Cheap Apartments for Rent in Banks, OR from $1,100 (51 Rentals)

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

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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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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Nexus at Orenco Station
Rent Specials
$1,592 - $2,947
Total Monthly Price

Total Monthly Price

Base Rent
$1,592 - $2,947
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Nexus at Orenco Station

1299 NE Orenco Station PkyHillsboro, OR 97124
Corporate Housing
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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.

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Park Creek Village
1 to 3 Bedroom Apartments

Park Creek Village

2065 SE 44th AveHillsboro, OR 97123
Corporate Housing
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Platform 14
Studio to 2 Bedroom Apartments

Platform 14

1030 NE Orenco Station PkyHillsboro, OR 97124

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.

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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.

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Showing Results 1-50, Page 1 of 2

Banks, OR Local Guide

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. Isabelle Terrace in the Oakhurst South neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
City Center Apartments1x11BR,1BA$1,122
Isabelle Terrace0BR/1.0BAStudio,1BA$1,150
Gateway CommonsOne-Bedroom1BR,1BA$1,348
Forestplace Apartment HomesAgateStudio,1BA$1,350
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1,375
The Boxer Apartments2 Bed 1 Bath2BR,1BA$1,399
Quatama CrossingOnyx1BR,1BA$1,400
Hampshire DownsPlan D1BR,1BA$1,440
Platform 14SStudio,1BA$1,443
North RidgeAspen1BR,1BA$1,450

Best Value Apartments for Rent in Banks, OR and Nearby

As of May 03, 2026 the best value apartment in the Banks area is the $1.84 price per square foot Tapestry Model at The Colonnade Luxury Townhome Apartments in the in the Triple Creek neighborhood starting from $2,194. 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.
The Colonnade Luxury Townhome ApartmentsTapestry2BR,2BA$1.84
Cornelius Village Apartments3 BR3BR,2BA$1.87
24th & Main Apartments3 bed, 2 bath3BR,2BA$1.77
Jackson School VillageB12BR,2BA$1.76
Brooks Terrace Townhomes2BR/1.5 BA2BR,1.5BA$1.80
Park Creek VillageGERANIUM2BR,1BA$1.80
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1.66
City Center Apartments1x11BR,1BA$1.45
Quatama CrossingOnyx1BR,1BA$1.86
Gateway CommonsOne-Bedroom1BR,1BA$1.92

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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.

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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.

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Banks, OR

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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 Isabelle Terrace listed at $1,150.

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 $1,344 at City Center 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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.