Cheap Apartments for Rent near Banks, ID from $1,205 (40 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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The Lakes at Eagle
$1,668 - $4,155
Total Monthly Price

Total Monthly Price

Base Rent
$1,668 - $4,155
Total Monthly Price
$1,668 - $4,155
1 to 3 Bedroom Apartments Available Now

The Lakes at Eagle

2411 E Riverside DrEagle, ID 83616
Corporate Housing
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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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27th Street Crossing
1 to 2 Bedroom Apartments

27th Street Crossing

901 N 27th StBoise, ID 83702
Corporate Housing
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Latitude 40
1 to 3 Bedroom Apartments

Latitude 40

3020 N Christine StBoise, ID 83704
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The Clara Apartments
1 to 3 Bedroom Apartments

The Clara Apartments

225 S Linder RdEagle, ID 83616
Corporate Housing
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The Martha
Studio to 2 Bedroom Apartments

The Martha

1721 W Idaho StBoise, ID 83702
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Luka Apartments
1 Bedroom Apartments

Luka Apartments

305-309 E 36th StGarden City, ID 83714

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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Catalpa Residences
1 to 2 Bedroom Apartments

Catalpa Residences

4623 W Catalpa DrBoise, ID 83703
Corporate Housing
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Summerwinds Townhomes
2 to 3 Bedroom Apartments

Summerwinds Townhomes

7327 N Lucy Rose LnBoise, ID 83714
  • 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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Showing Results 1-40, Page 1 of 1

Banks, ID Local Guide

Cheapest Available Banks Apartments for Rent and Nearby

 

The cheapest available apartment rental in Banks, ID is a 1 Bed unit found at The Clara Apartments in the Outer Meridian neighborhood priced from $1,404. Haven on State in the West Bench neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,460. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Clara ApartmentsB1.11BR,1BA$1,404
Haven on StateOne Bedroom1BR,1BA$1,460
The Lillian2 Bedroom 1 Bathroom - Light Renovation2BR,1BA$1,480
Crosshatch ApartmentsAlcoveStudio,1BA$1,494
AERIE AT EAGLE1x11BR,1BA$1,505
Highland SpringsThe Waterside2BR,1BA$1,510
Silver Bay ApartmentsEl Granada2BR,2BA$1,527
Star Crest RanchA11BR,1BA$1,550
Village at Crystal SpringsStudio 518 sqftStudio,1BA$1,562
Legacy at 50th Street Apartments2 Bedroom / 2 Bath2BR,2BA$1,625

Best Value Apartments for Rent in Banks, ID and Nearby

As of August 26, 2026 the best value apartment in the Banks area is the $1.39 price per square foot Unit Type I Model at Roe Street Townhomes in the in the Northwest Garden City neighborhood starting from $2,205. The second greatest value Banks apartment is the 2 Bedroom / 2 Bath Model at Legacy at 50th Street Apartments starting at $1,625 with a $1.58 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Roe Street TownhomesUnit Type I3BR,2.5BA$1.39
Legacy at 50th Street Apartments2 Bedroom / 2 Bath2BR,2BA$1.58
The Lillian2 Bedroom 1 Bathroom - Light Renovation2BR,1BA$1.66
Highland SpringsThe Waterside2BR,1BA$1.72
Sleepy Hollow Apartments1 Bedroom 1 Bathroom1BR,2BA$2.18
The Clara ApartmentsB1.11BR,1BA$1.75
Arbor Crossing2x1 B2BR,1BA$2.29
AERIE AT EAGLE1x11BR,1BA$2.00
Edgewater Apartments1BR X 1BA Renovated1BR,1BA$2.21
Star Crest RanchA11BR,1BA$2.09

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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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, ID Rentals by Map

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See the most popular apartments and homes in Banks, ID

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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 Crosshatch Apartments listed at $1,499.

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

The lowest price for a Cheap One Bedroom Banks Apartment is $1,404 at The Clara Apartments.

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 $1,480 at The Lillian.

What is the most affordable Banks Three Bedroom Apartment?

The best deal on a cheap Banks Three Bedroom Apartment rental is at Edgewater Apartments and starts from $1,968.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.