
Cheap Apartments for Rent in Banks, ID from $1,000 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Banks.


Boulder Creek

310 Thatcher

Crosshatch Apartments

Cedar Square

Silver Bay Apartments
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.

Northview Apartment Homes

Limelight Village

The Boardwalk Apartments

Renaissance at Hobble Creek

The Lillian

Legacy at 50th Street 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.

Retreat at Silvercloud

Star Crest Ranch

Eagle River Apartments

Mallard Pointe

27th Street Crossing

Latitude 40 Apartments
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.
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 | $1,522 | $1,240 | $1,855 |
| Banks 1 Bedroom Apartments | $1,612 | $1,170 | $3,200 |
| Banks 2 Bedroom Apartments | $1,849 | $1,250 | $5,300 |
| Banks 3 Bedroom Apartments | $2,093 | $1,675 | $3,966 |
| Banks 4 Bedroom Apartments | $3,115 | $2,288 | $4,777 |
Browse Top Apartments in Banks
See all Apartments in BanksExplore Banks
Banks, ID Local Guide
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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 310 Thatcher in the Harrison Blvd neighborhood priced from $1,235. Boulder Creek in the West Valley neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here is today’s list of the most affordable Banks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 310 Thatcher | 1 Bedroom 1 Bath 470 sqft | 1BR,1BA | $1,235 |
| Boulder Creek | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,250 |
| Silver Bay Apartments | Coastal | 1BR,1BA | $1,279 |
| Limelight Village | A2A - 1x1 | 1BR,1BA | $1,295 |
| Jefferson West | 1 Bed 1 Bath Large Reno | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Banks, ID and Nearby
As of January 09, 2026 the best value apartment in the Banks area is the $1.42 price per square foot 2x2.5 Model at Carlsbad Crossing in the in the Collister neighborhood starting from $1,895. The second greatest value Banks apartment is the 2x2 AF Model at The Lakes at Eagle starting at $1,665 with a $1.46 price per square foot in the Northwest Garden City 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. |
|---|---|---|---|
| Carlsbad Crossing | 2x2.5 | 2BR,2.5BA | $1.42 |
| The Lakes at Eagle | 2x2 AF | 2BR,2BA | $1.46 |
| Cedar Square | 3 Bedroom 2 Bath | 3BR,2BA | $1.52 |
| Highland Springs | The Waterside | 2BR,1BA | $1.82 |
| Boulder Creek | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.59 |
| Retreat at Silvercloud | Madison | 1BR,1BA | $1.67 |
| Sleepy Hollow Apartments | 1 Bedroom 1 Bathroom | 1BR,2BA | $1.81 |
| Eagle River Apartments | Birdie | 1BR,1BA | $1.77 |
| Limelight Village | A2A - 1x1 | 1BR,1BA | $1.73 |
| Silver Bay Apartments | Coastal | 1BR,1BA | $1.84 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 The Boardwalk Apartments listed at $1,305.
How much is rent for a Cheap One Bedroom Banks Apartment?
The lowest price for a Cheap One Bedroom Banks Apartment is $1,235 at 310 Thatcher.
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 $1,250 at Boulder Creek.
What is the most affordable Banks Three Bedroom Apartment?
The best deal on a cheap Banks Three Bedroom Apartment rental is at Cedar Square and starts from $1,675.
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!