Cheap Homes for Rent near Banks, OR from $1,195 (7 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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. Isabelle Terrace in the Oakhurst South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
City Center Apartments1x11BR,1BA$1,162
Isabelle Terrace1BR/1.0BA1BR,1BA$1,300
Villager Apartments1 Bedroom 1 Bath1BR,1BA$1,348

Best Value Apartments for Rent in Banks, OR and Nearby

As of August 24, 2026 the best value apartment in the Banks area is the $1.73 price per square foot 2-Level Duplex 3x1.5 with Attached Garage Model at ReNew Rock Creek Townhomes in the in the Triple Creek neighborhood starting from $2,399. 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 3x1.5 with Attached Garage3BR,1.5BA$1.73
Cornelius Village Apartments3 BR3BR,2BA$1.87
North RidgeElm3BR,2BA$1.85
Gateway CommonsTwo-Bedroom2BR,2BA$1.75
Commons at Hawthorn Village ApartmentsSoho2BR,2BA$1.74
Commons at Dawson Creek ApartmentsCambridge2BR,2BA$1.81
Park Creek VillageGERANIUM2BR,1BA$1.81
The Colonnade Luxury Townhome ApartmentsHarlequin1BR,1BA$1.92
City Center Apartments1x11BR,1BA$1.50
Belmar Commons1 BR/1BA 751sq ft1BR,1BA$1.94

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 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 $1,162 to $3,005. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banks ranging from $1,195 to $3,995.

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 $3,995 with an average monthly rent of $2,461.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.