3508 Chestnut Ave
LovelandCO80538
Cheap Homes for Rent in Drake, CO from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Drake.
770 Douglas Ave
LovelandCO80537
468 Snow Top Dr
DrakeCO80515
1012 N Van Buren Ave
LovelandCO80537
3005 Ross Dr
Fort CollinsCO80526
2897 Greenland Dr
LovelandCO80538
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.
1125 Gard Pl
LovelandCO80537
332 Terri Dr
LovelandCO80537
906 Hersinger Pl
LovelandCO80537
3617 Butternut Dr
LovelandCO80538
2980 Kincaid Dr
LovelandCO80538
1119 Winona Dr
LovelandCO80537
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.
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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 | $1,653 | $1,250 | $2,500 |
| Drake 3 Bedroom Homes for Rent | $2,409 | $1,550 | $3,700 |
| Drake 4 Bedroom Homes for Rent | $3,316 | $2,250 | $4,995 |
| Drake 5 Bedroom Homes for Rent | $2,647 | $2,495 | $2,800 |
| Drake 6 Bedroom Homes for Rent | $4,995 | $4,995 | $4,995 |
Browse Top Homes for Rent in Drake
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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 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 2 Beds apartment currently listed from $1,275. 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 | 2BD Apartment- TC | 2BR,1BA | $1,275 |
| Locust Park Apartments | 1 Bed 1 Bath + Bonus Space | 1BR,1BA | $1,375 |
| 1030-2601 Davidson Dr | 2 bedroom | 2BR,1BA | $1,395 |
| Pinyon Pointe Apartments | Poplar | Studio,1BA | $1,399 |
Best Value Apartments for Rent in Drake, CO and Nearby
As of December 26, 2025 the best value apartment in the Drake area is the $1.38 price per square foot Two Bedroom Model at Lakeview on the Rise in the starting from $1,624. The second greatest value Drake apartment is the Unit 3O Model at Ridgeview Apartments starting at $1,925 with a $1.70 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. |
|---|---|---|---|
| Lakeview on the Rise | Two Bedroom | 2BR,2BA | $1.38 |
| Ridgeview Apartments | Unit 3O | 3BR,2BA | $1.70 |
| Lincoln Place | Vermeer | 2BR,2BA | $1.50 |
| Autumn Lake | 3 BD Townhome -TC | 3BR,1.5BA | $1.51 |
| The Buttes Apartments | Viewpoint | 2BR,2BA | $1.38 |
| Alder Square Townhomes | 2 Bedroom 2 Bath Townhome | 2BR,2BA | $1.44 |
| Lakemont Apartments | Remodeled 2bedroom, 1.5bathroom | 2BR,1.5BA | $1.70 |
| Thompson Valley Apartments | Unit 2.1C | 2BR,1BA | $1.63 |
| Stoneridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.79 |
| Springfield Court Apartments | 2 bedroom | 2BR,1BA | $1.49 |
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.
Read Article
The 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 ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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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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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 Drake
What type of rentals are currently available in Drake?
There are currently 42 Apartments for Rent in Drake, CO with pricing that ranges from $880 to $3,742. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $675 to $4,995.
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 $675 to $4,995 with an average monthly rent of $2,465.
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 $3,742, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $1,723.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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!