3903 University Ave
Des MoinesIA50311
Cheap Homes for Rent in the Drake Park Neighborhood of Des Moines, IA from $775 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake Park area of Des Moines.
1303 College Ave
Des MoinesIA50314
1137 44th St
Des MoinesIA50311
713 20th St
Des MoinesIA50314
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$8751 Bedroom Apartments Available Sep 5
4009 University Ave, Unit 3
4009 University AveDes Moines, IA 50311
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$8751 Bedroom Apartments Available Now
4009 University Ave, Unit 1
4009 University AveDes Moines, IA 50311
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$8952 Bedroom Apartments Available Now
1809 Arlington Ave, Unit 3
1809 Arlington AveDes Moines, IA 50314
Des Moines's Best Affordable Neighborhoods
Learn about Des Moines and the best places to live with original content written by our Local Expert Joseph Isenberg
1806 Jefferson Ave
Des MoinesIA50314
1547 13th St
Des MoinesIA50314
1120 E 6th St, Unit 8
1120 E 6th St
Des MoinesIA50316
3001 30th St
Des MoinesIA50310
3216 1st St
Des MoinesIA50313
112 11th St, Unit #206
112 11th St
Des MoinesIA50309
3103 E 7th St
Des MoinesIA50316
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
Showing Results 1-14, Page 1 of 1
Drake Park, Des Moines, IA Local Guide
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How much does it cost to rent a home in Drake Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake Park 2 Bedroom Homes for Rent | $1,391 | $950 | $2,250 |
| Drake Park 3 Bedroom Homes for Rent | $1,771 | $1,350 | $2,895 |
| Drake Park 4 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
| Drake Park 5 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Drake Park Neighborhood of Des Moines, IA.
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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 1 Bed unit found at 732 19th St priced from $550. 3309 University Ave has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here are the most affordable Drake Park apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 732 19th St | 1 Beds, 1 Baths | 1BR,1BA | $550 |
| 3309 University Ave | 0BR/1.0BA | Studio,1BA | $600 |
| 319 Franklin Ave | 1BR/1.0BA | 1BR,1BA | $623 |
| The Concord Building | Studio | Studio,1BA | $630 |
| The Acacia | Studio - Classic | Studio,1BA | $647 |
Best Value Apartments for Rent in Drake Park, IA
As of August 27, 2026 the best value apartment in the Drake Park area is the $1.14 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,450. The second greatest value Drake Park apartment is the 3 Beds, 1 Baths Model at 4216 Ingersoll Ave starting at $1,235 with a $1.03 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.14 |
| 4216 Ingersoll Ave | 3 Beds, 1 Baths | 3BR,1BA | $1.03 |
| Alta Casa | 2 Bedroom | 2BR,1BA | $1.10 |
| The Elmhurst | Model C | 1BR,1BA | $0.96 |
| 713 20th St, Unit 1915-3 | 713 20th St | 2BR,1BA | $1.03 |
| Vine Street Lofts | 1 Bedroom | 1BR,1BA | $1.15 |
| 2820-2822 Kingman Blvd | 1 Beds, 1 Baths | 1BR,1BA | $0.99 |
| Riverview Oaks Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.15 |
| MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
| 3119 Grand Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.11 |
Frequently Asked Questions about Drake Park
What type of rentals are currently available in Drake Park?
There are currently 592 Apartments for Rent in Drake Park, IA with pricing that ranges from $480 to $5,868. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake Park ranging from $775 to $2,895.
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 $775 to $2,895 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 $1,100 to $2,749, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,895. Four Bedroom Single-Family rentals are also available starting from $1,595 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
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.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.