
Cheap Apartments for Rent in Banks, OR from $1,100 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Banks.


City Center Apartments

Platform 14

Gateway Commons

Commons at Hawthorn Village Apartments

Hampshire Downs
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.

The Avery at Orenco Station

Park Creek Village

The Boxer Apartments

Commons at Creekside Apartments

Tarkington Square Apartments

Quatama Crossing

Vector
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.

Amberwood Apartments

HUB 9

Rowlock

Tessera at Orenco Station

Cortland Village Apartment Homes

Belmar Commons
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 | $1,524 | $1,245 | $1,770 |
| Banks 1 Bedroom Apartments | $1,610 | $1,122 | $2,105 |
| Banks 2 Bedroom Apartments | $1,835 | $1,344 | $2,712 |
| Banks 3 Bedroom Apartments | $2,187 | $1,658 | $2,765 |
Browse Top Apartments in Banks
See all Apartments in BanksExplore Banks
Banks, OR Local Guide
- Nearby Cities
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Cheapest Available Banks Apartments for Rent and Nearby
 The cheapest available apartment rental in Banks, OR is a 1 Bed unit found at City Center Apartments in the Oakhurst South neighborhood priced from $1,122. Platform 14 in the Orenco neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,245. Here is today’s list of the most affordable Banks apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City Center Apartments | 1x1 | 1BR,1BA | $1,122 |
| Platform 14 | S | Studio,1BA | $1,245 |
| Isabelle Terrace | 0BR/1.0BA | Studio,1BA | $1,250 |
| Commons at Hawthorn Village Apartments | Fremont | 1BR,1BA | $1,349 |
| Quail Hollow Apartments | Two Bedroom | 2BR,1BA | $1,375 |
Best Value Apartments for Rent in Banks, OR and Nearby
As of December 15, 2025 the best value apartment in the Banks area is the $1.58 price per square foot Ranch Duplex 2x1 with Attached Garage Model at ReNew Rock Creek Townhomes in the in the Triple Creek neighborhood starting from $1,995. The second greatest value Banks apartment is the 3BR/1.5BA Model at Cedar Court Apartments CCA-9 starting at $1,895 with a $1.58 price per square foot in the Oakhurst South 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. |
|---|---|---|---|
| ReNew Rock Creek Townhomes | Ranch Duplex 2x1 with Attached Garage | 2BR,1BA | $1.58 |
| Cedar Court Apartments CCA-9 | 3BR/1.5BA | 3BR,1.5BA | $1.58 |
| Jackson School Village | C1 | 3BR,2BA | $1.74 |
| Quatama Crossing | Abalone | 2BR,2BA | $1.63 |
| Creekside at Tanasbourne Apartments | 2 Bed - 2 Bath | 2BR,2BA | $1.70 |
| 4th Main | G | 2BR,2BA | $1.76 |
| Gateway Commons | Two-Bedroom | 2BR,2BA | $1.69 |
| North Ridge | Cedar | 2BR,2BA | $1.76 |
| Quail Hollow Apartments | Two Bedroom | 2BR,1BA | $1.66 |
| City Center Apartments | 1x1 | 1BR,1BA | $1.45 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick 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.
Best Local Schools in Banks, OR
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Banks, OR Rentals by Map
See the most popular apartments and homes in Banks, OR
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 Platform 14 listed at $1,245.
How much is rent for a Cheap One Bedroom Banks Apartment?
The lowest price for a Cheap One Bedroom Banks Apartment is $1,122 at City Center 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 Gateway Commons and starts from $1,858.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.



