Cheap Apartments for Rent in Banks, OR from $1,000 (15 Rentals)

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Cheap Apartments in Banks.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Isabelle Terrace
Studio to 1 Bedroom Apartments

Isabelle Terrace

210 SE 9th AveHillsboro, OR 97123
  • Utilities Included

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 Parkside Apartments priced from $1,050. Gateway Commons in the Oakhurst South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,221. Here is today’s list of the most affordable Banks apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Parkside Apartments1 Bedroom 1 Bath1BR,1BA$1,050
Gateway Commons1 Bedroom 1 Bathroom LIHTC 60% MFI1BR,1BA$1,221
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1,425
The Boxer Apartments2 Bed 1 Bath2BR,1BA$1,450
Jackson School VillageA11BR,1BA$1,457

Best Value Apartments for Rent in Banks, OR and Nearby

As of May 03, 2025 the best value apartment in the Banks area is the $2.04 price per square foot 2-Level Duplex 3x2.5 with Attached Garage Model at ReNew Rock Creek in the in the Triple Creek neighborhood starting from $2,835. The second greatest value Banks apartment is the B1 Model at Platform 14 starting at $2,375 with a $1.90 price per square foot in the Orenco 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 Creek2-Level Duplex 3x2.5 with Attached Garage3BR,2.5BA$2.04
Platform 14B12BR,2BA$1.90
24th & Main Apartments3 bed, 2 bath3BR,2BA$1.86
Jackson School VillageB12BR,2BA$2.01
Commons at Creekside ApartmentsDeschutes2BR,2BA$1.97
Commons at Dawson Creek ApartmentsCambridge2BR,2BA$2.07
The Reserve at FernhillFloor Plan 4 - Two Bedroom2BR,2BA$2.08
Quail Hollow ApartmentsTwo Bedroom2BR,1BA$1.72
Gateway Commons1 Bedroom 1 Bathroom LIHTC 60% MFI1BR,1BA$1.74
Parkside Apartments1 Bedroom 1 Bath1BR,1BA$1.57

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Banks, OR Rentals by Map

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Getting Around Banks, OR

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Banks Apartments

What is the Cheapest Studio apartment in Banks?

Currently the most affordable Cheap Studio Apartment in Banks is at Isabelle Terrace listed at $1,500.

How much is rent for a Cheap One Bedroom Banks Apartment?

The lowest price for a Cheap One Bedroom Banks Apartment is $1,050 at Parkside 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 $1,425 at Quail Hollow Apartments.

What is the most affordable Banks Three Bedroom Apartment?

The best deal on a cheap Banks Three Bedroom Apartment rental is at Gateway Commons and starts from $1,682.

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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.