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Drake

Drake

Suburban Neighborhood in Des Moines, Iowa

Polk County 50310, 50311, 50312

$219,900 Average Value
$165 Average Price per Sq Ft
22 Homes For Sale

Drake college town and community

One of Des Moines' oldest neighborhoods, Drake is a suburb outside of downtown known for its close community and private university. “Drake is an eclectic melting pot. It has everything: Drake University, a business district and lots of historic architecture,” says Alexis Johnson, a local Realtor for over 10 years, currently with Iowa Realty Beaverdale. Drake University is the neighborhood’s main hub, serving as an employer, an educational and cultural center and a community resource. There are a few core spots throughout the campus that are focal points of Drake. The Helmick Commons is both a student quad and green area in the middle of campus that serves as a local gathering space. Drake Stadium hosts local high school games as well as Drake Relays, a national track and field event. Drake is a lively neighborhood shared by families, students and faculty, and although most amenities can be found within a couple of blocks, Downtown Des Moines is also only a bike ride away.

The Drake neighborhood is just minutes from Downtown Des Moines.
The Drake neighborhood is just minutes from Downtown Des Moines.
Drake University is the namesake of the neighborhood.
Drake University is the namesake of the neighborhood.
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Mom-and-pop shops in Drake

A Hy-Vee is available for groceries and a pharmacy within 1 mile of most residential areas. For other essentials, Walmart Supercenter sits about 3 miles east in Windsor Heights along with a Sam’s Club and Aldi. The Drake business district is composed of many small businesses. “It’s a good neighborhood for those looking for a walkable area with unique local businesses to support,” Johnson says. One of the most well-known restaurants is Drake Diner, which has been serving comfort food since 1987 in a retro diner atmosphere. University Library Café is a local mainstay for craft beer, burgers and nachos. Peggy’s Tavern, a college hangout spot, mixes food with entertainment, and Lefty’s Live Music offers live performances and events, such as an open mic comedy night. Locally owned Black Cat Ice Cream, with its patio seating and award-winning artisanal ice cream, serves desserts and supports the animal community. Cat adoption events and a photo Wall of Fame make this a must-see spot for feline aficionados with a sweet tooth.

Black Cat Ice Cream
Black Cat Ice Cream
Locals walking along University Ave.
Locals walking along University Ave.
Peggy's
Peggy's
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Eating and exercising events in Drake

The Drake Relays, held at Drake Stadium, is one of the top outdoor track and field events in the country. Before the competition, student organizations have a designated square to paint along Carpenter Avenue, also known at the Painted Street. Paintings feature unique interpretations of the event’s theme that given year. The annual Des Moines Greek Food Fair Festival also takes place in the neighborhood, serving authentic dishes, such as gyros and dolmades.

Housing in Drake caters to many different interests

The neighborhood has a variety of Foursquares, Craftsman homes and bungalows. With the high concentration of students in the area, apartment buildings and rental units are also prevalent. Two-to-three-bedroom homes with driveways often sell for $100,000 to $250,000. Four-bedroom homes tend to climb up to $400,000 and often have detached garages. For those looking to rent one- or two-bedroom condos and apartments, monthly rent can start around $600, with three-to-four-bedrooms going up to about $1,500. Most homes have front and back lawns, and bur oaks shade the sidewalks that line most streets, creating a walkable environment.

Drake Neighborhood Homes
Drake Neighborhood Homes
Drake Neighborhood Homes
Drake Neighborhood Homes
Drake Neighborhood Homes
Drake Neighborhood Homes
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Outdoor activities near Drake

Drake Park is one of the closest local parks and features a playground, water area, basketball court and a rentable shelter. Residents can visit Witmer Park, which features a playground within walking distance for most Drake residents. Drake University’s campus is also ideal for adults who would like to relax with a book at the green space of Helmick Commons or take an artistic stroll along the Painted Street.

Drake Park Playground
Drake Park Playground
Drake Park Tennis Court
Drake Park Tennis Court
Drake Park
Drake Park
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Getting around Drake

Residents can walk within the Drake area, as sidewalks are common. Locals can either drive, bike or take the Des Moines Area Regional Transit Authority (DART) public bus service about 3 miles to Downtown Des Moines. “It’s so close to the city, you can easily just ride a bike to concerts, restaurants or whatever activity is going on over there,” Johnson says. For air travel, Des Moines International Airports is about 5 miles south via Fleur Drive.

Locals walking along University Ave.
Locals walking along University Ave.
Bus stops along University Avenue can connect to anywhere in Des Moines.
Bus stops along University Avenue can connect to anywhere in Des Moines.
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Grade school education from Perkins to Roosevelt

Students can attend schools in the Des Moines Independent Community School District, which features over 50 schools. Depending on home addresses, Drake families send their children through many different schools in the district. Primary students could attend Perkins Elementary, which scores a B-minus on Niche, then head to Callanan Middle, which earns a C-minus. Roosevelt High scores a B and is the No. 2 standout high school in Iowa for 2024 according to Niche. Roosevelt has one of the highest athletic participation rates in the area and sends the most students to Ivy Leagues in the state.

Perkins Elementary serves Drake students is grades K-5.
Perkins Elementary serves Drake students is grades K-5.
Callanan Middle School serves the intermediate students of the Drake neighborhood.
Callanan Middle School serves the intermediate students of the Drake neighborhood.
The Roosevelt High School main entrance emanates with the history that flows through its halls.
The Roosevelt High School main entrance emanates with the history that flows through its halls.
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Employment opportunities in Drake

With Drake University at the center of the area, many residents work in education at the university or within local public schools. Beyond education, there are plenty of opportunities in the service, food and retail industries in the Drake community.

Near-campus housing
Near-campus housing
Drake University Campus
Drake University Campus
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Grace Pitney
Written By
Grace Pitney
Drew Davis
Photography Contributed By
Drew Davis
Charles Kennedy
Video By
Charles Kennedy

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Austin Woods, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Des Moines International

14 min drive

Bus

University Ave & 29th St (Far-Side), Dsm

Bus

Clark St & 32nd St, Dsm

Bus

Mlk Jr Pkwy & Francis Ave, Dsm

Bus

30th St & Clark St, Dsm

Bus

31st St & Brattleboro Ave, Dsm

Bus

University Ave & 31st St (Far-Side), Dsm

Bus

University Ave & 23rd St, Dsm

Crime and Safety

1 - Low Crime, 10 - High Crime Drake US
Homicide 5 4
Sexual Assault 6 4
Assault with Weapon 6 4
Robbery 6 4
Burglary 6 4
Motor Vehicle Theft 6 4
Larceny 5 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$205,000
Median Single Family Price
$203,500
Median Townhouse Price
$570,000
Median 2 Bedroom Price
$110,000
Average Price Per Sq Ft
$165
Number of Homes for Sale
22
Last 12 months Home Sales
105
Months of Supply
2.50
Median List Price
$214,995
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
-2%

Home Facts

Number of Homes in Neighborhood
2,421
Median Year Built
1916
Avg. Single Family Home Size Sq Ft
1,348
Significantly below the national average
1,936
Average Townhouse Size Sq Ft
1,750
Average 2 Bedroom Size Sq Ft
882
Median Lot Size Sq Ft
6,969

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Austin Woods, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
13,552
Median Age
31
Population Density
15 ppl/acre
Population under 18
25.5%
On par with the national average
23.8%
Population over 65
10%
Below the national average
19.1%

Finances

Median Household Income
$46,769
Significantly below the national average
$71,702
Average Household Income
$60,047

Education and Workforce

High School Graduates
86.4%
On par with the national average
89.1%
College Graduates
32.9%
Advanced Degrees
11.6%
% Population in Labor Force
72.3%
Above the national average
65.1%

Weather

Annual Precipitation
36''
Average Winter Low Temperature
14°F
Average Summer High Temperature
85°F
Annual Snowfall
35''

Area Factors

Somewhat Bikeable

Bike Score®

49 / 100

Very Walkable

Walk Score®

71 / 100

Some Transit

Transit Score®

38 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Reviews

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Drake