Cheap Homes for Rent in Banks, ID from $1,200 (9 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.

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.

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

Cheapest Available Banks Apartments for Rent and Nearby

 

The cheapest available apartment rental in Banks, ID is a Studio unit found at Crosshatch in the West Bench neighborhood priced from $1,260. The Martha in the Veterans Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,349. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CrosshatchCanopyStudio,1BA$1,260
The MarthaOpen 1 Bedroom_539sfStudio,1BA$1,349
Legacy at 50th Street Apartments1 Bedroom / 1 Bath1BR,1BA$1,350

Best Value Apartments for Rent in Banks, ID and Nearby

As of June 05, 2025 the best value apartment in the Banks area is the $1.43 price per square foot 3x2 A Model at The Lakes at Eagle in the in the Northwest Garden City neighborhood starting from $1,920. The second greatest value Banks apartment is the 2x2.5 Model at Carlsbad Crossing starting at $1,725 with a $1.29 price per square foot in the Collister 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 Eagle3x2 A3BR,2BA$1.43
Carlsbad Crossing2x2.52BR,2.5BA$1.29
Sleepy Hollow Apartments2 Bedroom 2 Bathroom2BR,2BA$1.75
Northview Apartment Homes2x22BR,2BA$1.61
Arbor Crossing3x2 B3BR,2BA$1.94
Highland SpringsThe Shadowbrook2BR,2BA$1.64
Retreat at SilvercloudOwyhee2BR,1BA$1.85
Cedar Square2 Bedroom 1 Bath2BR,1BA$1.75
Copestone ApartmentsVista1BR,1BA$1.96
Renaissance at Hobble CreekA2 Floors1BR,1BA$1.91

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

Frequently Asked Questions about Banks

What type of rentals are currently available in Banks?

There are currently 35 Apartments for Rent in Banks, ID with pricing that ranges from $1,250 to $11,733. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banks ranging from $1,200 to $6,500.

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 $1,200 to $6,500 with an average monthly rent of $3,182.

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 $1,795 to $6,964, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $4,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,411.

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 The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.