1618 McIntosh St
Bowling GreenKY42104
Cheap Homes for Rent in Drake, KY from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Drake.
1709 McGregor Ct
Bowling GreenKY42104
5294 Bakers Springs St
Bowling GreenKY42101
5312 Bakers Spg St
Bowling GreenKY42101
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.
1721 Highland Way
Bowling GreenKY42104
361 Hillview Mls Blvd
Bowling GreenKY42101
109 Hillridge Ct
Bowling GreenKY42101
4496 Wilford Ln
Bowling GreenKY42101
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.
3209 Timbermill Ave
Bowling GreenKY42104
Showing Results 1-9, Page 1 of 1
Drake, KY Local Guide
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How much does it cost to rent a home in Drake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake 2 Bedroom Homes for Rent | $1,146 | $895 | $1,800 |
| Drake 3 Bedroom Homes for Rent | $1,762 | $1,350 | $2,500 |
| Drake 4 Bedroom Homes for Rent | $2,301 | $2,000 | $2,600 |
Browse Top Homes for Rent in Drake
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Drake, KY Local Guide
- Nearby Cities
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Cheapest Available Drake Apartments for Rent and Nearby
The cheapest available apartment rental in Drake, KY is a Studio unit found at CEDARGATE APARTMENTS priced from $655. Willow Creek Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $685. Here is today’s list of the most affordable Drake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CEDARGATE APARTMENTS | Studio 1 Bathroom | Studio,1BA | $655 |
| Willow Creek Apartments | Efficiency/Studio | Studio,1BA | $685 |
| River Woods Apartments | River Woods - 1/1 PROMO | 1BR,1BA | $700 |
Best Value Apartments for Rent in Drake, KY and Nearby
As of June 11, 2026 the best value apartment in the Drake area is the $1.00 price per square foot 2 Bedroom Model at Summerland Townhomes in the starting from $1,395. The second greatest value Drake apartment is the 3BED Model at Grove Park Apartments starting at $1,250 with a $1.00 price per square foot . 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. |
|---|---|---|---|
| Summerland Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Grove Park Apartments | 3BED | 3BR,2BA | $1.00 |
| Cumberland Trace Village Apartments | Moore | 2BR,2BA | $1.15 |
| Cave Mill | Meremac | 2BR,2BA | $1.04 |
| The Ridge at Walnut Valley | The Willow | 1BR,1BA | $1.00 |
| 5850 Otte Ct | 2 Bedroom | 2BR,2BA | $1.05 |
| Keystone Commons (SoKy Rentals) | 1 Bedroom | 1BR,1BA | $1.13 |
| Ashton Parc | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.12 |
| Lynnwood Apartments | 1BR/1.0BA | 1BR,1BA | $1.13 |
| River Woods Apartments | River Woods - 1/1 PROMO | 1BR,1BA | $0.98 |
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.
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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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See the most popular apartments and homes in Drake, KY
Frequently Asked Questions about Drake
What type of rentals are currently available in Drake?
There are currently 47 Apartments for Rent in Drake, KY with pricing that ranges from $590 to $2,650. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $895 to $2,600.
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 $895 to $2,600 with an average monthly rent of $1,736.
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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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.