Cheap Apartments for Rent in the Drake Neighborhood of Des Moines, IA from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Drake area of Des Moines.

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3809 University Ave
Studio Apartments

3809 University Ave

3809 University AveDes Moines, IA 50311
  • Utilities Included
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Drake Collection
1 Bedroom Apartments

Drake Collection

2931 Cottage Grove AveDes Moines, IA 50311
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Kingman Gardens
1 to 3 Bedroom Apartments

Kingman Gardens

3010 Kingman BlvdDes Moines, IA 50311
  • Utilities Included

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Drake Pointe
1 Bedroom Apartments

Drake Pointe

1101 25th StDes Moines, IA 50311
Student Housing
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University West
2 Bedroom Apartments

University West

4010 UniversityDes Moines, IA 50311
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University Park Place
2 Bedroom Apartments

University Park Place

3725-3727 University AveDes Moines, IA 50311
  • Utilities Included

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Drake Terrace
2 Bedroom Apartments

Drake Terrace

1100 24th StDes Moines, IA 50311
Student Housing
  • Utilities Included
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Kingman Gardens
3 Bedroom Apartments

Kingman Gardens

1025 31st StDes Moines, IA 50311
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Cheapest Available Drake Apartments for Rent

 

The cheapest available apartment rental in the Drake area of Des Moines, IA is a Studio unit found at Beaverdale Housing LLC priced from $710. The Drake has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here are the most affordable Drake apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Beaverdale Housing LLCStudioStudio,1BA$710
The Drake1 Bedroom 1 Bathroom1BR,1BA$730
Forest Avenue Village0BR/1.0BAStudio,1BA$775
Old Main & Drake ApartmentsStudioStudio,1BA$785
3000 Grand ApartmentsStudio | 1 BathStudio,1BA$845
Canary LoftsS1 - Studio AStudio,1BA$890
2813 Cottage Grove Ave2 bed2BR,1BA$900
Imperial Grand PrixGrand Prix 1 Bedroom1BR,1BA$942
Rowat LoftsS6 - Gypsum With AlcoveStudio,1BA$962
SollS1 - DoStudio,1BA$1,066

Best Value Apartments for Rent in Drake, IA

As of June 05, 2025 the best value apartment in the Drake area is the $0.82 price per square foot 2 bed Model at 2813 Cottage Grove Ave in the in the Drake Park neighborhood starting from $900. The second greatest value Drake apartment is the 2 Bedroom 2 Bathroom Model at High Street Lofts starting at $1,625 with a $1.69 price per square foot in the Southwest Des Moines neighborhood. Here is today’s list of the best values for Drake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
High Street Lofts2 Bedroom 2 Bathroom2BR,2BA$1.69
VueA51BR,1BA$1.59
Imperial Grand PrixGrand Prix 1 Bedroom1BR,1BA$1.31
Ingersoll Square Lofts2A31BR,1BA$1.88
The Drake1 Bedroom 1 Bathroom1BR,1BA$1.17
3000 Grand ApartmentsStudio | 1 BathStudio ,1BA$1.46
Forest Avenue Village0BR/1.0BAStudio ,1BA$1.83
Old Main & Drake ApartmentsStudioStudio ,1BA$2.03
Beaverdale Housing LLCStudioStudio ,1BA$1.87

Getting Around the Drake Neighborhood in Des Moines, IA

Walk Score®

71 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

52 / 100

Bikeable

Some bike infrastructure

Transit Score®

38 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Drake Apartments

What is the Cheapest Studio apartment in Drake?

Currently the most affordable Cheap Studio Apartment in Drake is at Beaverdale Housing LLC listed at $710.

How much is rent for a Cheap One Bedroom Drake Apartment?

The lowest price for a Cheap One Bedroom Drake Apartment is $730 at The Drake.

What is the lowest price for a Cheap Two Bedroom Drake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Drake is starting from $825 at The Drake.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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