
Cheap Apartments for Rent in the Drake University Neighborhood of Des Moines, IA from $500 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in the Drake University area of Des Moines.


3309 University Ave

The Drake

Pleasant Court

Beaverdale Housing LLC

2915 Cottage Grove Ave, Unit 3

MLK Brickstone Apartments

Studios in historic neighborhood and buildng

1111 27th St

Old Main & Drake Apartments

Four Seasons Apartments

Forest Avenue Village

Newens Dairy Lofts

3000 Grand Apartments

Canary Lofts

Woodland Avenue Brickstone

Lofts on 34th

3721 Cottage Grove Ave, Unit 6

3120 Cottage Grove Ave, Unit 3

Imperial Grand Prix

1048 19th St

720 17th St

University Place Lofts

2813 Cottage Grove Ave

Cityville

University Village

1217 24th St

Des Moines Greystone Homes

The Parker @ Seventh

2118 Chautauqua Pky

Ingersoll Square Lofts

1040 22nd St
Drake University, Des Moines, IA Local Guide

How much does it cost to rent an apartment in Drake University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Drake University Studio Apartments | $1,053 | $550 | $1,765 |
Drake University 1 Bedroom Apartments | $1,425 | $680 | $2,054 |
Drake University 2 Bedroom Apartments | $1,749 | $825 | $3,532 |
Drake University 3 Bedroom Apartments | $1,897 | $1,100 | $2,871 |
Drake University 4 Bedroom Apartments | $1,022 | $965 | $1,080 |
Browse Apartments in this Neighborhood
There are currently 63 rentals with your search options within a 1 mile radius of the Drake University Neighborhood of Des Moines, IA.
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Drake University, Des Moines, IA Local Guide
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Cheapest Available Drake University Apartments for Rent
 The cheapest available apartment rental in the Drake University area of Des Moines, IA is a Studio unit found at Village Green priced from $600. Concord Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here are the most affordable Drake University apartments for rent in Des Moines, IA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Village Green | Studio | Studio,1BA | $600 |
Concord Apartments | Studio 5 | Studio,1BA | $625 |
The Drake | B3 | 1BR,1BA | $680 |
Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
1333 22nd Street | 1BR/1.0BA | 1BR,1BA | $725 |
MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $730 |
682 34th St | 1 Bedroom | 1BR,1BA | $750 |
Pleasant Court | 1 Bedroom | 1BR,1BA | $799 |
Grove at Hickman | 0X1 | Studio,1BA | $825 |
Best Value Apartments for Rent in Drake University, IA
As of March 05, 2025 the best value apartment in the Drake University area is the $1.12 price per square foot B2 Model at Matilda 235 Townhomes in the in the Downtown Des Moines neighborhood starting from $2,395. The second greatest value Drake University apartment is the Model A Model at The Elmhurst starting at $1,300 with a $1.00 price per square foot in the Downtown Des Moines neighborhood. Here is today’s list of the best values for Drake University apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Matilda 235 Townhomes | B2 | 2BR,2.5BA | $1.12 |
The Elmhurst | Model A | 2BR,2BA | $1.00 |
2813 Cottage Grove Ave | 3 bed | 3BR,1BA | $1.00 |
Woodland Avenue Brickstone | 2x1 850 | 2BR,1BA | $1.30 |
3120 Cottage Grove Ave, Unit 3 | 3120 Cottage Grove Ave | 2BR,1BA | $0.94 |
3721 Cottage Grove Ave, Unit 6 | 3721 Cottage Grove Ave | 1BR,1BA | $1.21 |
MLK Brickstone Apartments | One Bedroom | 1BR,1BA | $1.12 |
Four Seasons Apartments | 1BR/1BA | 1BR,1BA | $1.30 |
718 18th St | 1 Bedroom 1 Bath | 1BR,1BA | $1.33 |
2915 Cottage Grove Ave, Unit 3 | 2915 Cottage Grove Ave | 1BR,1BA | $1.22 |
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Pet Friendly LifestyleDrake University, Des Moines, IA
Ranked #37
Among neighborhoods in Des Moines, IA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Drake University, Des Moines, and the greater Des Moines area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, family-friendly amenities, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Drake University Apartments
What is the Cheapest Studio apartment in Drake University?
Currently the most affordable Cheap Studio Apartment in Drake University is at Village Green listed at $600.
How much is rent for a Cheap One Bedroom Drake University Apartment?
The lowest price for a Cheap One Bedroom Drake University Apartment is $680 at The Drake.
What is the lowest price for a Cheap Two Bedroom Drake University Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Drake University is starting from $825 at The Drake.
What is the most affordable Drake University Three Bedroom Apartment?
The best deal on a cheap Drake University Three Bedroom Apartment rental is at Village Green and starts from $1,100.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.