Banks, OR rental market

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Last updated August 6, 2025

Rental market summary

The average rent for all bedrooms and all property types in Banks, OR is $2,870.

Average rent

$2,870

Month-over-month change

+$2,870

Year-over-year change

+$2,870

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $2,795 to $2,795.

Rent frequencies
Rent priceNumber of rental properties
$2,800+1

Average rent price over time

In the last year, rent has increased by $2,870 compared to the previous year.

Average rent price over time
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 HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Banks, OR is 37% higher than the national average.

Banks, ORvs.

$2,870

$2,100

Rent in Banks, OR

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Frequently asked questions

1. What is the average rent in Banks, OR?

The average rent in Banks, OR is $2,870.

2. How much does it cost to rent a house in Banks, OR?

Houses in Banks, OR rent between $2,795 - $2,795 with an average rent of $2,870.

3. How has the rent in Banks, OR changed in the last year?

In the last year, the rent in Banks, OR increased by $2,870

4. How much has the rent in Banks, OR increased/decreased in the last month?

In the last month, the rent in Banks, OR increased by $2,870

5. How many available rentals are there in Banks, OR?

There are currently 1 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 $2,870 — 36.67% higher the national average of $2,100.