Cheap Homes for Rent in Banks, ID from $1,600 (13 Rentals)

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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.

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 Jefferson West in the Veterans Park neighborhood priced from $1,230. Boulder Creek in the West Valley neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Jefferson West1 Bed 1 Bath Medium1BR,1BA$1,230
Boulder Creek1 Bedroom 1 Bathroom1BR,1BA$1,300
Legacy at 50th Street Apartments1 Bedroom / 1 Bath1BR,1BA$1,400
Sleepy Hollow Apartments1 Bedroom 1 Bathroom1BR,2BA$1,450
Highland SpringsThe Waterside2BR,1BA$1,510

Best Value Apartments for Rent in Banks, ID and Nearby

As of June 12, 2026 the best value apartment in the Banks area is the $1.72 price per square foot 2x2 C Model at The Lakes at Eagle in the in the Northwest Garden City neighborhood starting from $1,967. The second greatest value Banks apartment is the 2BR x 2BA Renovated Model at Edgewater Apartments starting at $1,916 with a $1.82 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.
The Lakes at Eagle2x2 C2BR,2BA$1.72
Edgewater Apartments2BR x 2BA Renovated2BR,2BA$1.82
Northview Apartment Homes2x22BR,2BA$1.64
The Clara ApartmentsB2.22BR,2BA$1.71
TauriFlat 2 bed2BR,2BA$1.88
Highland SpringsThe Waterside2BR,1BA$1.72
Sleepy Hollow Apartments1 Bedroom 1 Bathroom1BR,2BA$1.81
Legacy at 50th Street Apartments1 Bedroom / 1 Bath1BR,1BA$1.79
AERIE AT EAGLE1x11BR,1BA$2.01
Limelight VillageA2C - 1x11BR,1BA$2.04

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

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Frequently Asked Questions about Banks

What type of rentals are currently available in Banks?

There are currently 41 Apartments for Rent in Banks, ID with pricing that ranges from $1,195 to $5,585. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banks ranging from $1,695 to $6,000.

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 $1,695 to $6,000 with an average monthly rent of $3,205.

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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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.