Cheap Apartments for Rent in Banks, OR from $1,100 (47 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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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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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
property at 2564 Hawthorne St

$1,550 - $1,695

1 To 2 Bedroom Rentals

Available Now

2564 Hawthorne St

Forest GroveOR97116

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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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 $1,162. Forestplace Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
City Center Apartments1x11BR,1BA$1,162
Forestplace Apartment HomesAgateStudio,1BA$1,350
The Boxer Apartments2 Bed 1 Bath2BR,1BA$1,375
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1,375
Hampshire DownsPlan K1BR,1BA$1,395
Quatama CrossingOnyx1BR,1BA$1,455
Belmar Commons1 BR/1BA 751sq ft1BR,1BA$1,459
HUB 91x1 A31BR,1BA$1,461
Maple Terrace Apartments2 Bedroom 1 Bath2BR,1BA$1,485
VectorOne Bedroom / One Bath / U81BR,1BA$1,489

Best Value Apartments for Rent in Banks, OR and Nearby

As of June 18, 2026 the best value apartment in the Banks area is the $1.87 price per square foot 3 BR Model at Cornelius Village Apartments in the in the West neighborhood starting from $2,228. The second greatest value Banks apartment is the 3 bed, 2 bath Model at 24th & Main Apartments starting at $1,950 with a $1.77 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Cornelius Village Apartments3 BR3BR,2BA$1.87
24th & Main Apartments3 bed, 2 bath3BR,2BA$1.77
Commons at Dawson Creek ApartmentsManchester3BR,2BA$1.88
North RidgeBirch2BR,2BA$1.88
Troy building2BR/1.0BA2BR,1BA$1.75
Gateway CommonsTwo-Bedroom2BR,2BA$1.75
Brooks Terrace Townhomes2BR/1.5 BA2BR,1.5BA$1.60
Park Creek VillageGERANIUM2BR,1BA$1.84
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1.66
City Center Apartments1x11BR,1BA$1.50

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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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 $1,395 at Hampshire Downs.

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 Park Creek Village and starts from $1,894.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.