Cheap Apartments for Rent in the Drake Park Neighborhood of Des Moines, IA from $500 (168 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Drake Park area of Des Moines.

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Drake Park, Des Moines, IA Local Guide

Cheapest Available Drake Park Apartments for Rent

 

The cheapest available apartment rental in the Drake Park area of Des Moines, IA is a Studio unit found at Village Green priced from $600. Ingersoll Park Studios has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Drake Park apartments for rent in Des Moines, IA:

Apartment ListingModel NameBed/BathPriced From
Village GreenStudioStudio,1BA$600
Ingersoll Park Studios0BR/1.0BAStudio,1BA$625
Ingersoll Park Studio Apartments 3607StudioStudio,1BA$675
Lenox PropertiesDrake1BR,1BA$695
Welcome to 2800 30th St.1BR/1.0BA1BR,1BA$695
Hampton House ApartmentsStudioStudio,1BA$699
Beaverdale Housing LLCStudioStudio,1BA$710
Oakview TerraceStudioStudio,1BA$710
Windsor Terrace ApartmentsStudioStudio,1BA$725
East Village SquareStudio 390-392Studio,1BA$725

Best Value Apartments for Rent in Drake Park, IA

As of May 10, 2025 the best value apartment in the Drake Park area is the $1.00 price per square foot Model A Model at The Elmhurst in the in the Downtown Des Moines neighborhood starting from $1,300. The second greatest value Drake Park apartment is the 935 E 7th St Model at 935 E 7th St, Unit 935 E 7th street Apt 2 starting at $950 with a $0.79 price per square foot in the Grandview College Area neighborhood. Here is today’s list of the best values for Drake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ElmhurstModel A2BR,2BA$1.00
935 E 7th St, Unit 935 E 7th street Apt 2935 E 7th St2BR,1BA$0.79
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
Hamilton Apartments1 Bed, 1 bath1BR,1BA$0.84
High Street BrickstoneTwo Bedroom2BR,2BA$1.02
The 4220 Grand ApartmentsTwo Bedroom Large2BR,1.5BA$0.93
The 31st Street ApartmentsOne Bedroom + Den1BR,1BA$1.07
Riverview Oaks Apartments2 Bedroom 1 Bathroom2BR,1BA$1.03
1818 Pleasant St, Unit 18181818 Pleasant St2BR,1BA$1.06
Welcome to 2800 30th St.1BR/1.0BA1BR,1BA$1.07

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals in cities and towns across the United States, including Des Moines. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Drake Park Neighborhood in Des Moines, IA

Walk Score®

81 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

42 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Drake Park Apartments

What is a cheap apartment in Drake Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Drake Park is under $725.

What is the price of a cheap apartment in Drake Park?

The cheapest apartment in Drake Park is Welcome to 2800 30th St. which is listed at $695, while the average apartment in Drake Park costs $1,855.

What types of apartments are the cheapest in Drake Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 80 regular apartments in Drake Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Drake Park?

Cheap apartments in Drake Park have an average cost of $166 which is $1,689 cheaper than the average rent for all rentals in Drake Park.

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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