Cheap Apartments for Rent in Banks, OR from $1,300 (45 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Jackson School Village
Rent Specials
$1,553 - $2,064
Total Monthly Price

Total Monthly Price

Base Rent
$1,553 - $2,064
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Aug 8

Jackson School Village

300 NE Autumn Rose WayHillsboro, OR 97124
Outdoors
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Platform 14
Studio to 2 Bedroom Apartments

Platform 14

1030 NE Orenco Station PkyHillsboro, OR 97124
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Park Creek Village
1 to 3 Bedroom Apartments

Park Creek Village

2065 SE 44th AveHillsboro, OR 97123
Corporate Housing

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.

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Gateway Commons
1 to 3 Bedroom Apartments

Gateway Commons

181 SE 18th AveHillsboro, OR 97123
Affordability
  • Utilities Included

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.

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Showing Results 1-45, Page 1 of 1

Banks, OR Local Guide

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 $1,300. Villager Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,348. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1,300
Villager Apartments1 Bedroom 1 Bath1BR,1BA$1,348
Forestplace Apartment HomesAgateStudio,1BA$1,350
City Center Apartments1x11BR,1BA$1,356
The Boxer Apartments2 Bed 1 Bath2BR,1BA$1,375
Hampshire DownsPlan D1BR,1BA$1,399
Quatama CrossingOpal1BR,1BA$1,425
Commons at Hawthorn Village ApartmentsFremont1BR,1BA$1,455
Belmar Commons1 BR/1BA 751sq ft1BR,1BA$1,459
VectorStudio / One Bath / s1Studio,1BA$1,461

Best Value Apartments for Rent in Banks, OR and Nearby

As of August 03, 2026 the best value apartment in the Banks area is the $1.75 price per square foot 2-Level Duplex 2x2.5 with Attached Garage Model at ReNew Rock Creek Townhomes in the in the Triple Creek neighborhood starting from $2,199. The second greatest value Banks apartment is the 3 BR Model at Cornelius Village Apartments starting at $2,228 with a $1.87 price per square foot in the West 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.
ReNew Rock Creek Townhomes2-Level Duplex 2x2.5 with Attached Garage2BR,2.5BA$1.75
Cornelius Village Apartments3 BR3BR,2BA$1.87
North RidgeElm3BR,2BA$1.85
Commons at Dawson Creek ApartmentsDevonshire2BR,2BA$1.78
The Avery at Orenco StationBirch 2X1S2BR,1BA$1.93
Gateway CommonsTwo-Bedroom2BR,2BA$1.75
Brooks Terrace Townhomes2BR/1.5 BA2BR,1.5BA$1.65
Park Creek VillageTRILLIUM2BR,2BA$1.72
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1.57
City Center Apartments1x11BR,1BA$1.75

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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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.

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Banks, OR

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Remember the 3 Rules of Real Estate:
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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 Forestplace Apartment Homes listed at $1,350.

How much is rent for a Cheap One Bedroom Banks Apartment?

The lowest price for a Cheap One Bedroom Banks Apartment is $1,348 at Villager 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 $1,300 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 Gateway Commons and starts from $1,923.

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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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.

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.