Cheap Homes for Rent in Drake Park Neighborhood of Des Moines, IA from $400 (17 Rentals)

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

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Showing Results 1-17, Page 1 of 1

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. Clover Creek has the second lowest priced unit, which is a Studio apartment currently listed from $611. Here are the most affordable Drake Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Village GreenStudioStudio,1BA$600
Clover Creek0/1 - ClassicStudio,1BA$611
The AcaciaStudio - ClassicStudio,1BA$647
Stockbridge Apartments1x1 670-7001BR,1BA$650
Lenox PropertiesGreenwood AStudio,1BA$650

Best Value Apartments for Rent in Drake Park, IA

As of December 20, 2025 the best value apartment in the Drake Park area is the $0.98 price per square foot C3 Model at 5Fifty5 in the in the Southwest Des Moines neighborhood starting from $2,168. The second greatest value Drake Park apartment is the 2 BR/ 1 BA Model at 3612 Ingersoll Ave starting at $1,125 with a $0.70 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.
5Fifty5C33BR,2.5BA$0.98
3612 Ingersoll Ave2 BR/ 1 BA2BR,1BA$0.70
The ElmhurstModel A2BR,2BA$1.00
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
1215 23rd St, Unit 1215 23RD apt #31215 23rd St2BR,1BA$0.80
Hamilton ApartmentsOne Bedroom1BR,1BA$0.84
Ingersoll TowersAshworth2BR,1BA$0.96
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.01
Discover Modern Comfort at Welbeck Apartments ~ Rent SpecialLegacy 2Br/1Ba2BR,1BA$1.06
Stockbridge Apartments1x1 670-7001BR,1BA$0.93

Frequently Asked Questions about Drake Park

What type of rentals are currently available in Drake Park?

There are currently 586 Apartments for Rent in Drake Park, IA with pricing that ranges from $490 to $10,500. There are also 70 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake Park ranging from $490 to $3,095.

What is the current price range for Rental Homes in Drake Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Drake Park ranges from $490 to $3,095 with an average monthly rent of $1,269.

How much are larger Three and Four Bedroom Rentals in Drake Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Drake Park range from $1,100 to $2,858, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $3,095. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $965.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!