Cheap Homes for Rent in Banning, CA from $1,400 (14 Rentals)

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Banning, CA Local Guide

Cheapest Neighborhoods for Homes in Banning, CA

Pricing Updated: 09/18/2026

Current rental homes in the Banning, CA area range in price from $1,400 to $6,975 with an overall median price of $2,200. Here is today’s list neighborhoods with the lowest median pricing for Banning Homes for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Banning$2,200$1,4004

Cheapest Available Banning Homes for Rent

 

The cheapest available rental home in Banning, CA is a 3 Beds home found at 5774 Lake Buena Vista Way in the Solaris neighborhood priced from $2,500. 1066 Queen Annes Ln in the Canyon Ridge neighborhood has the second lowest priced home, which is a 4 Beds rental home currently listed from $3,395. Here is today’s list of the most affordable Banning homes for rent:

Home ListingModel NameBed/BathPriced From
5774 Lake Buena Vista Way5774 Lake Buena Vista Way3BR, 2BA$2,500
1066 Queen Annes Ln1066 Queen Annes Ln4BR, 3BA$3,395
1027 Lyra Way1027 Lyra Way4BR, 2BA$3,500

Best Value Homes for Rent in Banning, CA

As of September 18, 2026 the best value rental home in the Banning area is the $1.55 price per square foot 1059 Little Leaf St Model at 1059 Little Leaf St in the Portola at Mission Crest neighborhood starting from $3,750. The second greatest value Banning rental home is the 1066 Queen Annes Ln Model at 1066 Queen Annes Ln in the Canyon Ridge neighborhood starting at $3,395 with a $1.43 price per square foot. Here is today’s list of the best values for Banning homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
1059 Little Leaf St1059 Little Leaf St4BR, 3BA$1.55
1066 Queen Annes Ln1066 Queen Annes Ln4BR, 3BA$1.43
1027 Lyra Way1027 Lyra Way4BR, 2BA$1.59
1510 Summerfield Wy1510 Summerfield Wy2BR, 2BA$1.65
5774 Lake Buena Vista Way5774 Lake Buena Vista Way3BR, 2BA$1.90
980 Oakland Hills Dr980 Oakland Hills Dr3BR, 2BA$1.92
295 E Barbour St295 E Barbour St3BR, 1BA$2.56

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 Banning

What type of rentals are currently available in Banning?

There are currently 117 Apartments for Rent in Banning, CA with pricing that ranges from $1,200 to $1,850. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Banning ranging from $1,400 to $6,975.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Banning ranges from $1,400 to $6,975 with an average monthly rent of $2,725.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.