Cheap Apartments for Rent in Drake, CO

6 rentals

Apartments For Rent Near Drake, CO

We found 30 more apartments matching your filters just outside Drake

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 decreased in Nov 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Dec 2025$1,700
Jan 2026$2,250
Feb 2026$2,500
Mar 2026$2,911
Apr 2026$2,500
May 2026$2,500
Jun 2026$2,500
Jul 2026$2,658
Aug 2026$2,645
Sep 2026$2,400
Oct 2026$2,559
Nov 2026$2,500
View as a graph

Average Rent By Bedroom and Home Type

In November 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
1 bed2 beds3 beds4 bedsAll
All home types—$2,559$3,000—$2,559
Apartments and Condos—$2,559——$2,559
Houses—$2,500$3,000—$2,500

Frequently Asked Questions about Rentals in Drake, CO

  • What is the average rent of an apartment in Drake, CO?
    The average rent of an apartment in Drake, CO is $2,559 per month. This is about 32% higher than the national average.
  • What are the cheapest months to find an apartment to rent in Drake, CO?
    Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $1,700 per month.
  • How many cheap apartments are available in Drake, CO?
    There are 2 apartments to rent that are cheaper than the city’s average rent of $2,559.
  • When is the average rent most expensive in Drake, CO?
    In the last year, the average rent in Drake, CO was highest in Jul 2025 when it was $5,000 per month.
  • 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.