Peaks on Drake Apartments

Verified
This is a CoStar Verified® Listing

Peaks on Drake in Fort Collins, CO is verified by CoStar’s® proprietary screening and fraud detection process, so you can shop and rent with confidence on ApartmentHomeLiving.com. Always protect yourself when shopping online.

515 E Drake Rd, Fort Collins, CO 80525
(970) 469-5786
Check Availability

Photos

Contact

Peaks on Drake

515 E Drake Rd
Fort Collins, CO 80525
(970) 469-5786
Peaks on Drake in Fort Collins, CO - Building Photo
  • 1–2 Bedrooms
  • $1,299-$1,735Pricing
  • 720–880Square Feet

Rent Specials

Look & Lease Special: $500 off your first full month's rent when you apply and sign today!

Ask Us About Our Specials

About Peaks on Drake

Peaks on Drakes offers updated one, two, and three-bedroom apartments in midtown. Fort Collins will have everything you need to live comfortably and happy. Youll love the stainless steel appliances, custom kitchen cabinetry with updated countertops, and dishwashers. Enjoy access to the community pool, as well as picnic and barbeque areas, plus much more.

Peaks on Drake is located in the 80525 Zip code of Fort Collins, CO. This community is professionally managed by Four Star Realty

Unique Features and Amenities

  • Air Conditioner
  • BBQ/Picnic Area
  • Bus Stop in Front of Property
  • Ceiling Fan
  • Off Street Parking
  • Renovated - No Washer/Dryer
  • Renovated Unit

See All Amenities

Property Contact Info

Floorplan Pricing and Availability

Peaks on Drake offers 1 to 2 Bedroom apartments starting from $1,299 and having 720–880 sq ft. Here is the current pricing and availability:

  • 1 Bedroom

    1 Bed 1 Bath - Renovated

    From $1,299

    1 Bed, 1 Bath, 720 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,299Available Now211A720
    $1,325Available Now309B720
    $1,310Available Now206B720

    Model Amenities and Features

    Features

    • Air Conditioning
    • Cable Ready
    • Ceiling Fans
    • Handrails
    • High Speed Internet Access
    • Smoke Free
    • Sprinkler System
    • Tub/Shower
    • Wheelchair Accessible (Rooms)

    Kitchen

    • Breakfast Nook
    • Dishwasher
    • Disposal
    • Kitchen
    • Oven
    • Pantry
    • Range
    • Refrigerator
    • Stainless Steel Appliances

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,345

    Current Available Pricing

    • $1,299 - $1,325

    Unit 211A Rent and Fees

    Unit Price

    • $1,299

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,345

    Unit 309B Rent and Fees

    Unit Price

    • $1,325

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,345

    Unit 206B Rent and Fees

    Unit Price

    • $1,310

    Model Rent and Fees

    Model Price Range

    • $1,299 - $1,345
  • 2 Bedrooms

    2 Bed 1 Bath - Classic

    From $1,475

    2 Beds, 1 Bath, 850-880 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtView Details
    $1,475Available Now203B880
    $1,499Available Now103A880
    $1,735 February 2, 2026205B850

    Model Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Model Rent and Fees

    Model Price Range

    • $1,475 - $1,735

    Unit 203B Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 203B Rent and Fees

    Unit Price

    • $1,475

    Model Rent and Fees

    Model Price Range

    • $1,475 - $1,735

    Unit 103A Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 103A Rent and Fees

    Unit Price

    • $1,499

    Model Rent and Fees

    Model Price Range

    • $1,475 - $1,735

    Unit 205B Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 205B Rent and Fees

    Unit Price

    • $1,735

    Model Rent and Fees

    Model Price Range

    • $1,475 - $1,735

    2 Bed 2 Bath - Classic

    $1,705

    2 Beds, 2 Baths, 880 sq ft
    Available Mar 10

    Availability Details

    PriceAvailability DateUnitSq Ft
    $1,705 March 10, 2026202A880

    Unit 202A Amenities and Features

    Features

    • High Speed Internet Access
    • Smoke Free

    Unit 202A Rent and Fees

    Unit Price

    • $1,705

    Model Rent and Fees

    Price

    • $1,705
Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (970) 469-5786 to schedule a tour.

3D Tours

Property Information

  • 92 Units
  • 3 Stories
  • Built in 1973

Lease Terms

  • 12 mo
  • Short Term Lease Options

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Move-In Fees

Due at Application
Application Fee Per ApplicantiApplication fees are $22.50/applicant. Due at time of application in order to process application screening. Charged per applicant$22
Due at Move-In
Administrative FeeiAdministrative fees are $200.00/lease. Due at time of lease signing, prior to move in. Charged per unit$200
Security DepositiSecurity Deposit Charged Per UnitVaries
Lease Admin FeeiLease Admin Fee Charged per unitVaries

Utilities & Essentials

ElectriciElectric Charged Per UnitVaries/mo
GasiGas Charged Per UnitVaries/mo
Storm WateriStorm Water Charged Per UnitVaries/mo
Utility Admin FeeiUtility Admin Fee Charged per unit$10/mo
PDLW InsuranceiPDLW Insurance Charged per unit$14.5/mo
TrashiTrash Charged per unitVaries/mo
Water & SeweriWater & Sewer Charged per unitVaries/mo
ParkingiParking Charged per unit$50-$350/mo

Other Fees

Situational Fees

Late FeeiLate Fee Charged Per UnitVaries/per occurrence
Application FeeiApplication Fee Charged per unit$22.5

Pet Fees

Other Pet

Pet DepositiPet Deposit Charged Per Pet$300
Pet RentiPet Rent Charged Per Pet$35/mo

Dogs

    Restrictions:

    | Restrictions: None

    Cats

      Restrictions:

      | Restrictions: None

      Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

      Features and Amenities

      Unique Amenities

      • Air Conditioner
      • BBQ/Picnic Area
      • Bus Stop in Front of Property
      • Ceiling Fan
      • Off Street Parking
      • Renovated - No Washer/Dryer
      • Renovated Unit

      On-Site Services

      • Maintenance On Site
      • Property Manager On Site
      • Online Services
      • Pet Play Area
      • Recycling
      • Renters Insurance Program
      • Public Transportation
      • Laundry Facilities

      Community Features

      • Corporate Housing
      • Vintage Building
      • Walk Up
      • Elevator

      Outdoor Features

      • Grill
      • Picnic Area
      • Courtyard
      • Lawn

      Recreation and Fitness

      • Bicycle Storage
      • Spa
      • Basketball Court
      • Playground
      • Pool

      Interior Features

      • Ceiling Fans
      • High Speed Internet Access
      • Sprinkler System
      • Tub/Shower
      • Handrails
      • Cable Ready
      • Air Conditioning
      • Wheelchair Accessible (Rooms)
      • Smoke Free

      Kitchen Amenities

      • Range
      • Refrigerator
      • Disposal
      • Stainless Steel Appliances
      • Kitchen
      • Breakfast Nook
      • Oven
      • Pantry
      • Dishwasher

      Living Area Features

      • Double Pane Windows
      • Vinyl Flooring
      • Carpet
      • Hardwood Floors
      Google Map

      Map

      515 E Drake Rd, Fort Collins, CO 80525

      Hours and Contact Info

      Call Us - Open Now!
      Currently Closed
      By Appointment
      Monday9:00 am–5:00 pm
      Tuesday9:00 am–5:00 pm
      Wednesday9:00 am–5:00 pm
      Thursday9:00 am–5:00 pm
      Friday9:00 am–5:00 pm
      SaturdayClosed
      SundayClosed

      Frequently Asked Questions about Peaks on Drake

      Where is Peaks on Drake located?

      Peaks on Drake is located at 515 E Drake Rd, Fort Collins, CO

      What is the current rent range at Peaks on Drake?

      1 Bedroom to 2 Bedroom Apartments at Peaks on Drake currently range from $1,299 to $1,735

      When is the leasing office open?

      • The office Hours for Peaks on Drake are
      • Monday 9:00 am–5:00 pm
      • Tuesday 9:00 am–5:00 pm
      • Wednesday 9:00 am–5:00 pm
      • Thursday 9:00 am–5:00 pm
      • Friday 9:00 am–5:00 pm
      • Saturday Closed
      • Sunday Closed

      Are pets allowed?

      Call us today to find out our pet policy and if we allow pets

      Are there any rent specials?

      The current rent special at Peaks on Drake is: Look & Lease Special: $500 off your first full month's rent when you apply and sign today!.

      About Portable Tenant Screening Reports:

      Applicant has the right to provide the property manager or owner with a Portable Tenant Screening Report (PTSR) that is not more than 30 days old, as defined in § 38-12-902(2.5), Colorado Revised Statutes; and 2) if Applicant provides the property manager or owner with a PTSR, the property manager or owner is prohibited from: a) charging Applicant a rental application fee; or b) charging Applicant a fee for the property manager or owner to access or use the PTSR.

      Lifestyle Ratings

      • Affordability Nice Value3.0

        The Peaks on Drake Apartments are 23.2% cheaper than the average apartment city-wide.

        Rent Comparison to the city of Fort Collins

        FloorplanLowest Price HereCity Average RentCost Difference%
        1 Bedroom$1,299$1,690-$391-23.1%
        2 Bedroom$1,475$1,924-$449-23.3%

        Methodology: On 02/01/2026, ApartmentHomeLiving.com compared current rents by floorplan to 344 other apartment communities in Fort Collins using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

        Rent Pricing Data as of 02/01/2026

      • Pet Friendly 3.4

        Top Pet Friendly apartments have specified that they accept pets and feature a number pet friendly amenities for renters with furry friends.

        Rating Factors

        This 3.4-star Pet Friendly rating is based on the following features:

        • Hardwood Floors
        • Pet Play Area
        • Elevator(s)
        • Basketball Court(s)
        • Courtyard
        • Air Conditioning
        • Lawns
      • Family Friendly 3.0

        Family Friendly apartments feature the best community amenities for larger families like larger floorplans, playgrounds and day care options.

        Rating Factors

        This 3.0-star Family Friendly rating is based on the following features:

        • Playground(s)
        • Smoke Free Options
        • Hardwood Floors
        • Maintenance on site
        • Pet Play Area
        • Elevator(s)
        • Bicycle Storage
        • Swimming Pool(s)
        • High Speed Internet Access
        • Dishwashers
        • Property Manager on Site
        • Renters Insurance Programs
        • Public Transportation
        • Laundry Facilities
        • Grill(s)
        • Picnic Area
        • Courtyard
        • Whirlpool/Spa/Sauna
        • Ceiling Fans
        • Sprinkler System
        • Tub/Showers
        • Handrails
        • Air Conditioning
        • Wheelchair Access
        • Disposals
        • Kitchens
        • Breakfast Nooks
        • Pantries
        • Double Pane Windows
        • Vinyl Flooring
        • Lawns
        • Cable Ready
        See more
        See less
      • Eco-Friendly 3.2

        The Eco-Friendly Lifestyle score highlights how amenities and features at top local communities may support environmentally friendly, clean, and energy efficient living.

        Rating Factors

        This 3.2-star Eco-Friendly rating is based on the following features:

        • Smoke Free Options
        • Recycling
        • Double Pane Windows
        • Public Transportation
      Learn more about Lifestyle Search

      Renters Reviews and Ratings

      3.0
      6 Renters Reviews
      ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

      Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.
      • Four Star Has turned this property around!

        January 24, 2025
        This property is clean, quite and has great rent prices. The staff and maintenance are very helpful and really do care for the property and tenants.
        • Property Manager Responded

          January 27, 2025
          We’re so pleased to see that your experience here has been so positive! Our maintenance team works hard on the upkeep of our community, while our office team works hard to give five-star customer service and we are pleased to hear your experience reflects this. If there is anything you ever need, please reach out to the office and let us know!
        Review from Apartments.com
      • Peaks On Drake

        January 23, 2025
        Peaks on drake is a wonderful apartment complex. Vanessa does a great job at coordinating day to day business and is very accommodating when needs arise in apartments. Jack does a great job at fixing any issues within the apartment in a very timely manner.
        • Property Manager Responded

          January 24, 2025
          We're thrilled to see your remarkable review of Peaks on Drake! Thanks a ton for sharing this five-star rating with our team!
        Review from Apartments.com
      • Great Property

        January 23, 2025
        Love the recently renovated units and the central location. Great property.
        • Property Manager Responded

          January 24, 2025
          We're thrilled to hear that, Cole! Thanks so much for taking the time to share your five-star experience with us here! As always, let us know if you ever need anything!
        Review from Apartments.com
      • Unsafe, lazy, rude staff

        May 4, 2022
        I’ve lived here for a year and it has been the worst apartment experience I’ve ever had. There’s been constant drug busts and shootings since I’ve moved in and they try to say that they have new management and that things are changing but things are not changing the only thing that’s changing is they’re trying to take more money from the residents that were already tricked into moving here. There’s roaches, there’s crackheads, they upgraded like two apartment units and act like the rest of the ...
        apartment complex is updated. Trash
        Read More
        Review from Apartments.com
      • Absolutely Disgusting

        October 18, 2021
        This place is disgusting, management is unprofessional, and overall it is unsafe
        Review from Apartments.com
      • This place isn't worth it

        September 18, 2021
        I recently moved into this unit and I didn't have high hopes when I moved in due to other reviews I've seen but it was the only place that was available at the time so here I am. It is a renovated unit but I've had some issues with it so far. A lot of the outlets were painted over, they painted over tape on the front door i guess they were too lazy to take off, some of the drawers in the kitchen cant be opened without opening the oven and refrigerator which isnt that bad but it is annoying, some ...
        of the flooring that was put down is sticking up in some spots, whoever installed the toilet did it wrong because it was leaking and maintenance had to come in and fix it, there is a roach problem in this unit that they said they were unaware of and I found dead roaches that were painted over while cleaning. They did hire pest control to come and handle the issue but the company they hired said it could take up to 6 weeks to solve this problem. The parking lot is riddled with potholes, trash and cigarette butts are everywhere, they were/are doing renovations recently, mostly painting the buildings so it looks nicer but the painters left trash and their equipment everywhere blocking pathways and the elevator which doesnt work that well.
        Read More
        Review from Apartments.com

      Nearby Schools

      Fort Collins High School

      Poudre R-1
      3400 Lambkin Way
      Public School - Grades 9-12 (1903 Students)
      In Attendance Zone5 minute drive / 1.8 miles away
      8/10

      Boltz Middle School

      Poudre R-1
      720 Boltz Drive
      Public School - Grades 6-8 (580 Students)
      In Attendance Zone2 minute drive / 0.7 miles away
      6/10

      O'Dea Elementary School

      Poudre R-1
      312 Princeton Road
      Public School - Grades K-5 (429 Students)
      In Attendance Zone1 minute drive / 0.3 miles away
      8/10
      School data provided by GreatSchools.
      details
      The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

      About GreatSchools Data on ApartmentHomeLiving.com.

      Points of Interest

      Time and distance from Peaks on Drake.

      Big Box and Retail

      Goodwill

      315 Pavilion Ln
      4 minute drive / 1.64 miles away

      Target

      105 Troutman Pky
      4 minute drive / 1.66 miles away

      Walgreens

      743 S Lemay Ave
      5 minute drive / 1.91 miles away

      Colleges and Universities

      Colorado State University - South Campus

      300 West Drake Road
      2 minute drive / 0.83 miles away

      Colorado State University

      102 Administration Building
      4 minute drive / 1.6 miles away

      Colorado State University - Main Campus

      102 Administration Building
      5 minute drive / 1.8 miles away

      Groceries

      King Soopers

      2602 S Timberline Rd
      5 minute drive / 1.69 miles away

      Albertsons

      731 S Lemay Ave
      5 minute drive / 1.96 miles away

      Safeway

      2160 W Drake Rd
      5 minute drive / 2.47 miles away

      Hospitals

      Poudre Valley Hospital

      1024 S Lemay Ave
      5 minute drive / 1.76 miles away

      Banner Fort Collins Medical Center

      4700 Lady Moon Drive
      7 minute drive / 3.69 miles away

      Mckee Medical Center

      2000 Boise Ave
      20 minute drive / 9.46 miles away

      Shopping Centers

      Town & Country Shopping Center

      2839 S College Ave
      1 minute drive / 0.44 miles away

      Midtown Commons

      2721 S College Ave
      1 minute drive / 0.49 miles away

      Palmer Plaza

      2925 S College Ave
      1 minute drive / 0.5 miles away

      Peaks on Drake has 5 shopping centers within 0.5 miles.

      Nearby Neighborhoods

      Studio to 4 Bedroom Apartments from $880
      View Rentals
      Studio to 3 Bedroom Apartments from $1,119
      View Rentals

      Rental Price Ranges in the Area

      BedroomAverage RentCheapest RentHighest Rent
      Fort Collins Studio Apartments $1,546$1,269$2,236
      Fort Collins 1 Bedroom Apartments $1,690$880$5,578
      Fort Collins 2 Bedroom Apartments $1,924$780$6,369
      Fort Collins 3 Bedroom Apartments $2,033$690$5,012
      Fort Collins 4 Bedroom Apartments $1,104$799$3,400

      Browse Top Apartments in Fort Collins

      Viewing: Peaks on Drake | Desktop Version | Listing Updated: 01/30/2026 | AHLGLD