
Cheap Apartments for Rent in Banks, OR from $1,000 (17 Rentals)
Cheap Apartments in Banks.


Commons at Creekside Apartments

The Boxer Apartments

Tarkington Square Apartments

Park Creek Village
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.

Hampshire Downs

North Ridge

Commons at Hawthorn Village Apartments

232 NE 3rd Ave

1017 NE Birchwood Dr

379 N 29th Ave

2016 NW Main St

3112 Brittany Dr
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.
Banks, OR Local Guide

How much does it cost to rent an apartment in Banks?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Banks Studio Apartments | $1,890 | $1,550 | $2,760 |
Banks 1 Bedroom Apartments | $2,077 | $1,250 | $4,995 |
Banks 2 Bedroom Apartments | $2,049 | $1,350 | $5,486 |
Banks 3 Bedroom Apartments | $2,424 | $1,763 | $5,429 |
Browse Top Apartments in Banks
See all Apartments in BanksExplore Banks
Banks, OR Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Parkside Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1,050 |
Gateway Commons | 1 Bedroom 1 Bathroom LIHTC 60% MFI | 1BR,1BA | $1,221 |
The Boxer Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,350 |
Park Creek Village | CALYPSO | 1BR,1BA | $1,462 |
Quail Hollow Apartments | Two Bedroom | 2BR,1BA | $1,475 |
Best Value Apartments for Rent in Banks, OR and Nearby
As of May 08, 2025 the best value apartment in the Banks area is the $1.88 price per square foot B1 Model at Platform 14 in the in the Orenco neighborhood starting from $2,350. The second greatest value Banks apartment is the 3 bed, 2 bath Model at 24th & Main Apartments starting at $2,050 with a $1.86 price per square foot in the Oakhurst South 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. |
---|---|---|---|
Platform 14 | B1 | 2BR,2BA | $1.88 |
24th & Main Apartments | 3 bed, 2 bath | 3BR,2BA | $1.86 |
The Reserve at Fernhill | Floor Plan 5 - Two Bedroom | 2BR,2BA | $1.97 |
Jackson School Village | B1 | 2BR,2BA | $1.91 |
Forestplace Apartment Homes | Stream | 2BR,2BA | $2.02 |
Commons at Creekside Apartments | Deschutes | 2BR,2BA | $1.65 |
Quail Hollow Apartments | Two Bedroom | 2BR,1BA | $1.78 |
Park Creek Village | CALYPSO | 1BR,1BA | $2.02 |
Gateway Commons | 1 Bedroom 1 Bathroom LIHTC 60% MFI | 1BR,1BA | $1.74 |
Parkside Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.57 |
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.
Best Local Schools in Banks, OR
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Banks, OR Rentals by Map
See the most popular apartments and homes in Banks, OR
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,350 at The Boxer 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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.

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.

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.