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$555Studio Apartment Available Feb 1
3721 Cottage Grove Ave, Unit 5
3721 Cottage Grove AveDes Moines, IA 50311
Cheap Apartments for Rent in the Drake University Neighborhood of Des Moines, IA from $400 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Drake University area of Des Moines.
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Rent Specials
$600 - $1,100Studio to 3 Bedroom Apartments Available Now
Village Green
1042 18th StDes Moines, IA 50314
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Rent Specials
$695 - $7951 to 2 Bedroom Apartments Available Feb 13
The Grove at Hickman
2400 Hickman RdDes Moines, IA 50310
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$695 - $1,3701 to 4 Bedroom Apartments Available Now
The Drake
1260 34th StDes Moines, IA 50311
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$710 - $1,450Studio to 2 Bedroom Apartments Available Now
Beaverdale Housing LLC
1417 Beaver AveDes Moines, IA 50311
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$7251 Bedroom Apartments Contact Us For Availability
1333 22nd Street
1333 22nd StDes Moines, IA 50311
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Rent Specials
$725 - $1,195Studio to 2 Bedroom Apartments Available Now
Pleasant Court
708-716 16th StDes Moines, IA 50314
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$730 - $8901 to 2 Bedroom Apartments Available Now
MLK Brickstone Apartments
1051 19th StDes Moines, IA 50314
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$750Studio Apartments Available Now
1217 24th St
1217 24th StDes Moines, IA 50311
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$775 - $1,2751 to 2 Bedroom Apartments Available Now
Woodland Avenue Brickstone
1500-1520 Woodland AveDes Moines, IA 50309
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$785 - $1,325Studio to 2 Bedroom Apartments Available Jan 31
Old Main & Drake Apartments
1217 24th StDes Moines, IA 50311
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$7952 Bedroom Apartment Available Now
1215 23rd St, Unit 1215 23RD apt #3
1215 23rd StDes Moines, IA 50311
1067 23rd St
Des MoinesIA50311
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$7952 Bedroom Apartments Contact Us For Availability
JK Sully1075
1075 33rd StDes Moines, IA 50311
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.
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$800 - $1,2951 to 4 Bedroom Apartments Available Now
New Haven Apartments
2501 24th StDes Moines, IA 50310
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Studio to 1 Bedroom Apartments
The Flats on 21st
1313 21st StDes Moines, IA 50311
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Studio Apartments
Harrington Studios
677 16th StDes Moines, IA 50314
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Studio Apartments
3809 University Ave
3809 University AveDes Moines, IA 50311
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1 Bedroom Apartments
Forest Avenue Senior Townhomes
1417 Forest AveDes Moines, IA 50314
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Studio to 2 Bedroom Apartments
University Terrace Apartments
3523 University AveDes Moines, IA 50311
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1 to 2 Bedroom Apartments
Cottage Heights on 29th
1110 29th StDes Moines, IA 50311
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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1 to 3 Bedroom Apartments
Drake Collection
2931 Cottage Grove AveDes Moines, IA 50311
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Studio Apartments
Concord Apartments
732 18th StDes Moines, IA 50314
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2 Bedroom Apartments
2413 24th St
2413 24th StDes Moines, IA 50310
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Studio to 1 Bedroom Apartments
Twin Manor
720 17th StDes Moines, IA 50314
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Studio to 1 Bedroom Apartments
The Brady Apartments
650 16th StDes Moines, IA 50314
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1 to 2 Bedroom Apartments
Delester- 811 16th St.
811 16th StDes Moines, IA 50314
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1 to 3 Bedroom Apartments
Kingman Gardens
3010 Kingman BlvdDes Moines, IA 50311
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Studio to 2 Bedroom Apartments
Kingstone Apartments 2
3121 Kingman BlvdDes Moines, IA 50311
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1 to 2 Bedroom Apartments
Drake Pointe
1101 25th StDes Moines, IA 50311
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1 to 2 Bedroom Apartments
1069 33rd St
1069 33rd StDes Moines, IA 50311
Showing Results 1-31, Page 1 of 1
Drake University, Des Moines, IA Local Guide
How much does it cost to rent an apartment in Drake University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake University Studio Apartments | $941 | $555 | $2,986 |
| Drake University 1 Bedroom Apartments | $1,022 | $695 | $2,948 |
| Drake University 2 Bedroom Apartments | $1,319 | $795 | $2,795 |
| Drake University 3 Bedroom Apartments | $1,308 | $1,100 | $1,625 |
| Drake University 4 Bedroom Apartments | $1,229 | $965 | $1,370 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 1 mile radius of the Drake University Neighborhood of Des Moines, IA.
See all Apartments in Des MoinesExplore Des Moines
Drake University, Des Moines, IA Local Guide
- Nearby Des Moines neighborhoods
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Cheapest Available Drake University Apartments for Rent
The cheapest available apartment rental in the Drake University area of Des Moines, IA is a Studio unit found at Village Green priced from $600. The Brady Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Drake University apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Green | Studio | Studio,1BA | $600 |
| The Brady Apartments | 0BR/1.0BA | Studio,1BA | $695 |
| The Drake | B3 | 1BR,1BA | $695 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
| Pleasant Court | Studio | Studio,1BA | $725 |
| MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $730 |
| Woodland Avenue Brickstone | 1x1 630 | 1BR,1BA | $775 |
| 1069 33rd St | 1069 1 bedroom | 1BR,1BA | $795 |
| Canary Lofts | Studio A | Studio,1BA | $803 |
Best Value Apartments for Rent in Drake University, IA
As of January 29, 2026 the best value apartment in the Drake University area is the $1.30 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,795. The second greatest value Drake University apartment is the Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown Des Moines neighborhood. Here is today’s list of the best values for Drake University apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.30 |
| The Elmhurst | Model A | 2BR,2BA | $1.00 |
| 2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
| 1171 21st St, Unit I | 1171 21st St | 2BR,1BA | $1.12 |
| 1215 23rd St, Unit 1215 23RD apt #3 | 1215 23rd St | 2BR,1BA | $0.80 |
| Woodland Avenue Brickstone | 2x1 850 | 2BR,1BA | $1.19 |
| 713 20th St, Unit 1915-2 | 713 20th St | 2BR,1BA | $1.00 |
| 722 18th St | 1x1 | 1BR,1BA | $1.21 |
| 1069 33rd St | 1069 1 bedroom | 1BR,1BA | $1.22 |
| MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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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.
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Pet Friendly LifestyleDrake University, Des Moines, IA
Ranked #63
Among cities in Iowa for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Drake University, Des Moines, and the greater Des Moines area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Drake University Apartments
What is a cheap apartment in Drake University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Drake University is under $803.
What is the price of a cheap apartment in Drake University?
The cheapest apartment in Drake University is The Drake which is listed at $695, while the average apartment in Drake University costs $1,295.
What types of apartments are the cheapest in Drake University?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in Drake University that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Drake University?
Cheap apartments in Drake University have an average cost of $232 which is $1,063 cheaper than the average rent for all rentals in Drake University.
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.
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.
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.
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.