City Report · FL

Davenport

Pop. 13,238·191st most expensive in Florida·Rental market data updated monthly for Davenport, FL
Median rent (all units)
$1,993/mo
Year-over-Year
-0.4%
Month-over-Month
-2.5%
vs US Median
+$31
Falling (Monthly)
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Most AffordableMost Expensive
Davenport · $1,993
More expensive than 58% of US cities · National median $1,962/mo
Rent Reality Score
79/100
Good value
OverheatedFairGreat value

Rents are 15% below what Davenport's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,993/mo
Expected by trend
$2,337/mo
The Rent Reality Score compares today's median rent to where Davenport's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,620
1 BR
$1,633
2 BR
$1,987
3 BR
$2,653
4 BR+
$3,297
Fair Market Rent (HUD)
$1,987/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,993 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$23,916/yr
At $1,993/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.4% YoY), so renters have negotiating leverage.
Based on rent-price momentum (-0.4% YoY, -2.5% MoM), not inventory.
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Demographics

Who lives here

Davenport, FL is majority owner-occupied, has a large share of families with children, 25.6% of residents hold a bachelor's degree or higher.

Population
13,238
Median income
$73,685
Median age
34.9
Renters
10.7%
Age distribution
28%
22.1%
31.5%
Under 1828%
18–3422.1%
35–5431.5%
55–6410%
65+8.3%
Gender
51.1%
48.9%
Male51.1%
Female48.9%
Race & ethnicity
29.6%
19.2%
53.8%
White29.6%
Black19.2%
Hispanic53.8%
Asian1.5%
Education (25+)
13.1%
27.7%
33.7%
25.6%
No HS diploma13.1%
HS diploma27.7%
Some college33.7%
Bachelor's+25.6%
Housing tenure
89.3%
Owner89.3%
Renter10.7%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Davenport, FL has changed in 5 years

Rent
$1,621 → $1,993
up 22.9%
Income
$56,345 → $73,685
up 30.8%
Population
9,049 → 13,238
up 46.3%
Renter share
9.9% → 10.7%
+0.8 pts
Bachelor's+
24% → 25.6%
+1.6 pts
Median age
37.1 → 34.9
-2.2 yrs

Across the past five years, the going rent in Davenport, FL has shifted from $1,621 to $1,993, up 22.9% since 2021. Median household income climbed from $56,345 to $73,685 between 2021 and 2024, a 30.8% shift. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show Davenport, FL adding about 4,189 residents over the five-year window, up 46.3% on net. Taken together, the five-year picture in Davenport, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Davenport rent history (2015–2026) →
Salary vs rent

Can you afford rent in Davenport on your salary?

At $1,993/mo, how Davenport rent compares to typical pay (30% rule).

By apartment size

Davenport rent by bedroom count

Median rent for each apartment size in Davenport. Click any size for full breakdown.

Local insights

Tips for renters in Davenport

About renting in Davenport, FL

Last updated: August 17, 2026

The median rent in Davenport is $1,993/mo as of August 2026. A studio apartment averages $1,620/mo while a 2-bedroom runs $1,987/mo. One-bedroom apartments average $1,633/mo and 3-bedroom units go for $2,653/mo.

At 32% of local median household income ($73,685/yr), Davenport ranks as moderate compared to the national benchmark of 30%. Rents have decreased 0.4% over the past year.

FAQ

Frequently asked questions

Is Davenport an affordable city for renters?

Davenport is considered moderate for renters. At $1,993/mo, rent takes approximately 32% of the local median household income ($73,685/yr). The standard benchmark is 30%. Davenport slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Davenport?

To keep rent at or below 30% of gross income, you would need to earn at least $80,000/year (~$38/hour full-time) to afford the median rent of $1,993/mo in Davenport. The local median household income is $73,685/yr, meaning the typical Davenport household falls short of that threshold.

Is rent going up or down in Davenport?

Rent in Davenport has been relatively stable over the past year, with a 0.4% change year over year as of August 2026.

Which Davenport neighborhoods have the lowest rent?

The most affordable ZIP codes in Davenport are 33896 ($1,785/mo), 33837 ($2,056/mo), and 33897 ($2,212/mo). Citywide, the median rent in Davenport is $1,993/mo.

How does Davenport rent compare to other cities in Florida?

Davenport is middle-of-the-pack for Florida for rent, ranking #191 out of 291 tracked cities at $1,993/mo.

Which nearby cities are cheaper to rent in than Davenport?

Several nearby cities have lower median rents than Davenport ($1,993/mo): Polk City ($1,763/mo), Poinciana ($1,920/mo), Kissimmee ($1,957/mo).

What percentage of Davenport residents rent vs. own?

According to Census data, approximately 10.7% of Davenport households are renters, while 89.3% are owner-occupied. Davenport leans toward homeownership, which can mean a smaller rental inventory.

How does Davenport rent compare to the national average?

Davenport's median rent of $1,993/mo is $31 (2%) above the US national median of $1,962/mo. Within Florida, it ranks #191 out of 291 tracked cities.
Income Affordability
32%
MODERATE

At $1,993/mo, rent takes ~32% of Davenport's median household income ($73,685/yr). The standard benchmark is 30%.

Davenport 32%Benchmark 30%
State income taxNone
Run the Davenport affordability calculator →
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Neighborhoods

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Schools nearby

Public schools near Davenport, FL

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