Davenport, Iowa Rental Market Trends

Disclaimer:

Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Davenport, Iowa rental market.

Davenport, Iowa

Average Apartment Rent

$988

Y-o-Y Change in Average
Apartment Rent

Infinity%

As of May 2026

Compared to a year ago, Davenport, Iowa apartments have recorded a Infinity% rent increase.

Davenport, Iowa Average apartment rent trend

Median Rent Jul 2025 Nov 2025 Mar 2026
Davenport $1,031 $993 $994
National $1,741 $1,732 $1,736
Davenport
National
Jul 2025
$1,031
$1,741
Nov 2025
$993
$1,732
Mar 2026
$994
$1,736

Davenport, Iowa Average Apartment Rent

Davenport, Iowa Apartment rent ranges

Under $1,000
$1,001 - $1,500
$1,501 - $2,000
$2,001 - $2,500
$2,501 - $3,000
Over $3,000

At 62.84%, apartments priced Under $1,000 represent the bulk of Davenport, Iowa rentals, while condos priced $2,000 - $2,500 hold the lowest share of the market – 0.05%.

Davenport, Iowa Housing tenure**

Renter occupied housing units 16,131
Owner occupied housing units 26,536

Renters take up 38% of Davenport, Iowa real estate, occupying a total of 16,131 units, while homeowners live in 26,536 properties.

Median number of rooms of renter-occupied housing units**

4

Renter median household income**

$35,773

Average household size of renter-occupied housing units**

2.15

Rental vacancy rate**

7.2%

Davenport, Iowa Renter-occupied housing units by no. of bedrooms**

No bedrooms 795
1 bed 4,641
2 beds 6,966
3 beds 2,932
4 beds 572
5 or more beds 225

There are 6,966 rentals in Davenport, Iowa with 2 beds making up the highest share of the market, at 43%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 225 units. Overall, the median number of rooms in Davenport, Iowa homes for rent is 4.

Davenport, Iowa Renter-occupied units by age of householder**

15 - 24 years 2,456
25 - 34 years 4,087
35 - 44 years 3,031
45 - 54 years 1,867
55 - 59 years 1,052
60 - 64 years 1,032
65 - 74 years 1,336
75 - 84 years 663
85 years and over 607

Most condos for rent in Davenport, Iowa are occupied by residents in the 25 - 34 years age group (25%), followed by those in the 35 - 44 years age group (19%). At the same time, people in the 75 - 84 years age group make up the lowest share of the local rental market – 4%.

Davenport, Iowa Renter-occupied housing units by family type**

Family households 6,807
Non-Family Households 9,324

Davenport, Iowa Renter-occupied housing units by the presence of own children**

With related children of the householder under 18 4,361
No related children of the householder under 18 11,770

A total of 6,807 apartments for rent in Davenport, Iowa, or 42% of all rentals are family households. Additionally, 27% of rental homes include children under the age of 18 – that’s 4,361 units. All in all, the median size of a renter-occupied household in Davenport, Iowa is 2.15.

Davenport, Iowa Renter-occupied housing units by educational attainment**

Less than high school graduate 1,460
High school graduate (including equivalency) 4,908
Some college or associate's degree 6,026
Bachelor's degree or higher 3,737

In terms of education, renters holding bachelor degrees or higher make up 23% of the rental market. In contrast, residents with less than a high school degree reside in 9% of the homes for rent in Davenport, Iowa.

Davenport, Iowa Renter-occupied units by year structure built**

Built 2020 or later 91
Built 2010 - 2019 617
Built 2000 - 2009 1,639
Built 1990 - 1999 1,775
Built 1980 - 1989 1,618
Built 1970 - 1979 3,177
Built 1960 - 1969 2,025
Built 1950 - 1959 1,424
Built 1940 - 1949 568
Built 1939 or earlier 3,197

The highest share of Davenport, Iowa apartment rentals, namely 20% or 3,197 units, were Built 1939 or earlier, followed by those Built 1970 - 1979 (20%, 3,177 units), and the ones Built 1960 - 1969 (13%, 2,025 units).

Davenport, Iowa Renter-occupied units by year householder moved in**

Moved in 2021 or later 1,309
Moved in 2018 to 2020 5,792
Moved in 2010 to 2017 6,779
Moved in 2000 to 2009 1,658
Moved in 1990 to 1999 461
Moved in 1989 or earlier 132

Median year renter moved into unit 2017

Most Davenport, Iowa renters (42%) moved in 2010 to 2017, while only 1% of them moved in 1989 or earlier. Overall, the median year renters have occupied their Davenport, Iowa condos for rent is 2017.

Davenport, Iowa Renter-occupied housing units by vehicles available**

No vehicle available 3,229
1 vehicle available 8,210
2 vehicles available 3,647
3 vehicles available 869
4 or more vehicles available 176

When it comes to transportation options, 51% of Davenport, Iowa renters have 1 vehicle available per household, 23% of them have 2 vehicles available, and 20% have No vehicle available.

Davenport, Iowa Means of transportation to work of householders living in renter-occupied housing units**

Car, truck, or van - drove alone 12,447
Car, truck, or van - carpooled 2,142
Public transportation (excluding taxicab) 317
Walked 517
Taxicab, motorcycle, bicycle, or other means 308
Worked at home 555

Davenport, Iowa Geographical mobility in the past year for householders living in renter-occupied housing units**

Same house as 1 year ago 25,603
Moved within same county 5,035
Moved from different county within same state 649
Moved from different state 2,500
Moved from abroad 382

The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Davenport, Iowa apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

*Average single-family rent calculated from point2homes.com data.

**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates

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