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Frequently Asked Questions

 

Answers

How far in advance should I contact Drake Real Estate?

Please contact our office 60 days prior to your anticipated move in date to review any available properties.

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When do you show apartments/houses?

We will show vacant houses and apartments during our office hours.

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Do you allow pets?

No pets are allowed in any Drake Real Estate properties.

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How much is the deposit and when do I have to pay it?

The deposit is equal to one month rent; additionally, at the time that the lease is signed, the first month rent is due. Both the deposit and first month rent should be paid in the Student Account office. The deposit will be refunded to you when you move out, provided that no damages have been done to the property, you have returned your key, have fulfilled your nine month lease, proper notice is given, and all University charges have been paid.

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What is the length of a lease?

Our leases are for nine months, and month-to-month thereafter.

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Can I paint my apartment a different color?

We do not generally allow any type of alteration of the premise.

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When is my rent due?

All rent is due on or before the first day of the month and is considered late by the 5th of the month.  Rent can be paid:

  • In person or by mailing to the address below (personal check or cash)
  • By credit card by calling Student Accounts at 515-271-2151
  • Online: 

The mailing address is:

Drake University
Student Accounts Office
2507 University Ave.
Room 115 Old Main
Des Moines IA  50311-4505

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I need to move. How do I give notice?

The 60-day notice to vacate must be given in writing, and must contain your name and address, and the date that you will be completely moved out. You may come to our office and complete a form, or download the form from this website.

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