Banks, OR rental market
Last updated September 23, 2025
Rental market summary
The average rent for all bedrooms and all property types in Banks, OR is $1,595.
$1,595
-$1,105
-$1,480
3
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $1,500 to $2,600.
| Rent price | Number of rental properties |
|---|---|
| $1,400 | 1 |
| $1,500 | 2 |
| $2,600+ | 1 |
Average rent price over time
In the last year, rent has decreased by $1,480 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Sep | $3,500 | $2,300 |
| Oct | $3,000 | $2,700 |
| Nov | $2,300 | $1,500 |
Market temperature
The Banks, OR rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Banks, OR is 22% lower than the national average.
$1,595
$2,050
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Frequently asked questions
1. What is the average rent in Banks, OR?
The average rent in Banks, OR is $1,595.
2. How much does it cost to rent a house in Banks, OR?
Houses in Banks, OR rent between $1,500 - $2,600 with an average rent of $1,595.
3. How has the rent in Banks, OR changed in the last year?
In the last year, the rent in Banks, OR decreased by $1,480
4. How much has the rent in Banks, OR increased/decreased in the last month?
In the last month, the rent in Banks, OR decreased by $1,105
5. How many available rentals are there in Banks, OR?
There are currently 3 rentals available in Banks, OR.
6. How do rent prices in Banks, OR compare with the national average?
The average rent in Banks, OR is $1,595 — 22.2% lower the national average of $2,050.