Rents are right about where Davenport's 10-year trend predicts.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $960 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 →
12-month history
Last updated: August 17, 2026
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Who lives here
Davenport, IA is majority owner-occupied, 29.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Davenport, IA has changed in 5 years
The median rent in Davenport, IA stood at $742 in 2021 and currently runs about $960, reflecting a 29.4% increase over the period. On the earnings side, the typical household in Davenport, IA now reports about $66,200, up from $56,315 in 2021. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. College-educated residents now make up 29.9% of adults here, versus 27.1% in 2021. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and Davenport, IA reflects that arc in its own way.
Discussions about Davenport
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Can you afford rent in Davenport on your salary?
At $960/mo, how Davenport rent compares to typical pay (30% rule).
Davenport rent by bedroom count
Median rent for each apartment size in Davenport. Click any size for full breakdown.
Tips for renters in Davenport
Last updated: August 17, 2026
The median rent in Davenport is $960/mo as of August 2026. A studio apartment averages $698/mo while a 2-bedroom runs $1,014/mo. One-bedroom apartments average $822/mo and 3-bedroom units go for $1,322/mo.
At 17% of local median household income ($66,200/yr), Davenport ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.9% over the past year.
Frequently asked questions
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What percentage of Davenport residents rent vs. own?
How does Davenport rent compare to the national average?
At $960/mo, rent takes ~17% of Davenport's median household income ($66,200/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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