
Cheap Homes for Rent in Drake Neighborhood of Des Moines, IA from $700 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Drake area of Des Moines.


1008 Kingman Cir, Unit 1010
Drake, Des Moines, IA Local Guide

How much does it cost to rent a home in Drake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Drake 2 Bedroom Homes for Rent | $1,297 | $1,195 | $1,400 |
Drake 3 Bedroom Homes for Rent | $1,572 | $1,350 | $1,795 |
Drake 4 Bedroom Homes for Rent | $2,350 | $1,850 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Drake Neighborhood of Des Moines, IA.
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Best Value Apartments for Rent in Drake, IA
As of April 11, 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 |
Vue | A2 | 1BR,1BA | $1.72 |
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 |
Franklin Court Apartments | COZY COTTAGE | 1BR,1BA | $1.73 |
Soll | S1 - Do | Studio ,1BA | $1.78 |
3309 University Ave | 0BR/1.0BA | Studio ,1BA | $1.47 |
Frequently Asked Questions about Drake
What type of rentals are currently available in Drake?
There are currently 169 Apartments for Rent in Drake, IA with pricing that ranges from $700 to $2,871. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drake ranging from $750 to $2,700.
What is the current price range for Rental Homes in Drake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Drake ranges from $750 to $2,700 with an average monthly rent of $1,492.
How much are larger Three and Four Bedroom Rentals in Drake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Drake 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 $1,850 and Four Bedroom Apartments start at $1,420.
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.