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Homes & Apartments for Rent in Banks, OR

Showing 1 rental in Banks, then 19 more within 25 miles, nearest first.
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What to Know About

Life in Banks & Beyond

Banks shares many of the great qualities that make Oregon a desirable place to live.

Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Banks, OR

As of November 2026, Banks's rental market is stable, with rentals spending about 27 days on the market, about the same as in Oregon (28), and rents up 1.6% over the past year. Banks's average rent is 1.8% ($33) higher than the Oregon average of $1,843 and 7.9% ($160) lower than the U.S. average of $2,036.

Average Rent
$1,876
Monthly ChangeMonth Over Month Change
Increased0.23% ($4)
Yearly ChangeYear Over Year Change
Increased1.6% ($30)
Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,485 Increased0.51% ($8) Increased3.4% ($49)
2 Beds $1,794 Increased0.24% ($4) Increased1.9% ($33)
3 Beds $2,464 Decreased0.30% ($7) Decreased2.9% ($74)
Nearby Cities Average Rent Avg. Rent vs. BanksAverage Rent vs. Banks Days on Market
North Plains $2,489 Increased32.7% ($613) 29 days
Forest Grove $1,850 Decreased1.4% ($26) 29 days
Gales Creek $2,083 Increased11.0% ($207) 27 days
Cornelius $1,842 Decreased1.8% ($34) 27 days
Scappoose $1,695 Decreased9.6% ($181) 25 days
Based on rentals advertised on RentalSource in and around Banks.
Frequently Asked Questions
Banks Rental Market FAQs

Explore rental prices, market conditions, and affordability in Banks, OR.

The average rent in Banks, OR is about $1,876 per month.
In Banks, the average rent is about $1,485 per month for a 1-bedroom home, about $1,794 for a 2-bedroom home and about $2,464 for a 3-bedroom home.
The average rent in Banks is 7.9% ($160) lower than the national average of $2,036 per month.
The rental market in Banks, OR is currently stable, with rentals spending about 27 days on the market, about the same as in Oregon (28), and rents up 1.6% over the past year.
Based on the current averages, a household would need an annual income of about $71,800 to comfortably afford a 2-bedroom home in Banks.
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