City Report · IA

Davenport

Pop. 100,913·27th most expensive in Iowa·One of the most affordable rental markets in the US
Median rent (all units)
$965/mo
Year-over-Year
+4.4%
Month-over-Month
+0.2%
vs US Median
-$967
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Davenport · $965
More affordable than 98% of US cities · National median $1,932/mo
Rent Reality Score
53/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Davenport's 10-year trend predicts.

Actual rent
$965/mo
Expected by trend
$979/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
$698
1 BR
$822
2 BR
$1,014
3 BR
$1,322
4 BR+
$1,562
Fair Market Rent (HUD)
$1,014/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $965 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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in Davenport usually run 0.6% below trend in January and 0.4% above it in May, about $10 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Davenport is at its highest level since Zillow's records here began in April 2016.

Past year vs. the rest of Iowa

Rent in Davenport changed +4.4% over the year to September 2026. Across the 26 Iowa cities Zillow tracks, the typical change was +4.5%.

Rent vs. income since 2019

From 2019 to 2024, rent in Davenport rose 27.4% while median household income rose 29.7% ($51,029 to $66,200). Income kept ahead of rent.

Since before the pandemic

Rent in Davenport is 32.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($66,200) is $1,655 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,562).

Spread across ZIP codes

The priciest of 5 ZIP codes in Davenport, 52801 ($1,317/mo), costs 1.7 times the cheapest, 52807 ($758/mo).

From Zillow's monthly rent index (ZORI) for Davenport. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$11,580/yr
At $965/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (4.4% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+4.4% YoY, +0.2% MoM), not inventory.
Rent check

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Demographics

Who lives here

Davenport, IA is majority owner-occupied, 29.9% of residents hold a bachelor's degree or higher.

Population
100,913
Median income
$66,200
Median age
37.5
Renters
37.1%
Age distribution
21%
25.8%
24.3%
12.5%
16.4%
Under 1821%
18–3425.8%
35–5424.3%
55–6412.5%
65+16.4%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
73.8%
White73.8%
Black11.2%
Hispanic9%
Asian1.9%
Other4.1%
Education (25+)
29%
33.6%
29.9%
No HS diploma7.4%
HS diploma29%
Some college33.6%
Bachelor's+29.9%
Housing tenure
62.9%
37.1%
Owner62.9%
Renter37.1%

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

2021 vs 2026

How Davenport, IA has changed in 5 years

Rent
$770 → $965
up 25.3%
Income
$56,315 → $66,200
up 17.6%
Population
101,725 → 100,913
down 0.8%
Renter share
36.3% → 37.1%
+0.8 pts
Bachelor's+
27.1% → 29.9%
+2.8 pts

The median rent in Davenport, IA stood at $770 in 2021 and currently runs about $965, reflecting a 25.3% 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.

Community

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

Can you afford rent in Davenport on your salary?

At $965/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, IA

Last updated: October 17, 2026

The median rent in Davenport is $965/mo as of October 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 4.4% over the past year.

FAQ

Frequently asked questions

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 $39,000/year (about $19/hour full-time) to afford the median rent of $965/mo in Davenport. The local median household income is $66,200/yr, so the typical household meets that bar.

Is rent going up or down in Davenport?

Rent in Davenport has risen 4.4% over the past year as of September 2026. That is the highest level since Zillow's records here began in April 2016.

When is the cheapest time to rent in Davenport?

Asking rents in Davenport are usually lowest in January, about 0.6% below their yearly trend, and highest in May, about 0.4% above it. At today's median that is a gap of roughly $10 a month. This pattern comes from 10 years of Zillow rent data.

Has rent outpaced income in Davenport?

No. From 2019 to 2024, rent in Davenport rose 27.4% while median household income rose 29.7%, from $51,029 to $66,200. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Davenport neighborhoods have the lowest rent?

The most affordable ZIP codes in Davenport are 52807 ($758/mo), 52803 ($945/mo), and 52806 ($1,076/mo). Citywide, the median rent is $965/mo.

How does Davenport rent compare to other cities in Iowa?

Davenport is one of the more affordable among Iowa cities for rent, ranking #27 of 32 tracked cities at $965/mo. Over the year to September 2026, rent in Davenport changed +4.4%, against a typical +4.5% across the 26 Iowa cities Zillow tracks.

Which nearby cities are cheaper to rent in than Davenport?

Nearby cities with lower median rent than Davenport ($965/mo) include Clinton ($775/mo), and Rock Island ($932/mo).
Income Affordability
17%
VERY AFFORDABLE

At $965/mo, rent takes ~17% of Davenport's median household income ($66,200/yr). The standard benchmark is 30%.

Davenport 17%Benchmark 30%
State income tax3.8%
Run the Davenport affordability calculator →
Lowest-rent ZIP codes in Davenport
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Davenport, IA

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