Dairy livestock production systems rely on high‐quality forage legumes, which are widely present in grassland swards all over Europe. A future climatic scenario with higher average annual temperatures and lower precipitation is expected to affect grassland productivity in general and the productivity of the most important forage legume species Trifolium repens in particular. One way to cope with such constraints is the adoption of currently underutilized minor legume species with a higher tolerance towards drought stress. Therefore, the present study investigated legume species with lower moisture requirements than T. repens, these are Lotus corniculatus, Medicago falcata, Medicago lupulina and Onobrychis viciifolia in comparison with T. repens. Legumes were grown in containers as monocultures in a roofed open‐sided greenhouse under conditions of optimal water supply or periodic drought stress. Generally, drought stress decreased the biomass production, but species differed in their reaction. Particularly, M. lupulina and L. corniculatus had lower relative biomass losses (−26%) compared to T. repens (−43%, as averaged over drought stress periods). However, in overall biomass production T. repens still was at one level with M. lupulina and L. corniculatus under drought stress. This was related to high stomata control as indicated by the intrinsic water‐use efficiency. We conclude that there are promising future options of forage legumes as alternatives to T. repens.