
Cheap Apartments for Rent in Drake, KY from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Drake.


Covington Station

Cameron Park Apartments

Ashton Parc

Cave Mill Apartments

Keystone Commons - SoKy Rentals

Lynnwood Apartments

The Southern

The Adler Apartment Homes

Ewing Point at Mount Victor

3219 Cave Springs Ave
Drake, KY Local Guide

How much does it cost to rent an apartment in Drake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Drake 1 Bedroom Apartments | $1,089 | $695 | $1,719 |
Drake 2 Bedroom Apartments | $1,206 | $610 | $2,089 |
Drake 3 Bedroom Apartments | $1,513 | $950 | $2,218 |
Drake 4 Bedroom Apartments | $430 | $430 | $430 |
Browse Top Apartments in Drake
See all Apartments in DrakeExplore Drake
Drake, KY Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Drake Apartments for Rent and Nearby
 The cheapest available apartment rental in Drake, KY is a 1 Bed unit found at River Woods Apartments priced from $695. Ashton Parc has the second lowest priced unit, which is a 1 Bed apartment currently listed from $806. Here is today’s list of the most affordable Drake apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
River Woods Apartments | 1 Bed / 1 Bath | 1BR,1BA | $695 |
Ashton Parc | 1 Bedroom | 1BR,1BA | $806 |
Keystone Commons - SoKy Rentals | 1 Bedroom | 1BR,1BA | $850 |
Lynnwood Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
Cameron Park Apartments | 2 Beds, 1 bath | 2BR,1BA | $875 |
Best Value Apartments for Rent in Drake, KY and Nearby
As of March 14, 2025 the best value apartment in the Drake area is the $0.92 price per square foot 3 Bed/2 bath Model at 529 Nutwood St in the in the Downtown Bowling Green neighborhood starting from $1,395. The second greatest value Drake apartment is the Cobblestone Model at Cave Mill Apartments starting at $1,200 with a $0.90 price per square foot . 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. |
---|---|---|---|
529 Nutwood St | 3 Bed/2 bath | 3BR,2BA | $0.92 |
Cave Mill Apartments | Cobblestone | 2BR,2.5BA | $0.90 |
The Ridge at Walnut Valley | The Walnut | 2BR,2BA | $0.98 |
Bakers Springs | 2 Bed/2 Baths | 2BR,2BA | $1.05 |
Keystone Commons - 2184 | Dowsntairs 2 Bedroom | 2BR,2BA | $1.02 |
5850 Otte Ct | 2 Bedroom | 2BR,2BA | $1.05 |
Crown, The | 2x2 | 2BR,2BA | $0.66 |
Cameron Park Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.97 |
Ashton Parc | 1 Bedroom | 1BR,1BA | $1.01 |
River Woods Apartments | 1 Bed / 1 Bath | 1BR,1BA | $0.97 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDrake, KY
Ranked #205
Among cities in Kentucky for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Drake, KY Rentals by Map
See the most popular apartments and homes in Drake, KY
Frequently Asked Questions about Cheap Drake Apartments
How much is rent for a Cheap One Bedroom Drake Apartment?
The lowest price for a Cheap One Bedroom Drake Apartment is $695 at River Woods Apartments.
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 $845 at Ashton Parc.
What is the most affordable Drake Three Bedroom Apartment?
The best deal on a cheap Drake Three Bedroom Apartment rental is at Cameron Park Apartments and starts from $970.
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.