$850 Per Month
- 1 Bed
- 1 Bath
- 750 Sq Ft
- Apartment for Rent
318 W Columbia Ave, Davenport, IA 52803
318 W Columbia Ave, Davenport, IA 52803
Frequently Asked Questions
How much does it cost to rent a home in Davenport, IA?
The median rent for a home in Davenport, IA is $995 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Davenport, IA?
To comfortably afford the median rent in Davenport, IA, a household needs to earn roughly $39,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $995 per month in Davenport, IA, renters typically need to show $2,985 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Davenport, IA?
In Davenport, IA, the price-to-rent ratio is 16.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Davenport, IA are best for renting a home?
The best neighborhood for renting in Davenport, IA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Northwest Davenport, North Side, Near North Side, Riverview Terrace and Central Davenport, each with its own character and price range.
