
Cheap Apartments for Rent in Banks, OR from $1,200 (20 Rentals)
Search the lowest-cost Apartments 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.

Maple Terrace Apartments

Tarkington Square Apartments

Hampshire Downs

Nexus at Orenco Station

Vector

Quatama Crossing

Forestplace Apartment Homes
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.

Park Creek Village

The Reserve at Fernhill

Commons at Creekside Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

467 N Adair St

379 N 29th Ave

1329 S Beech St
Banks, OR Local Guide

How much does it cost to rent an apartment in Banks?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Banks Studio Apartments | $2,019 | $1,524 | $3,613 |
Banks 1 Bedroom Apartments | $2,052 | $1,300 | $4,579 |
Banks 2 Bedroom Apartments | $2,138 | $1,375 | $5,263 |
Banks 3 Bedroom Apartments | $2,742 | $2,000 | $6,312 |
Browse Top Apartments in Banks
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Banks, OR Local Guide
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Cheapest Available Banks Apartments for Rent and Nearby
 The cheapest available apartment rental in Banks, OR is a 2 Beds unit found at Quail Hollow Apartments priced from $1,375. Maple Terrace Apartments in the Oakhurst South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Banks apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Quail Hollow Apartments | Two Bedroom | 2BR,1BA | $1,375 |
Maple Terrace Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,395 |
The Boxer Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,450 |
Nexus at Orenco Station | Crashpad | 1BR,1BA | $1,486 |
Isabelle Terrace | 0BR/1.0BA | Studio,1BA | $1,500 |
Best Value Apartments for Rent in Banks, OR and Nearby
As of July 02, 2025 the best value apartment in the Banks area is the $1.90 price per square foot 2-Level Duplex 3x2.5 with Attached Garage Model at ReNew Rock Creek in the in the Gables Crossing neighborhood starting from $2,635. The second greatest value Banks apartment is the Floor Plan 8 - Three Bedroom Model at The Reserve at Fernhill starting at $2,400 with a $1.88 price per square foot . 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. |
---|---|---|---|
ReNew Rock Creek | 2-Level Duplex 3x2.5 with Attached Garage | 3BR,2.5BA | $1.90 |
The Reserve at Fernhill | Floor Plan 8 - Three Bedroom | 3BR,2BA | $1.88 |
24th & Main Apartments | 3 bed, 2 bath | 3BR,2BA | $1.86 |
Commons at Hawthorn Village Apartments | Berkeley | 2BR,2BA | $1.84 |
Quatama Crossing | Abalone | 2BR,2BA | $1.68 |
Jackson School Village | B1 | 2BR,2BA | $1.81 |
Commons at Dawson Creek Apartments | Cambridge | 2BR,2BA | $1.86 |
North Ridge | Cedar | 2BR,2BA | $1.82 |
Park Creek Village | TRILLIUM | 2BR,2BA | $1.81 |
Quail Hollow Apartments | Two Bedroom | 2BR,1BA | $1.66 |
Quick Rent Budget Calculator
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Best Local Schools in Banks, OR
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Banks, OR
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
37 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Isabelle Terrace listed at $1,500.
How much is rent for a Cheap One Bedroom Banks Apartment?
The lowest price for a Cheap One Bedroom Banks Apartment is $1,395 at Maple Terrace 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 $1,375 at Quail Hollow Apartments.
What is the most affordable Banks Three Bedroom Apartment?
The best deal on a cheap Banks Three Bedroom Apartment rental is at 24th & Main Apartments and starts from $2,050.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.

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.

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.