1109 42nd St
Des MoinesIA50311
Cheap Homes for Rent in the Drake Neighborhood of Des Moines, IA from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake area of Des Moines.
1123 24th St
Des MoinesIA50311
1108 25th St
Des MoinesIA50311
1215 25th St
Des MoinesIA50311
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
3903 University Ave
Des MoinesIA50311
3120 Cottage Grove Ave
Des MoinesIA50311
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$9001 Bedroom Apartments Available Sep 5
4009 University Ave, Unit 3
4009 University AveDes Moines, IA 50311
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$900Studio Apartments Available Aug 1
1217 24th St
1217 24th StDes Moines, IA 50311
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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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 | $1,304 | $1,075 | $1,800 |
| Drake 3 Bedroom Homes for Rent | $1,578 | $1,185 | $1,800 |
| Drake 4 Bedroom Homes for Rent | $1,922 | $1,850 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 1 Bed unit found at The Drake priced from $695. 1123 24th has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here are the most affordable Drake apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Drake | B3 | 1BR,1BA | $695 |
| 1123 24th | 0 Beds, 1 Baths | Studio,1BA | $695 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
Best Value Apartments for Rent in Drake, IA
As of July 26, 2026 the best value apartment in the Drake area is the $0.99 price per square foot 1 Beds, 1 Baths Model at 2820-2822 Kingman Blvd in the in the Drake Park neighborhood starting from $745. The second greatest value Drake apartment is the 1 BR Model at Forest Ave Townhomes starting at $1,075 with a $1.59 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. |
|---|---|---|---|
| 2820-2822 Kingman Blvd | 1 Beds, 1 Baths | 1BR,1BA | $0.99 |
| Forest Ave Townhomes | 1 BR | 1BR,1BA | $1.59 |
| The Drake | B2 | 2BR,1BA | $1.46 |
| 3420 Kingman Blvd, Unit B2 | 3420 Kingman Blvd | Studio ,1BA | $1.55 |
| Lofts on 34th | 0BR/1.0BA | Studio ,1BA | $1.99 |
| Forest Avenue Village | Studio | Studio ,1BA | $2.12 |
| 1123 24th | 0 Beds, 1 Baths | Studio ,1BA | $1.74 |
| Old Main & Drake Apartments | Studio | Studio ,1BA | $2.03 |
| Beaverdale Housing LLC | Studio | Studio ,1BA | $1.87 |
| Canary Lofts | Studio A | Studio ,1BA | $2.21 |
Frequently Asked Questions about Drake
What type of rentals are currently available in Drake?
There are currently 165 Apartments for Rent in Drake, IA with pricing that ranges from $695 to $1,981. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $625 to $1,995.
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 $625 to $1,995 with an average monthly rent of $1,255.
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.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.