Cheap Apartments for Rent in the Drake University Neighborhood of Des Moines, IA from $500 (54 Rentals) Page 2 of 2
Search the lowest-cost Apartments available for rent right now in the Drake University area of Des Moines.
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 | $1,113 | $600 | $1,749 |
Drake University 1 Bedroom Apartments | $1,363 | $595 | $1,927 |
Drake University 2 Bedroom Apartments | $1,547 | $695 | $2,687 |
Drake University 3 Bedroom Apartments | $1,585 | $995 | $2,966 |
Drake University 4 Bedroom Apartments | $1,254 | $965 | $1,555 |
Browse Apartments in this Neighborhood
There are currently 54 rentals with your search options within a 1 mile radius of the Drake University Neighborhood of Des Moines, IA.
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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 $730.
What is the price of a cheap apartment in Drake University?
The cheapest apartment in Drake University is The Flats on 21st which is listed at $650, while the average apartment in Drake University costs $1,500.
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 3 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 $511 which is $989 cheaper than the average rent for all rentals in Drake University.
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.