Cheap Apartments for Rent in Drake, ND from $500 (41 Rentals)

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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.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Park Place North
2 to 3 Bedroom Apartments

Park Place North

300 27th Ave NWMinot, ND 58703

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Maverick
Studio to 3 Bedroom Apartments

Maverick

2330 SW 37th AveMinot, ND 58701
Corporate Housing
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Apartments on Adams
1 Bedroom Apartments

Apartments on Adams

812 Adams AveHarvey, ND 58341
Corporate Housing
  • Utilities Included
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Ruso Apartments
Studio to 2 Bedroom Apartments

Ruso Apartments

100 N Main StRuso, ND 58778

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-41, Page 1 of 1

Drake, ND Local Guide

Cheapest Available Drake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Drake, ND is a Studio unit found at The Parker in the Downtown Minot neighborhood priced from $500. South Glen Village in the Downtown Minot neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $613. Here is today’s list of the most affordable Drake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The ParkerStudio, 1 bathStudio,1BA$500
South Glen Village3 Bed 2 Bath3BR,2BA$613
Summit Park1 Bed / 1 Bath 520 sq ft1BR,1BA$785
100 1st AveDupe 1 BR2BR,1BA$800
Kenwood on 5th Apartments2 Bed 1 Bath | 936sf2BR,1BA$925
The Pines on 37th1 Bed - Corner1BR,1BA$1,005
Encore Apartments1 Bed / 1 Bath 766 sq ft1BR,1BA$1,095
Legacy Heights Apartment HomesS1Studio,1BA$1,180
South PointeSpruce3BR,2BA$1,295
The PlazaGrackle3BR,2BA$1,499

Best Value Apartments for Rent in Drake, ND and Nearby

As of March 06, 2026 the best value apartment in the Drake area is the $1.71 price per square foot 2 Bed / 2.5 Bath 1,785 sq. ft. Ash Model at Legacy Homes at Coulee Ridge in the in the East Bismarck neighborhood starting from $3,050. The second greatest value Drake apartment is the Villa Model at North Highlands Apartments and Villas starting at $1,955 with a $1.26 price per square foot in the Eastwood Park neighborhood. 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.
Legacy Homes at Coulee Ridge2 Bed / 2.5 Bath 1,785 sq. ft. Ash2BR,2.5BA$1.71
North Highlands Apartments and VillasVilla3BR,2.5BA$1.26
The PlazaGrackle3BR,2BA$1.05
South PointeSpruce3BR,2BA$0.95
South Glen Village3 Bed 2 Bath3BR,2BA$0.55
The Pines on 37th1 Bed - Corner1BR,1BA$1.03
Kenwood on 5th Apartments2 Bed 1 Bath | 936sf2BR,1BA$0.99
Encore Apartments1 Bed / 1 Bath 766 sq ft1BR,1BA$1.43
Summit Park1 Bed / 1 Bath 520 sq ft1BR,1BA$1.51
The ParkerStudio, 1 bathStudio ,1BA$1.39

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.

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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.

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Cash 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.

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Quick 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, ND Rentals by Map

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See the most popular apartments and homes in Drake, ND

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Frequently Asked Questions about Cheap Drake Apartments

What is the Cheapest Studio apartment in Drake?

Currently the most affordable Cheap Studio Apartment in Drake is at The Parker listed at $500.

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

The lowest price for a Cheap One Bedroom Drake Apartment is $785 at Summit Park.

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 $800 at 100 1st Ave.

What is the most affordable Drake Three Bedroom Apartment?

The best deal on a cheap Drake Three Bedroom Apartment rental is at South Glen Village and starts from $613.

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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.