Apartments For Rent in Drake, CO

5 rentals

Apartments For Rent Near Drake, CO

We found 30 more apartments matching your filters just outside Drake

What Locals Say about Drake

  • Unspecified
    "Been here 19 years. Dogs got attacked by Mountain Lion this last year so I am ready to move somewhere less risky. Bears, Cougars, forest fires, floods, we have seen it all. Three evacuations, and the possibility of another at any moment whether it’s another forest fire or a catastrophic flood that cuts off access for months, this is not a place where people should try to live. It’s a place you go for the weekend to stay in your million dollar cabin. "
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  • Jon W.
    "Great location for out recreation. Plenty of hiking and fishing around property. Rocky Mountain National Park within 10 miles"
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  • Lynne
    "This is a wonderful, family friendly neighborhood with Christmas parties, it's own 4th of July Parade and people who help each other. The views of the surrounding mountains, the hiking, biking, hunting and fishing areas are a plus for any outdoorsman."
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  • cleansweep10
    "This is a wonderful community. Friendly people and lots of community events."
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Average Rent Trends in Drake, CO

Rent in Drake, CO varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jun 2025$3,150
Jul 2025$5,000
Aug 2025$3,150
Sep 2025$3,100
Oct 2025$2,963
Nov 2025$2,500
Dec 2025$1,700
Jan 2026$2,250
Feb 2026$2,500
Mar 2026$2,899
Apr 2026$2,500
May 2026$2,500
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,400$3,895$3,199$21,372$2,500
Apartments and Condos$1,467$3,682——$1,467
Houses—$2,500$3,199$21,372$2,500
See more information about local market trends in Drake, CO

Frequently Asked Questions about Rentals in Drake, CO

  • What is the average rent in Drake, CO?
    The average rent in Drake, CO is $2,500. Rent prices range from $1,400 to as much as $5,900, depending on the type of rental.
  • How does the rent in Drake, CO compare to the national average?
    Average rent in Drake, CO is about 31% higher than the national average rent of $1,910. That means it is more expensive to rent in Drake compared to the U.S. average.
  • What is the average rent in Drake, CO, by number of bedrooms?
    The average rent in Drake, CO is $ for a studio, $1,400 for a 1 bedroom, $2,500 for a 2 bedroom, $3,199 for a 3 bedroom, and $ for a 4 bedroom.
  • How many available rental listings are in Drake, CO?
    There are 5 available rental listings in Drake, CO.
  • What are some zip codes in Drake, CO?
    Drake, CO includes zip codes such as: 80532.
  • What are some cities near Drake, CO?
    Some nearby cities include: Loveland, Estes Park, Lyons, Berthoud, Allenspark. These cities may have more rental options to explore.