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The Drake Apartments apartments in Midland, TX

Updated

The Drake Apartments

Live pricing, refreshed

31
Units Listed
$1,407
Starting at
$1,772
Average
$2,294
Highest
$1.92
Per Sq Ft

How does this compare? View Midland 79705 rent trends

Beds

Pricing by Bedroom

1 Bed
$1,554
from $1,407 · 17 units
~711 sqft avg
2 Bed
$1,899
from $1,780 · 7 units
~1,010 sqft avg
3 Bed
$2,172
from $1,926 · 7 units
~1,341 sqft avg
Specials Available 31 units

4 WEEKS FREE

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (17)

Largest 8 movers of 17

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$5,060/mo

from 3 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,687

vs $1,772 current asking ($85 negotiation gap)

Recent Lease Activity

34 units tracked; 3 assumed leased, 31 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

31

Very high availability

7 floor plans

Move-in Specials

31

31 units with active promos

Use competing promos as leverage

Negotiation Leverage

Strong leverage

High availability and active promos suggest this building is eager to fill units.

Available Units

31 units

Select a unit to see its price history and link to the rental site.

1 Bed / 1 Bath Unit 2319
$1,407/mo
603 ft² · $2.33/ft²

Starting base rent

Available: Oct 19, 2026

4 WEEKS FREE
Up $10 since Oct 8 (was $1,397)
1 Bed / 1 Bath Unit 2343
$1,407/mo
603 ft² · $2.33/ft²

Starting base rent

Available: Oct 22, 2026

4 WEEKS FREE
Up $10 since Oct 8 (was $1,397)
1 Bed / 1 Bath Unit 2147
$1,477/mo
671 ft² · $2.20/ft²

Starting base rent

Available: Dec 4, 2026

4 WEEKS FREE
Up $10 since Oct 8 (was $1,467)
1 Bed / 1 Bath Unit 1219
$1,477/mo
671 ft² · $2.20/ft²

Starting base rent

Available: Dec 7, 2026

4 WEEKS FREE
Up $10 since Oct 8 (was $1,467)
1 Bed / 1 Bath Unit 2324
$1,487/mo
671 ft² · $2.22/ft²

Starting base rent

Available: Jan 7, 2027

4 WEEKS FREE
Down $48 since Oct 10 (was $1,535)
1 Bed / 1 Bath Unit 2332
$1,492/mo
671 ft² · $2.22/ft²

Starting base rent

Available: Oct 23, 2026

4 WEEKS FREE
Up $10 since Oct 8 (was $1,482)
1 Bed / 1 Bath Unit 2340
$1,607/mo
745 ft² · $2.16/ft²

Starting base rent

Available: Contact for availability

4 WEEKS FREE
Up $10 since Oct 8 (was $1,597)
1 Bed / 1 Bath Unit 1143
$1,607/mo
745 ft² · $2.16/ft²

Starting base rent

Available: Oct 30, 2026

4 WEEKS FREE
Up $10 since Oct 8 (was $1,597)
1 Bed / 1 Bath Unit 1220
$1,607/mo
745 ft² · $2.16/ft²

Starting base rent

Available: Oct 30, 2026

4 WEEKS FREE
Up $10 since Oct 8 (was $1,597)
1 Bed / 1 Bath Unit 1243
$1,607/mo
745 ft² · $2.16/ft²

Starting base rent

Available: Oct 16, 2026

4 WEEKS FREE
Up $10 since Oct 8 (was $1,597)

Garages and parking

Parking, wellness and pet policy details for this building are available to Pro members: garage type and any monthly fee, bike storage, EV charging, amenities such as a sauna or cold plunge, and stated pet rent and weight limits.

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City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Midland, TX notes

No resident notes for this property yet.

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