Drinkwater Street is a street in Shrewsbury, England, that runs from the Frankwell roundabout to the River Severn. It was named after the Drinkwater family, who were prominent wool dealers and landowners in the area in the 18th and 19th centuries.

One of the family members, Richard Drinkwater, was the mayor of Shrewsbury in 1834/35 and donated the land for the construction of St George’s Church, which still stands on the street today.

The street was created in 1882 by dividing a property at 92 Frankwell, which had a rare example of a cruck framed building, an early type of timber framing. The surviving part of the building can still be seen on the street.

Drinkwater Street is part of the historical and cultural heritage of Shrewsbury, and has several listed buildings and monuments, such as the war memorial, the former Frankwell fire station, and the former Frankwell toll house.