1962.5 Pecan St
Fort CollinsCO80526
Cheap Homes for Rent in Drake, CO from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Drake.
1428 S Dotsero Ave
LovelandCO80537
4838 Basswood Dr
LovelandCO80538
4838 Basswood Dr
LovelandCO80538
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
1804 Lily Pl
LovelandCO80537
1925 Pecan St
Fort CollinsCO80526
1433 Juliana Ct
LovelandCO80537
1624 Azalea Dr
Fort CollinsCO80526
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.
1628 Azalea Dr
Fort CollinsCO80526
Showing Results 1-9, Page 1 of 1
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 | $1,629 | $1,200 | $2,000 |
| Drake 3 Bedroom Homes for Rent | $2,444 | $1,550 | $3,700 |
| Drake 4 Bedroom Homes for Rent | $2,992 | $2,495 | $4,200 |
| Drake 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Drake
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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 Studio unit found at Lincoln Hotel Apartments in the Hunters Run neighborhood priced from $1,075. Autumn Lake in the Hunters Run neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here is today’s list of the most affordable Drake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lincoln Hotel Apartments | Studio | Studio,1BA | $1,075 |
| Autumn Lake | 2BD Apartment- TC | 2BR,1BA | $1,250 |
| Springfield Court Apartments | 2 bedroom | 2BR,1BA | $1,354 |
Best Value Apartments for Rent in Drake, CO and Nearby
As of June 08, 2026 the best value apartment in the Drake area is the $1.37 price per square foot 2/2 Model at Lakeview on the Rise in the starting from $1,608. The second greatest value Drake apartment is the 3 BD Townhome -TC Model at Autumn Lake starting at $1,675 with a $1.51 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 | 2/2 | 2BR,2BA | $1.37 |
| Autumn Lake | 3 BD Townhome -TC | 3BR,1.5BA | $1.51 |
| The Buttes Apartments | Viewpoint | 2BR,2BA | $1.49 |
| Rams Park Apartments | 3 bed 2 bath | 3BR,2BA | $2.00 |
| Wintergreen Apartments | Unit 2.2Q | 2BR,2BA | $1.70 |
| Lakemont Apartments | Remodeled 2bedroom, 1.5bathroom | 2BR,1.5BA | $1.70 |
| Stoneridge Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.86 |
| 1030-2601 Davidson Dr | 2 bedroom | 2BR,1BA | $1.84 |
| Springfield Court Apartments | 2 bedroom | 2BR,1BA | $1.50 |
| Habitat at Fort Collins | Columbine | 2BR,1BA | $2.01 |
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
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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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 44 Apartments for Rent in Drake, CO with pricing that ranges from $1,075 to $5,490. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $1,200 to $4,200.
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 $1,200 to $4,200 with an average monthly rent of $2,616.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.