Cheap Homes for Rent in Drake Park Neighborhood of Des Moines, IA from $500 (25 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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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. The Acacia has the second lowest priced unit, which is a Studio apartment currently listed from $647. Here are the most affordable Drake Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Village GreenStudioStudio,1BA$600
The AcaciaStudio - ClassicStudio,1BA$647
Stockbridge Apartments1x1 670-7001BR,1BA$650
Lenox PropertiesGreenwood AStudio,1BA$650
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675

Best Value Apartments for Rent in Drake Park, IA

As of February 19, 2026 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 Riley Model at Ingersoll Towers starting at $879 with a $0.82 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
Ingersoll TowersRiley2BR,2BA$0.82
560 29th St560 29th St2BR,1BA$1.03
1215 23rd St, Unit 1215 23RD apt #31215 23rd St2BR,1BA$0.80
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.05
1604 16th St, Unit Apt 21604 16th St2BR,1BA$0.92
Skyloft Apartments2BR/1.0BA2BR,1BA$1.08
Discover Modern Comfort at Welbeck Apartments ~ Rent SpecialLegacy 2Br/1Ba2BR,1BA$1.06
Stockbridge Apartments1x1 670-7001BR,1BA$0.93
Clover Creek2/1 - Classic2BR,1BA$1.08

Frequently Asked Questions about Drake Park

What type of rentals are currently available in Drake Park?

There are currently 589 Apartments for Rent in Drake Park, IA with pricing that ranges from $525 to $21,803. There are also 69 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake Park ranging from $500 to $2,900.

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 $500 to $2,900 with an average monthly rent of $1,456.

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 $1,087 to $4,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $2,875. Four Bedroom Single-Family rentals are also available starting from $1,395 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

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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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.