
Cheap Homes for Rent near Drake, ND from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Drake.


1015 27th St SE

215 Hancock Way
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1024 N 14th St

707 Eastgate Dr SE

711 Eastgate Dr SE
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

509 4th St SW
Drake, ND Local Guide

How much does it cost to rent a home in Drake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake 2 Bedroom Homes for Rent | $1,441 | $815 | $2,300 |
| Drake 3 Bedroom Homes for Rent | $1,814 | $1,000 | $2,500 |
| Drake 4 Bedroom Homes for Rent | $2,006 | $1,495 | $2,395 |
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Drake, ND Local Guide
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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. 100 1st Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here is today’s list of the most affordable Drake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Parker | Studio, 1 bath | Studio,1BA | $500 |
| 100 1st Ave | Dupe 1 BR | 2BR,1BA | $800 |
| Summit Park | 2 Bed / 1 Bath 620 sq ft | 2BR,1BA | $802 |
Best Value Apartments for Rent in Drake, ND and Nearby
As of July 31, 2026 the best value apartment in the Drake area is the $1.48 price per square foot 2 Bed / 3 Bath w/Loft 2,542 sq. ft. Prairie Rose Model at Legacy Homes at Coulee Ridge in the in the East Bismarck neighborhood starting from $3,771. The second greatest value Drake apartment is the 2 Bed 2 Bath Model at Coulee Ridge Twin Homes starting at $2,981 with a $1.78 price per square foot in the East Bismarck 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. |
|---|---|---|---|
| Legacy Homes at Coulee Ridge | 2 Bed / 3 Bath w/Loft 2,542 sq. ft. Prairie Rose | 2BR,3BA | $1.48 |
| Coulee Ridge Twin Homes | 2 Bed 2 Bath | 2BR,2BA | $1.78 |
| Meadow Ridge | 2BED/2BATH/1CAR-CORP-2ND FLOOR | 2BR,2BA | $1.78 |
| South Pointe | Willow | 2BR,2BA | $1.08 |
| Westridge Apartments | 2 Bed / 1 Bath Remodeled | 2BR,1BA | $0.97 |
| Legacy Heights Apartment Homes | A1 | 1BR,1BA | $1.63 |
| Dakota Ridge | 2 Bed / 1.5 Bath | 2BR,1.5BA | $1.22 |
| Summit Park | 2 Bed / 1 Bath 620 sq ft Balcony | 2BR,1BA | $1.39 |
| Minot Place Apartments | Studio | Studio ,1BA | $1.53 |
| The Parker | Studio, 1 bath | Studio ,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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Drake, ND
Frequently Asked Questions about Drake
What type of rentals are currently available in Drake?
There are currently 40 Apartments for Rent in Drake, ND with pricing that ranges from $500 to $5,651. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $650 to $2,500.
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 $650 to $2,500 with an average monthly rent of $1,569.
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 $1,045 to $4,904, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $3,151.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.