Cheap Homes for Rent in Banks, OR from $1,400 (7 Rentals)

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Search the lowest-cost Homes 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.

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.

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. Commons at Hawthorn Village Apartments in the Southeast neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,349. 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
Commons at Hawthorn Village ApartmentsFremont1BR,1BA$1,349
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1,375

Best Value Apartments for Rent in Banks, OR and Nearby

As of June 23, 2025 the best value apartment in the Banks area is the $1.90 price per square foot 2-Level Duplex 3x2.5 with Attached Garage Model at ReNew Rock Creek in the in the Gables Crossing neighborhood starting from $2,635. The second greatest value Banks apartment is the Floor Plan 8 - Three Bedroom Model at The Reserve at Fernhill starting at $2,400 with a $1.88 price per square foot . 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 Creek2-Level Duplex 3x2.5 with Attached Garage3BR,2.5BA$1.90
The Reserve at FernhillFloor Plan 8 - Three Bedroom3BR,2BA$1.88
Platform 14B12BR,2BA$1.87
Jackson School VillageC13BR,2BA$1.90
24th & Main Apartments3 bed, 2 bath3BR,2BA$1.86
Quatama CrossingAbalone2BR,2BA$1.68
Commons at Dawson Creek ApartmentsDevonshire2BR,2BA$1.80
Park Creek VillageTRILLIUM2BR,2BA$1.85
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1.66
Gateway Commons1 Bedroom 1 Bathroom LIHTC 60% MFI1BR,1BA$1.74

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Frequently Asked Questions about Banks

What type of rentals are currently available in Banks?

There are currently 42 Apartments for Rent in Banks, OR with pricing that ranges from $1,279 to $6,415. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banks ranging from $1,495 to $3,895.

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 $1,495 to $3,895 with an average monthly rent of $2,655.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.