Updated 20 Hours Ago
Highlights
Pet Friendly
Location
3438 University Avenue #1, Des Moines, IA 50311, US|Drake
Tour 3438 University Avenue #1
Contact
Sheanah Wright
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Amenities for 3438 University Avenue #1, Drake
Apartment Amenities
| Air Conditioning | Ceiling Fan |
Building
| Cats OK | Controlled Access |
| Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
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About 3438 University Avenue #1
Sweet deal!
This listing is 24% below the median price for 2 bedroom apartments in Drake.
Spacious 2 bed, 1 bath apartment just walking distance from Drake University. This location can't get much better. Right off of the interstate, within walking distance to great food, boba, coffee, and the bus lines. This basement floor unit features LVP floors, ample cabinet and kitchen space, and the lower level keeps the unit cool throughout the summer. Ample square footage provides for a formal dining room and large living room. The 2nd smaller bedroom can get changed to an office space or sunroom. Notes: -Smoke Free Property -No Eviction Records from applicants. -No government assistance is accepted. -3x combined income necessary. -Minimum credit score of 600 required. -Electronic payment for rent only. No cash or money orders. What else you need to know: -Rent + additional charges: $60/mo for water/sewer/trash minimum + $40/mo internet -1-month security deposit is refundable when lease term ends if the unit is returned close to original move-in condition (normal wear and tear ok). -1-year lease preferable, but can work with a shorter-term for a rent premium (negotiable). -Parking available in a lot designated parking spot -Coin-operated Laundry in the building -Pets allowed. $30/dog. $25/cat. Max 2 pets/unit -Keyless entry installed for ease of access -FREE parking
Lease Terms
1 yearAddress details
| Neighborhood | Drake |
|---|---|
| Zip code | 50311 |
| Type | Apartment for rent |
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Rent trends in Drake
2-bedroom apartments at 3438 University Avenue #1 cost about 24% less than the average rent price for 2-bedroom apartments in Des Moines.
Median rents as of Jul 25 2026.
Drake
Des Moines
| Month | Median Rent |
|---|---|
| August 2024 | $1,193 |
| September 2024 | $1,196 |
| October 2024 | $1,191 |
| November 2024 | $1,187 |
| December 2024 | $1,195 |
| January 2025 | $1,192 |
| February 2025 | $1,170 |
| March 2025 | $1,124 |
| April 2025 | $1,098 |
| May 2025 | $1,127 |
| June 2025 | $1,072 |
| July 2025 | $1,012 |
| August 2025 | $1,041 |
| September 2025 | $1,041 |
| October 2025 | $1,039 |
| November 2025 | $1,024 |
| December 2025 | $1,042 |
| January 2026 | $1,022 |
| February 2026 | $1,033 |
| March 2026 | $1,048 |
| April 2026 | $1,076 |
| May 2026 | $1,092 |
| June 2026 | $1,085 |
| July 2026 | $1,091 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,165 |
| September 2024 | $1,274 |
| October 2024 | $1,290 |
| November 2024 | $1,159 |
| December 2024 | $1,192 |
| January 2025 | $1,118 |
| February 2025 | $1,127 |
| March 2025 | $1,095 |
| April 2025 | $975 |
| May 2025 | $954 |
| June 2025 | $930 |
| July 2025 | $950 |
| August 2025 | $950 |
| September 2025 | $920 |
| October 2025 | $892 |
| November 2025 | $935 |
| December 2025 | $947 |
| January 2026 | $974 |
| February 2026 | $1,007 |
| March 2026 | $995 |
| April 2026 | $969 |
| May 2026 | $986 |
| June 2026 | $1,016 |
| July 2026 | $1,058 |
Affordability calculator
Can I afford to live at 3438 University Avenue #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 2-bedrooms monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 7 years ago | $775 | 2 bed | 1 bath | ||
| 7 years ago | $775 | 2 bed | 1 bath | ||
| 7 years ago | $725 | 1 bed | 1 bath | ||
| 7 years ago | $725 | 1 bed | 1 bath | ||
| 7 years ago | $725 | 1 bed | 1 bath | ||
| 7 years ago | $775 | 2 bed | 1 bath | ||
| 7 years ago | $775 | 2 bed | 1 bath | ||
| 7 years ago | $775 | 2 bed | 1 bath | ||
| 7 years ago | $775 | 2 bed | 1 bath |
Schools near 3438 University Avenue #1
Ruby Van Meter
710 28th st
des moines, IA, 50312
K-12Public
Hubbell Elementary School
800 42nd st
des moines, IA, 50312
K-5Public
C+
Jessie Franklin Taylor Preschool
1801 16th st
des moines, IA, 50314
PKPublic
Mitchell Early Childhood Center
111 porter
des moines, IA, 50310
PKPublic
Woodlawn Early Childhood Center
4000 lower beaver rd
des moines, IA, 50310
PKPublic
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Internet available near 3438 University Avenue #1
Getting around Des Moines near 3438 University Avenue #1
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 3438 University Avenue #1, Des Moines
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
4/10
At least one elementary school within a 20-minute walk
High schools
4/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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