3508 Chestnut Ave
LovelandCO80538
Cheap Homes for Rent in Drake, CO from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Drake.
2823 Gateway Dr
LovelandCO80537
770 Douglas Ave
LovelandCO80537
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.
1012 N Van Buren Ave
LovelandCO80537
2897 Greenland 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.
1707 Palm 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 a home in Drake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake 2 Bedroom Homes for Rent | $1,623 | $1,300 | $1,850 |
| Drake 3 Bedroom Homes for Rent | $2,413 | $1,695 | $3,150 |
| Drake 4 Bedroom Homes for Rent | $3,119 | $2,500 | $4,800 |
| Drake 5 Bedroom Homes for Rent | $2,864 | $2,800 | $2,899 |
| Drake 6 Bedroom Homes for Rent | $2,850 | $2,850 | $2,850 |
Browse Top Homes for Rent in Drake
Explore 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 Autumn Lake in the Hunters Run neighborhood priced from $1,225. Lakeview on the Rise has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,305. Here is today’s list of the most affordable Drake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Autumn Lake | 1 BD Apartment - TC | 1BR,1BA | $1,225 |
| Lakeview on the Rise | One Bedroom | 1BR,1BA | $1,305 |
| Patina Flats at the Foundry Apartments | Julian | Studio,1BA | $1,385 |
Best Value Apartments for Rent in Drake, CO and Nearby
As of September 15, 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 Unit 2.2P Model at Wintergreen Apartments starting at $1,900 with a $1.62 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. |
|---|---|---|---|
| Thompson Valley Apartments | Unit 3C | 3BR,2BA | $1.53 |
| Wintergreen Apartments | Unit 2.2P | 2BR,2BA | $1.62 |
| Springfield Court Apartments | 3 Bedroom | 3BR,1.5BA | $1.35 |
| Ridgeview Apartments | Unit 3O | 3BR,2BA | $1.70 |
| PeakView by Horseshoe Lake Apartments | Telluride | 2BR,1BA | $1.73 |
| Lakeview on the Rise | One Bedroom | 1BR,1BA | $1.53 |
| Pinyon Pointe Apartments | Spruce | 1BR,1BA | $2.00 |
| Bristol Pointe Apartments | Horsetooth | 1BR,1BA | $1.99 |
| Lakemont Apartments | 1 Bd 1 Ba Garden Level | 1BR,1BA | $1.97 |
| Autumn Lake | 1 BD Apartment - TC | 1BR,1BA | $2.06 |
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See the most popular apartments and homes in Drake, CO
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 $4,134. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $600 to $4,800.
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 $600 to $4,800 with an average monthly rent of $2,258.
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 $4,134, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,150. Four Bedroom Single-Family rentals are also available starting from $2,500 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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.