
Cheap Homes for Rent near Banks, OR from $1,195 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Banks.


1246 E Baseline St

467 N Adair St
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1330 S Ivy St

2825 Pacific Ave

1345 S Ivy St
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1621 23rd Ave
Banks, OR Local Guide

How much does it cost to rent a home in Banks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Banks 2 Bedroom Homes for Rent | $1,821 | $1,195 | $2,400 |
| Banks 3 Bedroom Homes for Rent | $2,596 | $2,195 | $3,550 |
| Banks 4 Bedroom Homes for Rent | $3,087 | $2,325 | $3,995 |
| Banks 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Top Homes for Rent in Banks
Explore Banks
Banks, OR Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| City Center Apartments | 1x1 | 1BR,1BA | $1,162 |
| Isabelle Terrace | 1BR/1.0BA | 1BR,1BA | $1,300 |
| Villager Apartments | 1 Bedroom 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| ReNew Rock Creek Townhomes | 2-Level Duplex 3x1.5 with Attached Garage | 3BR,1.5BA | $1.73 |
| Cornelius Village Apartments | 3 BR | 3BR,2BA | $1.87 |
| North Ridge | Elm | 3BR,2BA | $1.85 |
| Gateway Commons | Two-Bedroom | 2BR,2BA | $1.75 |
| Commons at Hawthorn Village Apartments | Soho | 2BR,2BA | $1.74 |
| Commons at Dawson Creek Apartments | Cambridge | 2BR,2BA | $1.81 |
| Park Creek Village | GERANIUM | 2BR,1BA | $1.81 |
| The Colonnade Luxury Townhome Apartments | Harlequin | 1BR,1BA | $1.92 |
| City Center Apartments | 1x1 | 1BR,1BA | $1.50 |
| Belmar Commons | 1 BR/1BA 751sq ft | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Banks, OR
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Banks, OR
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

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.

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.

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.

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.