Cheap Homes for Rent in Drake, CO from $600 (8 Rentals)

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Cheap Homes in Drake.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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
Autumn Lake1 BD Apartment - TC1BR,1BA$1,300

Best Value Apartments for Rent in Drake, CO and Nearby

As of May 06, 2025 the best value apartment in the Drake area is the $1.42 price per square foot Lower Antero Model at Heron Pointe Apartments in the in the Cattail Pond neighborhood starting from $1,650. The second greatest value Drake apartment is the Longs Peak Model at Bristol Pointe Apartments starting at $1,699 with a $1.57 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Heron Pointe ApartmentsLower Antero2BR,2BA$1.42
Bristol Pointe ApartmentsLongs Peak2BR,2BA$1.57
PeakView by Horseshoe Lake ApartmentsFlatirons2BR,2BA$1.62
Wintergreen ApartmentsUnit 2.2Q2BR,2BA$1.70
Alder Square Townhomes2 Bedroom 2 Bath Townhome2BR,2BA$1.60
Springfield Court Apartments2 bedroom2BR,1BA$1.49
Woodlands2x12BR,1BA$1.76
The Buttes ApartmentsScenic1BR,1BA$1.89
Pinyon Pointe ApartmentsSpruce1BR,1BA$2.07
Lincoln PlaceMatisse1BR,1BA$1.94

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Frequently Asked Questions about Drake

What type of rentals are currently available in Drake?

There are currently 40 Apartments for Rent in Drake, CO with pricing that ranges from $880 to $5,000. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $650 to $17,500.

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 $650 to $17,500 with an average monthly rent of $2,444.

How much are larger Three and Four Bedroom Rentals in Drake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Drake range from $1,548 to $3,470, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $17,500. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $1,723.

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 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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.