Cheap Apartments for Rent in Drakesville, IA from $400 (73 Rentals)

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

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.

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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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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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Nemitz Hall
$1,095
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Total Monthly Price

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$1,095
Total Monthly Price
$1,095
2 Bedroom Apartments Contact Us For Availability

Nemitz Hall

605 N Adams StMount Pleasant, IA 52641
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17 E Howard St
1 Bedroom Apartments

17 E Howard St

17 E Howard StColfax, IA 50054
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Louden Lofts
Studio to 3 Bedroom Apartments

Louden Lofts

607 W Broadway AveFairfield, IA 52556
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Chateau Apartments
1 to 2 Bedroom Apartments

Chateau Apartments

114 26th StFort Madison, IA 52627
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Newton Park Apartments
1 to 2 Bedroom Apartments

Newton Park Apartments

1425 N 11th Ave ENewton, IA 50208
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1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
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Keokuk Family Flats
1 to 3 Bedroom Apartments

Keokuk Family Flats

2812 Lincoln AveKeokuk, IA 52632
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501 S Osteopathy Ave
1 Bedroom Apartments

501 S Osteopathy Ave

501 S Osteopathy AveKirksville, MO 63501
Student Housing
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The Art of the Rental Viewing: What to look for during a property tour

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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Drakesville, IA Local Guide

Cheapest Available Drakesville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Drakesville, IA is a Studio unit found at Karlton Apartments priced from $415. Biston Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $445. Here is today’s list of the most affordable Drakesville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Karlton ApartmentsStudioStudio,1BA$415
Biston Apartments1 Bedroom1BR,1BA$445
Next Level Apartments - Easton VillageA11BR,1BA$695
MAPLE PLACE APARTMENTS2 Bed 1 Bath2BR,1BA$700
110 N Maple St2-bedroom2BR,1BA$700
Foxwood ApartmentsA11BR,1BA$712
Tisdale Apartments2 Bedroom2BR,1BA$720
Hotel Maytag Apartments1 bedroom A1BR,1BA$725
Orchard MeadowsB1 Classic2BR,1BA$750
Northern Plains by KadingCottage - 22BR,1BA$795

Best Value Apartments for Rent in Drakesville, IA and Nearby

As of May 24, 2026 the best value apartment in the Drakesville area is the $0.78 price per square foot 2 Bedroom 1 Bathroom - Large Model at THE ARBORS APARTMENTS in the in the East Gate Estates neighborhood starting from $859. The second greatest value Drakesville apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 price per square foot in the Somerset neighborhood. Here is today’s list of the best values for Drakesville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom - Large2BR,1BA$0.78
The Meadows3 Bedroom3BR,2BA$0.95
Orchard MeadowsB1 Partially Renovated2BR,1BA$0.91
Southtown ApartmentsB12BR,1BA$0.94
Northern Plains by KadingCottage - 22BR,1BA$0.94
SUNDANCE NEWTON APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
Hotel Maytag Apartments1 bedroom A1BR,1BA$0.90
110 N Maple St2-bedroom2BR,1BA$0.88
Biston Apartments1 Bedroom1BR,1BA$0.77
Karlton ApartmentsStudioStudio ,1BA$0.83

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

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Frequently Asked Questions about Cheap Drakesville Apartments

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

The lowest price for a Cheap One Bedroom Drakesville Apartment is $445 at Biston Apartments.

What is the lowest price for a Cheap Two Bedroom Drakesville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Drakesville is starting from $700 at MAPLE PLACE APARTMENTS.

What is the most affordable Drakesville Three Bedroom Apartment?

The best deal on a cheap Drakesville Three Bedroom Apartment rental is at Woodland Heights and starts from $820.

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.