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from $700Studio to 1 Bedroom Apartments Available Now
3309 University Ave
3309 University AveDes Moines, IA 50311
Cheap Apartments for Rent in the Drake Neighborhood of Des Moines, IA from $500 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Drake area of Des Moines.
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from $710Studio to 2 Bedroom Apartments Available Now
Beaverdale Housing LLC
1417 Beaver AveDes Moines, IA 50311
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from $7301 to 4 Bedroom Apartments Available Now
The Drake
1260 34th StDes Moines, IA 50311
1111 27th St
Des MoinesIA50311
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from $780Studio to 2 Bedroom Apartments Available Now
Imperial Grand Prix
3407 Grand AveDes Moines, IA 50312
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from $785Studio to 2 Bedroom Apartments Available May 24
Old Main & Drake Apartments
1217 24th StDes Moines, IA 50311
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from $835Studio to 3 Bedroom Apartments Available Now
3000 Grand Apartments
3000 Grand AveDes Moines, IA 50312
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from $850Studio to 3 Bedroom Apartments Available Now
Lofts on 34th
1219 34th StDes Moines, IA 50311
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from $850Studio to 3 Bedroom Apartments Available Now
Forest Avenue Village
3201 Forest AveDes Moines, IA 50311
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from $864Studio to 2 Bedroom Apartments Available Now
Rowat Lofts
601 E Vine StDes Moines, IA 50309
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from $8651 Bedroom Apartments Available Apr 15
Franklin Court Apartments
4925 Franklin AveDes Moines, IA 50310
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from $890Studio to 2 Bedroom Apartments Available Now
Canary Lofts
2530 University AveDes Moines, IA 50311
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from $9001 to 2 Bedroom Apartments Available Now
University Place Lofts
2328 University AveDes Moines, IA 50311
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from $9002 to 3 Bedroom Apartments Available Now
2813 Cottage Grove Ave
2813 Cottage Grove AveDes Moines, IA 50311
4009 University Ave
Des MoinesIA50311
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from $950Studio to 3 Bedroom Apartments Available Now
Cityville
550 SW 9th StDes Moines, IA 50309
4010 University
Des MoinesIA50311
1217 24th St
Des MoinesIA50311
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from $995Studio to 2 Bedroom Apartments Available Now
Ingersoll Square Lofts
1900-2005 High StDes Moines, IA 50309
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Showing Results 1-35, Page 1 of 1
Drake, Des Moines, IA Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Drake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drake Studio Apartments | $1,135 | $700 | $1,902 |
| Drake 1 Bedroom Apartments | $1,523 | $730 | $1,913 |
| Drake 2 Bedroom Apartments | $1,793 | $825 | $2,656 |
| Drake 3 Bedroom Apartments | $2,058 | $1,100 | $2,871 |
| Drake 4 Bedroom Apartments | $1,487 | $1,420 | $1,555 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Drake Neighborhood of Des Moines, IA.
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Cheapest Available Drake Apartments for Rent
The cheapest available apartment rental in the Drake area of Des Moines, IA is a Studio unit found at 3309 University Ave priced from $700. Beaverdale Housing LLC has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here are the most affordable Drake apartments for rent in Des Moines, IA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3309 University Ave | 0BR/1.0BA | Studio,1BA | $700 |
| Beaverdale Housing LLC | Studio | Studio,1BA | $710 |
| The Drake | 1 Bedroom 1 Bathroom | 1BR,1BA | $730 |
| 3000 Grand Apartments | Studio | 1 Bath | Studio,1BA | $835 |
| Forest Avenue Village | 0BR/1.0BA | Studio,1BA | $850 |
| Lofts on 34th | 0BR/1.0BA | Studio,1BA | $850 |
| Rowat Lofts | S3 - Slate | Studio,1BA | $864 |
| Soll | S1 - Do | Studio,1BA | $883 |
| Canary Lofts | S1 - Studio A | Studio,1BA | $890 |
| 2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $900 |
Best Value Apartments for Rent in Drake, IA
As of April 14, 2025 the best value apartment in the Drake area is the $0.82 price per square foot 2 bed Model at 2813 Cottage Grove Ave in the in the Drake Park neighborhood starting from $900. The second greatest value Drake apartment is the 1201 34th St Model at 1201 34th St starting at $1,275 with a $1.16 price per square foot in the Merle Hay 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. |
|---|---|---|---|
| 2813 Cottage Grove Ave | 2 bed | 2BR,1BA | $0.82 |
| 1201 34th St | 1201 34th St | 2BR,1BA | $1.16 |
| High Street Lofts | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.87 |
| Vue | A2 | 1BR,1BA | $1.71 |
| Imperial Grand Prix | Grand Prix 1 Bedroom | 1BR,1BA | $1.31 |
| Ingersoll Square Lofts | Phase II A5 | 1BR,1BA | $1.81 |
| The Drake | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.17 |
| 3000 Grand Apartments | Studio | 1 Bath | Studio ,1BA | $1.44 |
| 3309 University Ave | 0BR/1.0BA | Studio ,1BA | $1.47 |
| Beaverdale Housing LLC | Studio | Studio ,1BA | $1.87 |
Getting Around the Drake Neighborhood in Des Moines, IA
Walk Score®
71 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
52 / 100
Bikeable
Some bike infrastructure
Transit Score®
38 / 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 Apartments
What is the Cheapest Studio apartment in Drake?
Currently the most affordable Cheap Studio Apartment in Drake is at 3309 University Ave listed at $700.
How much is rent for a Cheap One Bedroom Drake Apartment?
The lowest price for a Cheap One Bedroom Drake Apartment is $730 at The Drake.
What is the lowest price for a Cheap Two Bedroom Drake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Drake is starting from $825 at The Drake.
What is the most affordable Drake Three Bedroom Apartment?
The best deal on a cheap Drake Three Bedroom Apartment rental is at 2813 Cottage Grove Ave 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.
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.
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.