Cheap Apartments for Rent in Drake, CO from $800 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in Drake.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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365 N Lincoln Ave
1 Bedroom Apartments

365 N Lincoln Ave

365 N Lincoln AveLoveland, CO 80537

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-18, Page 1 of 1

Drake, CO Local Guide

Cheapest Available Drake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Drake, CO is a 2 Beds unit found at 1030-2601 Davidson Dr in the West Central neighborhood priced from $1,100. 10th Street Square Apartments in the Hunters Run neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,249. Here is today’s list of the most affordable Drake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1030-2601 Davidson Dr2 bedroom2BR,1BA$1,100
10th Street Square Apartments1B/1B1BR,1BA$1,249
Lakeview on the RiseOne Bedroom1BR,1BA$1,255
Bristol Pointe ApartmentsSugarloafStudio,1BA$1,299
Autumn Lake1 BD Apartment - TC1BR,1BA$1,300

Best Value Apartments for Rent in Drake, CO and Nearby

As of June 01, 2025 the best value apartment in the Drake area is the $1.61 price per square foot Unit 2.2P Model at Ridgewood Hills Apartments in the starting from $1,895. The second greatest value Drake apartment is the Lower Antero Model at Heron Pointe Apartments starting at $1,650 with a $1.42 price per square foot in the Cattail Pond neighborhood. Here is today’s list of the best values for Drake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ridgewood Hills ApartmentsUnit 2.2P2BR,2BA$1.61
Heron Pointe ApartmentsLower Antero2BR,2BA$1.42
Alder Square Townhomes2 Bedroom 2 Bath Townhome2BR,2BA$1.60
The Seasons At Horsetooth CrossingSUMMER2BR,2BA$1.99
Pinyon Pointe ApartmentsAspen2BR,2BA$1.79
PeakView by Horseshoe Lake ApartmentsTelluride2BR,1BA$1.80
Springfield Court Apartments2 bedroom2BR,1BA$1.49
Lakeview on the RiseOne Bedroom1BR,1BA$1.47
The Buttes ApartmentsScenic1BR,1BA$1.89
Wintergreen ApartmentsUnit 1K1BR,1BA$1.90

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Drake, CO Rentals by Map

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See the most popular apartments and homes in Drake, CO

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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 Bristol Pointe Apartments listed at $1,299.

How much is rent for a Cheap One Bedroom Drake Apartment?

The lowest price for a Cheap One Bedroom Drake Apartment is $1,255 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 $1,100 at 1030-2601 Davidson Dr.

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 $1,548.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.