What's a good cap rate in Davenport?

In Davenport, cap rates typically run around 8.0% (Iowa state median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Davenport deal lands versus this benchmark.

What's the average rent for a rental in Davenport?

A typical rental in Davenport runs about $1,000–$1,400/mo (estimate; varies by neighborhood, size, and condition). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in Iowa?

Iowa's effective property tax rate is about 1.52% of value per year — the figure TrueCap applies by default for Davenport deals. You can override it with the exact local rate.

Davenport, IA

Davenport rental property analysis

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

$1,000–$1,400/mo

est., SFR / small multi

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 June 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.

Is Davenport a good place to buy rentals?

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

See the full Iowainvesting 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.

Run a Davenport deal in 60 seconds

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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