3721 Cottage Grove Ave
Des MoinesIA50311
Cheap Homes for Rent in Drake Neighborhood of Des Moines, IA from $400 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake area of Des Moines.
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.
1109 42nd St
Des MoinesIA50311
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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Drake, Des Moines, IA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Drake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake 2 Bedroom Homes for Rent | $996 | $795 | $1,400 |
| Drake 3 Bedroom Homes for Rent | $1,390 | $1,145 | $1,525 |
| Drake 4 Bedroom Homes for Rent | $2,072 | $1,995 | $2,150 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Drake Neighborhood of Des Moines, IA.
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Best Value Apartments for Rent in Drake, IA
As of December 24, 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 3 Bedroom Model at Forest Avenue Village starting at $1,600 with a $1.58 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. |
|---|---|---|---|
| 2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
| Forest Avenue Village | 3 Bedroom | 3BR,2BA | $1.58 |
| Skyloft Apartments | 2BR/1.0BA | 2BR,1BA | $1.06 |
| Forest Ave - Luxury Off-Campus Housing! | 1 BR | 1BR,1BA | $1.67 |
| The Drake Apartments | B1 | 1BR,1BA | $1.24 |
| Discounted Rent for the Month of December - Immediate Move In! | 2BR/2.0BA | 2BR,2BA | $1.66 |
| Old Main & Drake Apartments | Studio | Studio ,1BA | $2.03 |
| Beaverdale Housing LLC | Studio | Studio ,1BA | $1.87 |
| 3721 Cottage Grove Ave, Unit 7 | 3721 Cottage Grove Ave | Studio ,1BA | $1.63 |
Frequently Asked Questions about Drake
What type of rentals are currently available in Drake?
There are currently 159 Apartments for Rent in Drake, IA with pricing that ranges from $490 to $2,997. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $490 to $2,150.
What is the current price range for Rental Homes in Drake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Drake ranges from $490 to $2,150 with an average monthly rent of $1,237.
How much are larger Three and Four Bedroom Rentals in Drake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Drake range from $1,100 to $1,625, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,145 to $1,525. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $1,370.
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!