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$380 - $825
Total Monthly Price
Studio to 1 Bedroom Apartment Available Apr 3Total Monthly Price
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$380 - $825
Total Monthly Price
$380 - $825
3721 Cottage Grove Ave
3721 Cottage Grove AveDes Moines, IA 50311
Cheap Apartments for Rent in the Drake Neighborhood of Des Moines, IA from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Drake area of Des Moines.
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$695 - $8251 to 2 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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$750Studio Apartments Available Mar 28
1217 24th St
1217 24th StDes Moines, IA 50311
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$785 - $1,325Studio to 2 Bedroom Apartments Available Now
Old Main & Drake Apartments
1217 24th StDes Moines, IA 50311
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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Studio Apartments
3809 University Ave
3809 University AveDes Moines, IA 50311
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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
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1 to 3 Bedroom Apartments
Drake Collection
2931 Cottage Grove AveDes Moines, IA 50311
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2 Bedroom Apartments
University West
4010 UniversityDes 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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1 to 3 Bedroom Apartments
Kingman Gardens
3010 Kingman BlvdDes Moines, IA 50311
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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
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2 Bedroom Apartments
JK Sully1075
1075 33rd StDes Moines, IA 50311
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
Showing Results 1-15, Page 1 of 1
Drake, Des Moines, IA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Drake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake Studio Apartments | $972 | $380 | $2,986 |
| Drake 1 Bedroom Apartments | $1,206 | $695 | $2,986 |
| Drake 2 Bedroom Apartments | $1,164 | $825 | $1,775 |
| Drake 3 Bedroom Apartments | $1,561 | $1,185 | $1,875 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Drake Neighborhood of Des Moines, IA.
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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. Old Main & Drake Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $785. Here are the most affordable Drake apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
| Old Main & Drake Apartments | Studio | Studio,1BA | $785 |
| The Drake | C2 | 2BR,1BA | $825 |
| Canary Lofts | Studio A | Studio,1BA | $890 |
| Forest Ave - Luxury Off-Campus Housing! | 1 BR | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Drake, IA
As of March 11, 2026 the best value apartment in the Drake area is the $1.39 price per square foot 1123 24th St Model at 1123 24th St, Unit 1 in the in the Drake Park neighborhood starting from $1,185. The second greatest value Drake apartment is the 1 BR Model at Forest Ave - Luxury Off-Campus Housing! starting at $1,125 with a $1.67 price per square foot in the Northwest Des Moines neighborhood. Here is today’s list of the best values for Drake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1123 24th St, Unit 1 | 1123 24th St | 3BR,1BA | $1.39 |
| Forest Ave - Luxury Off-Campus Housing! | 1 BR | 1BR,1BA | $1.67 |
| The Drake | B2 | 2BR,1BA | $1.46 |
| Old Main & Drake Apartments | Studio | Studio ,1BA | $2.03 |
| Beaverdale Housing LLC | Studio | Studio ,1BA | $1.87 |
| Canary Lofts | Studio A | Studio ,1BA | $2.70 |
Frequently Asked Questions about Cheap Drake Apartments
What is a cheap apartment in Drake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Drake is under $1,125.
What is the price of a cheap apartment in Drake?
The cheapest apartment in Drake is Beaverdale Housing LLC which is listed at $750, while the average apartment in Drake costs $1,625.
What types of apartments are the cheapest in Drake?
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 1 regular apartments in Drake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.