Cheap Homes for Rent in Banks, ID from $600 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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 Boulder Creek in the West Valley neighborhood priced from $1,220. 310 Thatcher in the Harrison Blvd neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,230. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Boulder Creek1 Bedroom 1 Bathroom1BR,1BA$1,220
310 Thatcher1 Bedroom 1 Bath 411 sqft1BR,1BA$1,230
CrosshatchCanopyStudio,1BA$1,275

Best Value Apartments for Rent in Banks, ID and Nearby

As of September 19, 2025 the best value apartment in the Banks area is the $1.46 price per square foot 2x2.5 Model at Carlsbad Crossing in the in the Collister neighborhood starting from $1,950. The second greatest value Banks apartment is the FourPoints_2x2_1200sf Model at Four Points Retreat starting at $1,675 with a $1.40 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.
Carlsbad Crossing2x2.52BR,2.5BA$1.46
Four Points RetreatFourPoints_2x2_1200sf2BR,2BA$1.40
Eagle River ApartmentsEagle2BR,2BA$1.48
The Edge at State | Apartments & TownhomesJasper2BR,2.5BA$1.50
Sleepy Hollow Apartments2 Bedroom 2 Bathroom2BR,2BA$1.55
Northview Apartment Homes2x22BR,2BA$1.51
The Lillian2 Bedroom 1 Bathroom - Light Renovation2BR,1BA$1.69
Latitude 402D2BR,1BA$1.76
Retreat at SilvercloudMadison1BR,1BA$1.73
The ClaraA1.11BR,1BA$1.74

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Banks, ID Rentals by Map

View Map
Banks, ID Apartments Map
View Map
Banks, ID Rental Homes Map

Frequently Asked Questions about Banks

What type of rentals are currently available in Banks?

There are currently 36 Apartments for Rent in Banks, ID with pricing that ranges from $1,199 to $5,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banks ranging from $695 to $11,000.

What is the current price range for Rental Homes in Banks?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Banks ranges from $695 to $11,000 with an average monthly rent of $2,917.

How much are larger Three and Four Bedroom Rentals in Banks?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Banks range from $1,738 to $3,968, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,360 and Four Bedroom Apartments start at $2,479.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.