Cheap Homes for Rent in Drake University Neighborhood of Des Moines, IA from $500 (2 Rentals)

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

property at 732 19th St

732 19th St

Des MoinesIA50314

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Drake University, Des Moines, IA Local Guide

Best Value Apartments for Rent in Drake University, IA

As of April 24, 2025 the best value apartment in the Drake University 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 University apartment is the 2 bed Model at 2813 Cottage Grove Ave starting at $900 with a $0.82 price per square foot in the Drake Park neighborhood. Here is today’s list of the best values for Drake University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The ElmhurstModel A2BR,2BA$1.00
2813 Cottage Grove Ave2 bed2BR,1BA$0.82
1201 34th St1201 34th St2BR,1BA$1.16
Woodland Avenue Brickstone2x1 8502BR,1BA$1.30
Pleasant Court2 Bedroom2BR,1BA$1.38
Imperial Grand PrixGrand Prix 1 Bedroom1BR,1BA$1.39
MLK Brickstone ApartmentsOne Bedroom1BR,1BA$1.12
The Drake1 Bedroom 1 Bathroom1BR,1BA$1.17
The Flats on 21st1 Bedroom1BR,1BA$1.33
2413 24th St2 Bedroom- 2411 24th2BR,1BA$1.25

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Frequently Asked Questions about Drake University

What type of rentals are currently available in Drake University?

There are currently 285 Apartments for Rent in Drake University, IA with pricing that ranges from $600 to $2,871. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake University ranging from $595 to $2,700.

What is the current price range for Rental Homes in Drake University?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Drake University ranges from $595 to $2,700 with an average monthly rent of $1,448.

How much are larger Three and Four Bedroom Rentals in Drake University?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Drake University range from $1,100 to $2,871, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,795. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $965.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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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.