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Davenport, IA

Is Davenport a good place to buy rental property in 2026?

Short answer: yes — for cash-flow investors. Davenport's median cap rate runs about 8.0% (Iowa state median), above the ~6.5% national median, with typical rent at $1,143–$1,498/mo and Iowa property tax near 1.52%.

Davenport anchors the Quad Cities on the Mississippi — manufacturing and logistics employment with very affordable entry.

Davenport market snapshot

Cash-flow market

Higher typical cap rates — built for monthly cash flow more than price growth.

Typical cap rate

8.0%

Iowa state median

Typical rent

$1,143–$1,498/mo

HUD FMR · 2–3BR · 2026

Typical price

$140,000–$220,000

est., all-in

Property tax

1.52%

Iowa effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated July 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Why Davenport works for rental investors

Low prices and solid ratios drive strong cash-on-cash; a steady Midwest yield market. Reserve for older stock.

See the full Iowa investing guide — taxes, landlord law & top metros →

Neighborhoods to look at in Davenport

North Davenport

Newer SFRs, family renters.

Bettendorf

Adjacent; desirable, top schools, low vacancy.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

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Paste a Davenport address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with Iowa tax and HUD rent so you start from the right assumptions.

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