Cheap Apartments for Rent in the Downtown Banning Neighborhood of Banning, CA from $1,000 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Banning area of Banning.

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515 N 2nd St
Studio Apartments

515 N 2nd St

515 N 2nd StBanning, CA 92220
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170 W Williams St
Studio to 2 Bedroom Apartments

170 W Williams St

170 W Williams StBanning, CA 92220
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1939 W Ramsey St
Studio to 3 Bedroom Apartments

1939 W Ramsey St

1939 W Ramsey StBanning, CA 92220
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368 N 3rd St
1 to 2 Bedroom Apartments

368 N 3rd St

368 N 3rd StBanning, CA 92220

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.

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Bonita Apartments
2 Bedroom Apartments

Bonita Apartments

675 W Williams StBanning, CA 92220
  • Utilities Included
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Summit Ridge
2 to 3 Bedroom Apartments

Summit Ridge

555 N Hathaway StBanning, CA 92220
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Westview Terrace
1 to 4 Bedroom Apartments

Westview Terrace

287 W Westward AveBanning, CA 92220
  • Utilities Included

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.

Downtown Banning, Banning, CA Local Guide

Cheapest Available Downtown Banning Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Windscape Village Apartments1 bed/1bath1BR,1BA$1,550
Nicolet3 bed, 1 bath3BR,1BA$2,000

Best Value Apartments for Rent in Downtown Banning, CA

As of May 03, 2026 the best value apartment in the Downtown Banning area is the $2.38 price per square foot 3 bed, 1 bath Model at Nicolet in the in the Downtown Banning neighborhood starting from $2,000. The second greatest value Downtown Banning apartment is the 1 bed/1bath Model at Windscape Village Apartments starting at $1,550 with a $2.38 price per square foot in the Downtown Banning neighborhood. Here is today’s list of the best values for Downtown Banning apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Nicolet3 bed, 1 bath3BR,1BA$2.38
Windscape Village Apartments1 bed/1bath1BR,1BA$2.38

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Frequently Asked Questions about Cheap Downtown Banning Apartments

How much is rent for a Cheap One Bedroom Downtown Banning Apartment?

The lowest price for a Cheap One Bedroom Downtown Banning Apartment is $1,550 at Windscape Village Apartments.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.