Cheap Apartments for Rent in Banks, OR from $1,200 (27 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Isabelle Terrace
Studio to 1 Bedroom Apartments

Isabelle Terrace

210 SE 9th AveHillsboro, OR 97123
  • Utilities Included

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-27, 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 1 Bed unit found at Gateway Commons in the Oakhurst South neighborhood priced from $1,221. Quail Hollow Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Gateway Commons1 Bedroom 1 Bathroom LIHTC 60% MFI1BR,1BA$1,221
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1,395
Maple Terrace Apartments1 Bedroom 1 Bath1BR,1BA$1,395
The Boxer Apartments2 Bed 1 Bath2BR,1BA$1,450
Hampshire DownsPlan J1BR,1BA$1,490
North RidgeAspen1BR,1BA$1,495
Commons at Hawthorn Village ApartmentsFremont1BR,1BA$1,499
Isabelle Terrace0BR/1.0BAStudio,1BA$1,500
VectorStudio / One Bath / s2Studio,1BA$1,556
Forestplace Apartment HomesAgateStudio,1BA$1,575

Best Value Apartments for Rent in Banks, OR and Nearby

As of June 08, 2025 the best value apartment in the Banks area is the $1.86 price per square foot 3 bed, 2 bath Model at 24th & Main Apartments in the in the Oakhurst South neighborhood starting from $2,050. The second greatest value Banks apartment is the Abalone Model at Quatama Crossing starting at $1,790 with a $1.70 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.
24th & Main Apartments3 bed, 2 bath3BR,2BA$1.86
Quatama CrossingAbalone2BR,2BA$1.70
The Avery at Orenco StationBirch 2X1L Renovated2BR,1BA$1.97
Villager Apartments3 Bedroom 1 Bath3BR,1BA$1.87
Hidden CreekBirch2BR,2BA$1.97
Jackson School VillageB12BR,2BA$1.86
Commons at Dawson Creek ApartmentsBellingham2BR,2BA$1.88
Park Creek VillageTRILLIUM2BR,2BA$1.89
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1.68
Gateway Commons1 Bedroom 1 Bathroom LIHTC 60% MFI1BR,1BA$1.74

Quick 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.

decorative image of people with a giant lease agreement

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

Decorative image of map

See the most popular apartments and homes in Banks, OR

View MapBanks, OR Apartments MapView MapBanks, OR Rental Homes Map

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 $1,221 at Gateway Commons.

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 $1,395 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 $1,682.

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.