Apartments for Rent in Drake, Des Moines, IA

Drake, Des Moines apartment availability

Drake's rental market offers a strong selection of listings, with an average of 72 rentals available each month in 2024. The neighborhood's inventory is comprised mainly of 1-bedroom and 2-bedroom apartments, with a smaller number of studios and 3-bedroom units. Many of these apartments cater to pet owners, with around 79% allowing pets, including small pets and cats. This makes Drake a great option for renters with furry friends. With its varied housing options and pet-friendly amenities, Drake is a popular choice for Des Moines renters.

Drake, Des Moines rental market trends

The Drake neighborhood in Des Moines saw a significant increase in rent prices last year, with an average monthly rent of $1,004, reflecting a 14.4% year-over-year increase. Breaking it down by bed count, 1-bedrooms averaged $841 per month, a 10.6% increase from the previous year. The average rent for 2-bedrooms was $1,172, with a notable 19.7% increase, while 3-bedrooms saw a substantial 62.2% increase, averaging $1,869 per month. Studios averaged $911 per month, with a 30.4% increase.

Rent prices in Drake tend to fluctuate throughout the year, with October typically seeing the highest rent prices, 21.9% higher than February, the month with the lowest rent. If you're looking for a new apartment, be prepared for more competition during the fall season. Conversely, if you're searching during the winter months, you may find relatively lower prices and less competition. February, in particular, may be a good time to find a new apartment, with lower rent prices compared to the rest of the year.

Why Drake, Des Moines is a great place to live

We've analyzed data from the last few years to understand what makes Drake, Des Moines, an attractive neighborhood for renters. Our findings suggest that Drake excels in catering to social lifestyles and pet-friendly living.

The neighborhood's vibrant social scene is supported by a variety of restaurants, convenient transit options, a strong safety record, well-maintained street infrastructure, and a high walk score. These factors combine to create an ideal environment for renters who value an active social life.

For pet owners, Drake offers a range of amenities, including designated pet waste areas, spacious accommodations for pets, pet-safe windows, access to pet hospitals, and outdoor spaces. The neighborhood also hosts pet-friendly events and has a no-breed restriction policy, making it an excellent choice for renters with pets. Overall, Drake is a great option for those seeking a lively social scene and a pet-friendly community.