
Cheap Homes for Rent in Drake Park Neighborhood of Des Moines, IA from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake Park area of Des Moines.


3419 1st St

2826 Oxford St

3721 Cottage Grove Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1000 24th St

1334 32nd St

1334 32nd St
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
Drake Park, Des Moines, IA Local Guide

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 | $1,304 | $825 | $2,200 |
Drake Park 3 Bedroom Homes for Rent | $1,652 | $1,150 | $2,195 |
Drake Park 4 Bedroom Homes for Rent | $2,147 | $1,695 | $2,395 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Drake Park Neighborhood of Des Moines, IA.
Explore Des Moines
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Village Green | Studio | Studio,1BA | $600 |
Ingersoll Park Studio Apartments 3607 | Studio | Studio,1BA | $625 |
Riverview Oaks Apartments | Studio | Studio,1BA | $625 |
Best Value Apartments for Rent in Drake Park, IA
As of June 27, 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 Model at Vine Street Lofts starting at $1,302 with a $1.11 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. |
---|---|---|---|
The Elmhurst | Model A | 2BR,2BA | $1.00 |
Vine Street Lofts | 2 Bedroom | 2BR,2BA | $1.11 |
2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
Court Ave Lofts | CA-C4 Income Restricted | 2BR,2BA | $1.09 |
Hamilton Apartments | One Bedroom | 1BR,1BA | $0.84 |
The 4220 Grand Apartments | Two Bedroom Large | 2BR,1.5BA | $0.99 |
1818 Pleasant St, Unit 1818 | 1818 Pleasant St | 2BR,1BA | $1.03 |
Woodland Avenue Brickstone | 1x1 630 | 1BR,1BA | $1.08 |
MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
Riverview Oaks Apartments | Studio | Studio ,1BA | $1.14 |
Frequently Asked Questions about Drake Park
What type of rentals are currently available in Drake Park?
There are currently 571 Apartments for Rent in Drake Park, IA with pricing that ranges from $565 to $4,412. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake Park ranging from $595 to $2,395.
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 $595 to $2,395 with an average monthly rent of $1,493.
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 $870 to $3,257, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,195. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $965.
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.

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.

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.

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.

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.