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Davenport, IA Rent Affordability Calculator

The median rent in the Davenport, IA area is $941 a month including utilities, which takes 16% of the median household income ($72,738). Paying it on 30% of income needs about $37,640 a year.

On $73,000 a year, 30% of income is $1,825 a month for rent. A $940 rent takes 15.5% of gross income; many landlords want income of 40 times the rent, $37,600.

Rent you can afford
$1,825 a month
That rent takes
15.5% of income
Income a landlord may ask for (40× rent)
$37,600

Rent you can afford in Davenport, IA by income (30% rule)

IncomeAffordable rentAgainst the median rent
$40,000$1,0006.3%
$60,000$1,50059.4%
$80,000$2,000112.5%
$100,000$2,500165.7%
$150,000$3,750298.5%

How this calculator works

Median gross rent and median household income for the Davenport-Moline-Rock Island, IA-IL metropolitan area, from the Census Bureau's American Community Survey 2020–2024 5-year estimates. Affordable rent is 30% of gross monthly income.

What it assumes

  • Medians across all rentals, of every size and age; new listings usually ask more.

Questions people ask

What is the average rent in Davenport, IA?

The median gross rent is $941 a month, including utilities (Census American Community Survey 2020–2024 5-year estimates).

What salary do I need to live in Davenport, IA?

To rent at the median on 30% of income, about $37,640 a year; many landlords ask for 40 times the rent, $37,640.

Is rent affordable in Davenport, IA?

The median rent takes 16% of the median household income there, within the 30% guideline.

How does the cost of living in Davenport, IA compare?

Overall prices are 10.9% below the US average, and housing 31.7% below (BEA, 2024).

Nearby and large metro areas

Related calculators

  • Rent Affordability CalculatorThe rent your income supports under the 30% guideline, what a given rent takes of your pay, and the income landlords often ask for, with median rents in large metro areas.
  • Davenport, IA Cost of Living CalculatorPrices in the Davenport, IA area are 10.9% below the US average, and housing 31.7% below (BEA, 2024). Compare a salary here with anywhere else.
  • Rent vs Buy CalculatorWhether buying or renting leaves you better off after the years you plan to stay, counting mortgage interest, tax, upkeep, selling costs and what a renter earns investing the down payment.

Sources

Updated by the RateHerald team. The maths is tested against worked examples; report a problem.