Cheap Homes for Rent near Banks, OR from $1,100 (5 Rentals)

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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.

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.

Banks, OR Local Guide

Cheapest Available Banks Apartments for Rent and Nearby

 

The cheapest available apartment rental in Banks, OR is a Studio unit found at Forestplace Apartment Homes priced from $1,350. City Center Apartments in the Oakhurst South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,356. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forestplace Apartment HomesAgateStudio,1BA$1,350
City Center Apartments1x11BR,1BA$1,356
Park Creek VillageCALYPSO1BR,1BA$1,359

Best Value Apartments for Rent in Banks, OR and Nearby

As of July 09, 2026 the best value apartment in the Banks area is the $1.82 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 $2,299. 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$1.82
Cornelius Village Apartments3 BR3BR,2BA$1.87
24th & Main Apartments3 bed, 2 bath3BR,2BA$1.77
Commons at Dawson Creek ApartmentsManchester3BR,2BA$1.94
Troy building2BR/1.0BA2BR,1BA$1.75
Brooks Terrace Townhomes2BR/1.5 BA2BR,1.5BA$1.65
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1.66
City Center Apartments1x11BR,1BA$1.75
Maple Terrace Apartments2 Bedroom 1 Bath2BR,1BA$1.94
Park Creek VillageCALYPSO1BR,1BA$1.87

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Banks

What type of rentals are currently available in Banks?

There are currently 47 Apartments for Rent in Banks, OR with pricing that ranges from $1,300 to $3,147. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banks ranging from $1,195 to $4,195.

What is the current price range for Rental Homes in Banks?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Banks ranges from $1,195 to $4,195 with an average monthly rent of $2,428.

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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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.

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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.