Cheap Apartments for Rent in Banks, AL from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Banks.

Lakepier Apartments

Brookdale Apartments

Forest Haven Apartments

Fort Deposit Villas

Raintree Apartments

Camellia Village
Banks, AL Local Guide

How much does it cost to rent an apartment in Banks?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Banks Studio Apartments | $1,000 | $1,000 | $1,000 |
Banks 1 Bedroom Apartments | $1,182 | $480 | $1,787 |
Banks 2 Bedroom Apartments | $1,285 | $495 | $2,122 |
Banks 3 Bedroom Apartments | $1,557 | $875 | $2,438 |
Banks 4 Bedroom Apartments | $730 | $450 | $2,250 |
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Banks, AL Local Guide
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Cheapest Available Banks Apartments for Rent and Nearby
 The cheapest available apartment rental in Banks, AL is a 4 Beds unit found at University Corners priced from $450. Forest Haven Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Banks apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
University Corners | 4 Bedroom 2 Bath | 4BR,2BA | $450 |
Forest Haven Apartments | one bedroom | 1BR,1BA | $600 |
Wooddale Apartments | Wooddale, Oakdale, Shady Oaks | 1BR,1BA | $615 |
Willow Terrace Apartments | The Julianne | 1BR,1BA | $650 |
Magnolia Trace | 2 BR | 2BR,2BA | $680 |
Best Value Apartments for Rent in Banks, AL and Nearby
As of March 14, 2025 the best value apartment in the Banks area is the $0.95 price per square foot 3 BEDROOM Model at Heron Cove in the starting from $1,060. The second greatest value Banks apartment is the The Montgomery Model at Elevate 5050 starting at $1,062 with a $0.96 price per square foot in the Halcyon Park 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. |
---|---|---|---|
Heron Cove | 3 BEDROOM | 3BR,2BA | $0.95 |
Elevate 5050 | The Montgomery | 2BR,2BA | $0.96 |
Summer Court Townhomes | 2BR/1.5BA | 2BR,1.5BA | $0.89 |
The Pointe at Camellia Commons | Two Bedroom Two Bath Model A (Patio/Balcony) | 2BR,2BA | $1.10 |
Tapestry on Vaughn | B2 - Alon | 2BR,2BA | $1.10 |
Beacon Ridge Apartments | 2BR/2BA | 2BR,2BA | $0.91 |
Andrews Place Apartments | 2 Beds, 2 baths | 2BR,2BA | $1.16 |
University Corners | 2x1 Renovated | 2BR,1BA | $0.66 |
Willow Terrace Apartments | The Lexxie | 1BR,1BA | $0.98 |
Forest Haven Apartments | one bedroom | 1BR,1BA | $0.92 |
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Frequently Asked Questions about Cheap Banks Apartments
How much is rent for a Cheap One Bedroom Banks Apartment?
The lowest price for a Cheap One Bedroom Banks Apartment is $600 at Forest Haven Apartments.
What is the lowest price for a Cheap Two Bedroom Banks Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Banks is starting from $520 at University Corners.
What is the most affordable Banks Three Bedroom Apartment?
The best deal on a cheap Banks Three Bedroom Apartment rental is at Willow Terrace Apartments and starts from $875.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.