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$888 - $2,113
Plus Fees12 Month Lease Term
1 to 4 Bedroom Apartments Available NowSpringfield Court Apartments
3851 S Taft Hill RdFort Collins, CO 80526
Cheap Apartments for Rent in Drake, CO from $800 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Drake.
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$1,150 - $1,400
Total Monthly Price12 Month Lease Term
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
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$1,150 - $1,400
Total Monthly Price
$1,150 - $1,400
Lincoln Hotel Apartments
365 N Lincoln AveLoveland, CO 80537
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$1,250 - $1,450
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilityLocust Park Apartments
2150 W 15th StLoveland, CO 80538
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$1,250 - $1,675
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowAutumn Lake
574 E 23rd StLoveland, CO 80538
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$1,300 - $1,750
Plus Fees
1 to 2 Bedroom Apartments Available Jun 16Gallery Flats
585 N Lincoln AveLoveland, CO 80537
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$1,320 - $1,818
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 10Ashley Estates
6403 Eden Garden DrLoveland, CO 80538
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$1,343 - $1,858
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowLakeview on the Rise
202 Stoney Brook RdFort Collins, CO 80525
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$1,404 - $2,259
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowBristol Pointe Apartments
1600 S Taft StLoveland, CO 80537
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$1,425 - $1,925
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowThompson Valley Apartments
1415-1485 10th St SWLoveland, CO 80537
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$1,449 - $2,279
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,399 - $2,229
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The Granary
156 W Fairway LnFort Collins, CO 80525
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$1,461 - $2,176
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,418 - $2,133
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Pinyon Pointe Apartments
451 14th St SELoveland, CO 80537
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$1,498 - $5,570
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Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,442 - $5,514
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Patina Flats at the Foundry Apartments
246 N Cleveland AveLoveland, CO 80537
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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$1,500 - $1,750
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1 to 2 Bedroom Apartments Available NowHeron Pointe Apartments
1120 W County Road 14Berthoud, CO 80513
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$1,500 - $1,900
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowWintergreen Apartments
6444 Eden Garden DrLoveland, CO 80538
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$1,505 - $1,825
Plus Fees11 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Buttes Apartments
1391 N Wilson AveLoveland, CO 80537
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$1,535 - $2,365
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available Jun 5Lincoln Place
325 E 5th StLoveland, CO 80537
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$1,550 - $1,935
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowVantage at Loveland
1430 S Tyler AveLoveland, CO 80537
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$1,597 - $1,742
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 10Total Monthly Price
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$1,580 - $1,725
Required Monthly Fees
$17
Total Monthly Price
$1,597 - $1,742
Woodlands
1025 Wakerobin LnFort Collins, CO 80526
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
1962.5 Pecan St
Fort CollinsCO80526
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1 Bedroom Apartments
10th Street Square Apartments
339-399 E 10th StLoveland, CO 80537
1428 S Dotsero Ave
LovelandCO80537
4838 Basswood Dr
LovelandCO80538
4838 Basswood Dr
LovelandCO80538
1925 Pecan St
Fort CollinsCO80526
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.
1433 Juliana Ct
LovelandCO80537
1624 Azalea Dr
Fort CollinsCO80526
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Drake, CO Local Guide
From high above Drake by Ed Ogle is licensed under CC BY 2.0
How much does it cost to rent an apartment in Drake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake Studio Apartments | $1,555 | $1,150 | $2,781 |
| Drake 1 Bedroom Apartments | $1,729 | $888 | $3,173 |
| Drake 2 Bedroom Apartments | $1,902 | $1,250 | $3,609 |
| Drake 3 Bedroom Apartments | $2,119 | $1,562 | $5,513 |
| Drake 4 Bedroom Apartments | $1,924 | $1,735 | $2,113 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Drake
See all Apartments in DrakeExplore Drake
Drake, CO Local Guide
- Nearby Cities
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Cheapest Available Drake Apartments for Rent and Nearby
The cheapest available apartment rental in Drake, CO is a Studio unit found at Lincoln Hotel Apartments in the Hunters Run neighborhood priced from $1,150. Autumn Lake in the Hunters Run neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here is today’s list of the most affordable Drake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Hotel Apartments | Studio | Studio,1BA | $1,150 |
| Autumn Lake | 2BD Apartment- TC | 2BR,1BA | $1,250 |
| Lakeview on the Rise | 1/1 | 1BR,1BA | $1,343 |
| Springfield Court Apartments | 2 bedroom | 2BR,1BA | $1,354 |
| Bristol Pointe Apartments | Sugarloaf | Studio,1BA | $1,404 |
Best Value Apartments for Rent in Drake, CO and Nearby
As of May 27, 2026 the best value apartment in the Drake area is the $1.51 price per square foot 3 BD Townhome -TC Model at Autumn Lake in the in the Hunters Run neighborhood starting from $1,675. The second greatest value Drake apartment is the Flatirons Model at PeakView by Horseshoe Lake Apartments starting at $1,950 with a $1.86 price per square foot in the Hunters Run 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. |
|---|---|---|---|
| Autumn Lake | 3 BD Townhome -TC | 3BR,1.5BA | $1.51 |
| PeakView by Horseshoe Lake Apartments | Flatirons | 2BR,2BA | $1.86 |
| Wintergreen Apartments | Unit 2.2Q | 2BR,2BA | $1.70 |
| Alder Square Townhomes | 2 Bedroom 2 Bath Townhome | 2BR,2BA | $1.64 |
| Lakemont Apartments | Remodeled 2bedroom, 1.5bathroom | 2BR,1.5BA | $1.70 |
| Stoneridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.79 |
| 1030-2601 Davidson Dr | 2 bedroom | 2BR,1BA | $1.84 |
| Springfield Court Apartments | 2 bedroom | 2BR,1BA | $1.50 |
| Lakeview on the Rise | 1/1 | 1BR,1BA | $1.57 |
| The Buttes Apartments | Scenic | 1BR,1BA | $1.86 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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See the most popular apartments and homes in Drake, CO
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 Lincoln Hotel Apartments listed at $1,150.
How much is rent for a Cheap One Bedroom Drake Apartment?
The lowest price for a Cheap One Bedroom Drake Apartment is $1,343 at Lakeview on the Rise.
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 $1,250 at Autumn Lake.
What is the most affordable Drake Three Bedroom Apartment?
The best deal on a cheap Drake Three Bedroom Apartment rental is at Springfield Court Apartments and starts from $1,562.
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 Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.