Cheap Apartments for Rent in the Drake Park Neighborhood of Des Moines, IA from $500 (131 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Drake Park area of Des Moines.

close
View Me
Oakview Terrace
Studio to 2 Bedroom Apartments

Oakview Terrace

2901-2907 Boston AveDes Moines, IA 50310
  • Utilities Included

Drake Park, Des Moines, IA Local Guide

Cheapest Available Drake Park Apartments for Rent

 

The cheapest available apartment rental in the Drake Park area of Des Moines, IA is a Studio unit found at Village Green priced from $600. Ingersoll Park Studio Apartments 3607 has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Drake Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Village GreenStudioStudio,1BA$600
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$625
Riverview Oaks ApartmentsStudioStudio,1BA$625
Ingersoll Park Studios0BR/1.0BAStudio,1BA$625
Concord ApartmentsStudio 5Studio,1BA$675
2413 24th St2 Bedroom- 2411 24th2BR,1BA$695
Hampton House ApartmentsStudioStudio,1BA$699
Beaverdale Housing LLCStudioStudio,1BA$710
Oakview TerraceStudioStudio,1BA$710
East Village SquareStudio 390-392Studio,1BA$725

Best Value Apartments for Rent in Drake Park, IA

As of June 26, 2025 the best value apartment in the Drake Park area is the $1.00 price per square foot Model A Model at The Elmhurst in the in the Downtown Des Moines neighborhood starting from $1,300. The second greatest value Drake Park apartment is the 2 Bedroom - Affordable Model at Vine Street Lofts starting at $957 with a $0.81 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Drake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ElmhurstModel A2BR,2BA$1.00
Vine Street Lofts2 Bedroom - Affordable2BR,2BA$0.81
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
Court Ave LoftsCA-C4 Income Restricted2BR,2BA$1.09
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
The 4220 Grand ApartmentsTwo Bedroom Large2BR,1.5BA$1.00
1818 Pleasant St, Unit 18181818 Pleasant St2BR,1BA$1.03
Woodland Avenue Brickstone1x1 6301BR,1BA$1.08
MLK Brickstone ApartmentsOne Bedroom1BR,1BA$1.12
Riverview Oaks ApartmentsStudioStudio ,1BA$1.14

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals in cities and towns across the United States, including Des Moines. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Drake Park Neighborhood in Des Moines, IA

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Drake Park Apartments

What is the Cheapest Studio apartment in Drake Park?

Currently the most affordable Cheap Studio Apartment in Drake Park is at Village Green listed at $600.

How much is rent for a Cheap One Bedroom Drake Park Apartment?

The lowest price for a Cheap One Bedroom Drake Park Apartment is $695 at Riverview Oaks Apartments.

What is the lowest price for a Cheap Two Bedroom Drake Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Drake Park is starting from $810 at Oakview Terrace.

What is the most affordable Drake Park Three Bedroom Apartment?

The best deal on a cheap Drake Park Three Bedroom Apartment rental is at Village Green and starts from $1,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa article

A Local Expert's Guide To the Top Budget-Friendly Neighborhoods to Rent in Des Moines, Iowa

Written by: Joseph Isenberg

I'm Joe, the ApartmentHomeLiving.com Local Expert for Des Moines and Central Iowa. My parents moved to Central Iowa in 1967, and my family has been here ever since.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.