Union Arcade Building
229 Brady St,
Davenport, IA 52801
Studio - 2 Beds | $850 - 1,200
Rental Market Trends in Davenport, IA
What is the average rent in Davenport, IA?
$885/month
Average Rent
659 Sq Ft
Average Apartment Size
+1.6%
Increase in the Last Year
As of November 2024, the average rent in Davenport, IA is $885 per month. This is 43% lower than the national average rent of $1,559/month, making renting in Davenport more affordable than most cities in the US. When you rent an apartment in Davenport, you can expect to pay about $824 per month for a studio, $885 for a one-bedroom apartment, and around $1,016 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,658 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Davenport, IA?
In the past year, rent has increased by 1.6%, which averages out to $15 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Davenport, IA
Last Updated November 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
18%
Below $700/month
42%
$700 - $1,000/month
23%
$1,001 - $1,500/month
14%
$1,501 - $2,000/month
4%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Davenport?
Based on current rent prices, Centennial Gateway, Northwest Davenport and Gold Coast are the most affordable neighborhoods in Davenport.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Davenport?
Based on current rent prices, Crescent Warehouse Historic District, Downtown Davenport and Central Davenport are the most expensive neighborhoods in Davenport.
Neighborhood
Average Rent
Average Sq Ft
Which Davenport neighborhoods have the most rentals available?
The neighborhoods in Davenport with the most apartments available are North Side, Downtown Davenport and Crescent Warehouse Historic District .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Davenport, IA?
Because the average rent in Davenport is $885, you’ll want to make about $2,950 per month or $35,400 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Davenport, IA compare to other nearby cities and neighborhoods?
Use the tool below to compare Davenport, IA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
$910/month
One Bedroom
-
$1,100/month
Two Bedroom
-
$931/month
Three Bedroom
-
$1,823/month
Nearby City Rent Trends
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.