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Rental Market Trends in Banks, OR

What is the average rent in Banks, OR?

-

Average Rent

-

Average Apartment Size

As of May 2025, the average rent in Banks, OR is - per month. When you rent an apartment in Banks, you can expect to pay about per month for a studio, for a one-bedroom apartment, and around $1,389 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,389/month
827 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Banks, OR?

-

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Banks, OR
Last Updated May 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Banks, OR
Percentage*
Rent Range
50% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Banks, OR?

Because the average rent in Banks is -, you’ll want to make about per month or per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Banks, OR

5 Available Apartments for Rent

Search for Nearby Apartments

How does Banks, OR compare to other nearby cities and neighborhoods?

Use the tool below to compare Banks, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Forest Grove Average Rent
  • Cornelius Average Rent
  • Hillsboro Average Rent

Apartment communities in Banks we think you'll love

Quail Hollow Apartments

Quail Hollow Apartments

12852 NW Jarvis Pl,
Banks, OR 97106

2 Beds | $1,475 - $1,595

Jesse Quinn Apartments

Jesse Quinn Apartments

1837 Pacific Ave,
Forest Grove, OR 97116

Studio - 3 Beds | $1,645 - $2,475

The Boxer Apartments

The Boxer Apartments

2701 Main St,
Forest Grove, OR 97116

2 Beds | $1,350

The Reserve at Fernhill

The Reserve at Fernhill

1900 Poplar St,
Forest Grove, OR 97116

1-3 Beds | $1,595 - $2,400

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United States Oregon Banks Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity