments | Ash | 1BR,1BA | $1,667 |
| The Clara Apartments | B2.2 | 2BR,2BA | $1,721 |
| Eagle River Apartments | Albatross | 3BR,2BA | $1,825 |
Best Value Apartments for Rent in Banks, ID and Nearby
As of July 12, 2026 the best value apartment in the Banks area is the $1.53 price per square foot Albatross Model at Eagle River Apartments in the in the Outer Meridian neighborhood starting from $1,825. The second greatest value Banks apartment is the Pioneer Model at Copestone Apartments starting at $2,253 with a $2.16 price per square foot in the West Bench 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. |
|---|---|---|---|
| Eagle River Apartments | Albatross | 3BR,2BA | $1.53 |
| Copestone Apartments | Pioneer | 2BR,2BA | $2.16 |
| The Clara Apartments | B2.2 | 2BR,2BA | $1.70 |
| Crosshatch Apartments | Riverside | 2BR,2BA | $2.46 |
| Highland Springs | The Waterside | 2BR,1BA | $1.72 |
| Sleepy Hollow Apartments | 1 Bedroom 1 Bathroom | 1BR,2BA | $1.81 |
| Legacy at 50th Street Apartments | 1 Bedroom / 1 Bath | 1BR,1BA | $1.79 |
| AERIE AT EAGLE | 1x1 | 1BR,1BA | $2.05 |
| Kensington Apartments | Ash | 1BR,1BA | $2.32 |
| Jefferson West | 1 Bed 1 Bath Medium Reno | 1BR,1BA | $2.71 |
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 $1,562.
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 $1,490 at Highland Springs.
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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.