Home prices
The median home price in Drake is $60,600. In comparison to its nearby areas it is approximately $32,100 (34%) lower.Compared to the rest of the country it is about $156,900 (72%) lower, and it is roughly $184,700 (75%) lower compared to the city of Bismarck.
Rents
Drake's median monthly rent is $567. This is approximately $39 (7%) higher in comparison to other places in this area.In comparison to the nation as a whole it is approximately $495 (46%) lower, and it is approximately $300 (34%) lower compared to the city of Bismarck.
Nearby places
Anamoose
Anamoose is approximately 5 miles southeast of Drake. Real estate prices there are a bit more expensive. The median home in Anamoose is valued at $70,900, which comes out to $10,300 (14%) higher than Drake. Rents there are somewhat more expensive. In Anamoose the median rent is $625 a month, which is $58 (9%) higher than Drake.
Harvey
Harvey is approximately 19 miles southeast from Drake. Its real estate prices are a lot more expensive. The median home price in Harvey is $89,500, which works out to $28,900 (32%) higher than Drake. Rent there is a bit less expensive. In Harvey the median rent is $525 a month, which comes out to $42 (8%) lower than Drake.
Velva
Velva is about 23 miles west from Drake. Housing prices there are substantially more expensive. The median home in Velva costs $170,100, which works out to $109,500 (64%) higher than Drake. Rent there is pretty similar. The median monthly rent in Velva is $542, which works out to $25 (4%) lower than Drake.
Esmond
Esmond is roughly 24 miles east from Drake. Its housing prices are a little less expensive. The price of the median home in Esmond is $56,100, which works out to $4,500 (8%) lower than Drake. Rents there are a little less expensive. The median rent in Esmond is $519 per month, which comes out to $48 (9%) lower than Drake.
Towner
Towner is approximately 25 miles north of Drake. Real estate prices there are somewhat more expensive. The median home in Towner is valued at $76,900, which is $16,300 (21%) higher than Drake. Rent there is substantially less expensive. In Towner the median rent is $428 a month, which is $139 (32%) lower than Drake.
