1108 25th St
Des MoinesIA50311
Cheap Homes for Rent in Drake Neighborhood of Des Moines, IA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake area of Des Moines.
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$750Studio Apartments Available Now
1217 24th St
1217 24th StDes Moines, IA 50311
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$8952 Bedroom Apartments Available Now
4010 University
4010 UniversityDes 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.
1211 34th St
Des MoinesIA50311
1152 27th St
Des MoinesIA50311
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$1,1002 Bedroom Apartments Available Now
1217 24th St
1217 24th StDes 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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$1,2002 Bedroom Apartments Available Now
1148 36th St
1148 36th StDes Moines, IA 50311
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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 | $1,375 | $1,350 | $1,400 |
| Drake 3 Bedroom Homes for Rent | $1,508 | $1,095 | $1,950 |
| Drake 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
| Drake 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 $680. Beaverdale Housing LLC has the second lowest priced unit, which is a Studio apartment currently listed from $710. 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 | $680 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
| Old Main & Drake Apartments | Studio | Studio,1BA | $785 |
Best Value Apartments for Rent in Drake, IA
As of February 24, 2026 the best value apartment in the Drake area is the $1.60 price per square foot 3 Bedroom Model at Forest Avenue Village in the in the Northwest Des Moines neighborhood starting from $1,625. The second greatest value Drake apartment is the 1123 24th St Model at 1123 24th St, Unit 1 starting at $1,185 with a $1.39 price per square foot in the Drake Park 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. |
|---|---|---|---|
| Forest Avenue Village | 3 Bedroom | 3BR,2BA | $1.60 |
| 1123 24th St, Unit 1 | 1123 24th St | 3BR,1BA | $1.39 |
| Skyloft Apartments | 2BR/1.0BA | 2BR,1BA | $1.08 |
| Forest Ave - Luxury Off-Campus Housing! | 1 BR | 1BR,1BA | $1.67 |
| One Month Free - Immediate Move In! | 2BR/2.0BA | 2BR,2BA | $1.66 |
| The Drake | B2 | 2BR,1BA | $1.45 |
| 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 |
| 3721 Cottage Grove Ave, Unit 5 | 3721 Cottage Grove Ave | Studio ,1BA | $1.67 |
Frequently Asked Questions about Drake
What type of rentals are currently available in Drake?
There are currently 162 Apartments for Rent in Drake, IA with pricing that ranges from $500 to $2,714. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $750 to $2,300.
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 $750 to $2,300 with an average monthly rent of $1,609.
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.