Cheap Apartments for Rent in Drake, KY from $500 (22 Rentals)

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

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CEDARGATE APARTMENTS
Studio to 2 Bedroom Apartments

CEDARGATE APARTMENTS

2700-2701 N Mill AveBowling Green, KY 42104
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Jackson's Landing
1 Bedroom Apartments

Jackson's Landing

1015 Shive LnBowling Green, KY 42103
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Moss View
1 to 2 Bedroom Apartments

Moss View

240 Moss View StBowling Green, KY 42101
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Cherry Farms
1 to 3 Bedroom Apartments

Cherry Farms

268 Cherry Farm LnBowling Green, KY 42103
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Drake, KY Local Guide

Cheapest Available Drake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Drake, KY is a 1 Bed unit found at Walnut Forest Apartments priced from $590. CEDARGATE APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $720. Here is today’s list of the most affordable Drake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Walnut Forest Apartments1 Bed, 1 bath1BR,1BA$590
CEDARGATE APARTMENTS1 Bedroom 1 Bathroom1BR,1BA$720
River Woods Apartments?River Woods - Promo - 2/12BR,1BA$775
Cameron Park Apartments1 Bed, 1 bath1BR,1BA$815
Ashton Parc1 Bedroom1BR,1BA$822

Best Value Apartments for Rent in Drake, KY and Nearby

As of September 15, 2025 the best value apartment in the Drake area is the $1.02 price per square foot 3 Bedroom Model at Summerland Townhomes in the starting from $1,450. The second greatest value Drake apartment is the The Moore - 2X2 Model at Cumberland Trace Village starting at $1,225 with a $1.02 price per square foot . 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.
Summerland Townhomes3 Bedroom3BR,2.5BA$1.02
Cumberland Trace VillageThe Moore - 2X22BR,2BA$1.02
Willow Creek Apartments2 Bedroom Townhouse2BR,2.5BA$0.85
River Woods ApartmentsRiver Woods - 3/23BR,2BA$0.90
The Southern2BR/2.0BA2BR,2BA$1.11
The Ridge at Walnut ValleyThe Walnut2BR,2BA$1.03
Bakers Springs2 Bed/2 Baths2BR,2BA$1.05
Keystone CommonsDowsntairs 2 Bedroom2BR,2BA$1.02
Ashton Parc1 Bedroom1BR,1BA$1.03
Walnut Forest Apartments1 Bed, 1 bath1BR,1BA$1.04

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Pet Friendly Lifestyle
Drake, KY

Ranked #323

Among cities in Kentucky for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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Frequently Asked Questions about Cheap Drake Apartments

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

The lowest price for a Cheap One Bedroom Drake Apartment is $590 at Walnut Forest Apartments.

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 $640 at Walnut Forest Apartments.

What is the most affordable Drake Three Bedroom Apartment?

The best deal on a cheap Drake Three Bedroom Apartment rental is at Walnut Forest Apartments and starts from $700.

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 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.

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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.

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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.

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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.