| Year | Award | Category | Nominee | Result | Ref. |
|---|
| 2011 | Equity Awards | Most Outstanding Performance by an Ensemble in a Drama Series | Cast | Won | [66] |
| AWGIE Awards | Television – Series | Series 1, episode 5 'R v.
Chandler' – Peter Duncan | Won | [67] |
| ASSG Awards | Best Achievement in Sound for a Tele-Feature or Short Run Series | Series 1 – Chris Alderton, Todd Kirkness, Sue Kerr, Peter Hall, Trevor Harrison, Olivia Monteith, Ian Donato, Natalie Choo and Michol Marsh | Nominated | [68] |
| 2012 | AACTA Awards | Best Television Drama Series | Rake | Nominated | [69] |
| 2013 | AACTA Awards | Best Television Drama Series | Season 2 – Ian Collie, Peter Duncan and Richard Roxburgh | Nominated | [70] |
| Best Lead Actor in a Television Drama | Richard Roxburgh | Won |
| Australian Screen Music Awards | Best Music for a Television Series or Serial | Season 2, episode 8 'Greene' – Michael Lira, David McCo
|