
Cheap Homes for Rent near Banks, ID from $695 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Banks.


10054 Hill Rd

415 Patterson Ave W
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102 View Cir

3344 W South Slope Rd

6881 W State St
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Banks, ID Local Guide

How much does it cost to rent a home in Banks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Banks 2 Bedroom Homes for Rent | $2,448 | $1,395 | $3,750 |
| Banks 3 Bedroom Homes for Rent | $2,972 | $1,600 | $6,750 |
| Banks 4 Bedroom Homes for Rent | $4,768 | $2,875 | $7,000 |
| Banks 5 Bedroom Homes for Rent | $5,516 | $2,950 | $10,000+ |
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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 Mallard Pointe in the West Bench neighborhood priced from $1,038. Jefferson West in the Veterans Park 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mallard Pointe | 1 Bedroom | 1BR,1BA | $1,038 |
| Jefferson West | 1 Bed 1 Bath Medium | 1BR,1BA | $1,230 |
| The Gem | Studio B | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Banks, ID and Nearby
As of September 11, 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 B3 Reno Model at Renaissance at Hobble Creek starting at $1,910 with a $1.78 price per square foot in the West Valley 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. |
|---|---|---|---|
| Roe Street Townhomes | Unit Type I | 3BR,2.5BA | $1.39 |
| Renaissance at Hobble Creek | B3 Reno | 2BR,2BA | $1.78 |
| AERIE AT EAGLE | 2x2 (Attached Garage) | 2BR,2BA | $1.85 |
| Edgewater Apartments | 2BR x 2BA Renovated | 2BR,2BA | $1.66 |
| Legacy at 50th Street Apartments | 2 Bedroom / 2 Bath | 2BR,2BA | $1.58 |
| The Lillian | 2 Bedroom 1 Bathroom - Light Renovation | 2BR,1BA | $1.71 |
| Highland Springs | The Waterside | 2BR,1BA | $1.72 |
| Sleepy Hollow Apartments | 1 Bedroom 1 Bathroom | 1BR,2BA | $2.18 |
| The Clara Apartments | B1.1 | 1BR,1BA | $2.03 |
| Silver Bay Apartments | Alta | 1BR,1BA | $2.10 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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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 43 Apartments for Rent in Banks, ID with pricing that ranges from $1,205 to $9,482. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banks ranging from $695 to $10,000.
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 $10,000 with an average monthly rent of $3,353.
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 $1,969 to $9,482, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $6,750. Four Bedroom Single-Family rentals are also available starting from $2,875 and Four Bedroom Apartments start at $2,747.
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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.

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.