Rakestraw is a surname. Notable people with the surname include:
Ennis Rakestraw Jr. (born 2002), American football player Frederick Rakestraw (1923–2004), Justice of the Indiana Supreme Court Larry Rakestraw (1942–2019), American football player Paulette Rakestraw (born 1967), American politician from the state of Georgia Wilbur Rakestraw (1928–2014), American racing driver
See also Rakestraw House, a historic home located near Garrett in Keyser Township, DeKalb County, Indiana.