
Cheap Apartments for Rent in Drake, CO from $800 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Drake.


Autumn Lake

Ashley Estates

10th Street Square Apartments

Lincoln Place
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Pinyon Pointe Apartments

Gallery Flats

Lakeview on the Rise

Patina Flats at the Foundry Apartments

Bristol Pointe Apartments
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.

Locust Park Apartments

Habitat at Fort Collins

1030-2601 Davidson Dr

770 Douglas Ave
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.

1012 N Van Buren Ave

1125 Gard Pl
Drake, CO Local Guide

How much does it cost to rent an apartment in Drake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake Studio Apartments | $1,545 | $1,305 | $2,598 |
| Drake 1 Bedroom Apartments | $1,646 | $880 | $2,792 |
| Drake 2 Bedroom Apartments | $1,848 | $1,342 | $3,483 |
| Drake 3 Bedroom Apartments | $2,099 | $1,548 | $3,787 |
| Drake 4 Bedroom Apartments | $1,891 | $1,723 | $2,093 |
Browse Top Apartments in Drake
See all Apartments in DrakeExplore Drake
Drake, CO Local Guide
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Cheapest Available Drake Apartments for Rent and Nearby
 The cheapest available apartment rental in Drake, CO is a 1 Bed unit found at Springfield Court Apartments in the Troutman Park neighborhood priced from $880. Autumn Lake in the Hunters Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here is today’s list of the most affordable Drake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Springfield Court Apartments | 1 Bedroom | 1BR,1BA | $880 |
| Autumn Lake | 1 BD Apartment - TC | 1BR,1BA | $1,225 |
| 10th Street Square Apartments | 1B/1B | 1BR,1BA | $1,299 |
| Lincoln Place | Cassatt | Studio,1BA | $1,305 |
| Pinyon Pointe Apartments | Oak | Studio,1BA | $1,349 |
Best Value Apartments for Rent in Drake, CO and Nearby
As of October 29, 2025 the best value apartment in the Drake area is the $1.53 price per square foot Unit 3C Model at Thompson Valley Apartments in the in the Hunters Run neighborhood starting from $1,850. The second greatest value Drake apartment is the Two Bedroom Model at Lakeview on the Rise starting at $1,624 with a $1.38 price per square foot . 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. |
|---|---|---|---|
| Thompson Valley Apartments | Unit 3C | 3BR,2BA | $1.53 |
| Lakeview on the Rise | Two Bedroom | 2BR,2BA | $1.38 |
| Wintergreen Apartments | Unit 2.2P | 2BR,2BA | $1.62 |
| Alder Square Townhomes | 2 Bedroom 2 Bath Townhome | 2BR,2BA | $1.54 |
| Springfield Court Apartments | 2 bedroom | 2BR,1BA | $1.49 |
| Gallery Flats | 2/2 00-2 | 2BR,2BA | $1.85 |
| The Buttes Apartments | Scenic | 1BR,1BA | $1.85 |
| PeakView by Horseshoe Lake Apartments | Ajax | 1BR,1BA | $1.82 |
| Bristol Pointe Apartments | Horsetooth | 1BR,1BA | $1.99 |
| Lincoln Place | Cassatt | Studio ,1BA | $1.96 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Drake, CO Rentals by Map
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 Place listed at $1,305.
How much is rent for a Cheap One Bedroom Drake Apartment?
The lowest price for a Cheap One Bedroom Drake Apartment is $880 at Springfield Court Apartments.
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 $1,342 at Springfield Court Apartments.
What is the most affordable Drake Three Bedroom Apartment?
The best deal on a cheap Drake Three Bedroom Apartment rental is at Thompson Valley Apartments and starts from $1,850.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
