Low Income Apartments and Affordable Housing For Rent in Davenport, IA

Discover affordable housing in Davenport where there are 67+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Riverwalk Lofts

420 W River Dr, Davenport, Iowa 52801

bed 1-3
payment $470-915/mo.

Harrison Lofts

1420 N Harrison St, Davenport, Iowa 52803

bed Studio-3
payment $586-996/mo.

Brady Village

1928 E 38th Street, Davenport, Iowa 52807

bed 2-3

Fairmount Pines

3525 W 42nd St, Davenport, Iowa 52806

Castlewood Apartments

2130 Emerald Dr, Davenport, Iowa 52804

bed 2-3

Pine Knoll

2504 Telegraph Rd., Davenport, Iowa 52804

bed 1-2

Lafayette Square

625 W. 4th St., Davenport, Iowa 52801

bed 2-4

The Heritage

501 West 3rd Street, Davenport, Iowa 52801

bed 1

Vera French Commons

211 E 37th St, Davenport, Iowa 52806

Westview Terrace

7218 Hillandale Rd, Davenport, Iowa 52806

Cobblestone Place

1212 W Third Street, Davenport, Iowa 52802

Cobblestone Terrace

1110 W 12th St, Davenport, Iowa 52804

bed 3-4

1211 College Ave Unit 1211 College Ave.

1211 College Ave, Davenport, Iowa 52803

bed 3
payment $1150/mo.

904 Charlotte St

904 Charlotte St, Davenport, Iowa 52803

bed 2
payment $800/mo.

1815 W 40th St Unit 2

1815 W 40th St Unit 2, Davenport, Iowa 52806

bed 3
payment $1100/mo.

5416 N Linwood Ave Unit 5416 N Linwood Ave.

5416 N Linwood Ave, Davenport, Iowa 52806

bed 3
payment $1195/mo.

720 E 15th St

720 E 15th St, Davenport, Iowa 52803

bed 4
payment $1200/mo.

1206 N Perry St Unit 4

1206 N Perry St Unit 4, Davenport, Iowa 52803

bed 2
payment $650/mo.

3567 Kimberly Downs Rd Unit 8

3567 Kimberly Downs Rd Unit 8, Davenport, Iowa 52807

bed 2
payment $925/mo.

411 E 8th St

411 E 8th St, Davenport, Iowa 52803

bed 2
payment $900/mo.

How To Identify Affordable Housing in Davenport, Iowa

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
Low income apartments with no or short waiting lists.
payment Subsidized
Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
Apartments that accept Section 8 vouchers near you
elderly Senior
Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
Apartments for individuals or families with disabilities.
calendar_today Opened: Dec 26
Open Until Further Notice

Reported On February 23rd, 2024 by Lorena Bentley

The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Davenport, Iowa
$10.80 (+149%) more than Iowa minimum wage and $10.80 (+149%) more than the Federal minimum wage.
Learn More About Davenport, Iowa Affordable Housing ↓

What HUD offices serve Davenport, Iowa?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Operates the Section 8 Housing Choice Voucher (HCV), Public Housing programs for Davenport, Iowa.
Operates the Section 8 Housing Choice Voucher (HCV), Public Housing, Homeownership Voucher, Family Self-Sufficiency programs for Davenport, Iowa.

Go to the Iowa Public Housing and Low-Income Apartments Waiting Lists page for openings near Davenport.

How many renters live in Davenport, Iowa?

The City of Davenport has 100,491 people living in 44,709 households.

There are 32,279 renters living in 16,704 renter households in this City. Renters make up 32.12 percent of the population living in Davenport.

What is the rental market like in Davenport, Iowa?

There are an estimated 46,830 housing units in the Davenport area. Of these, 17,501 units are rental homes, making up 37 percent of the housing market. For every renter household in Davenport, Iowa, there are 1 rental units.

What is the vacancy rate for rentals in Davenport?

The rental vacancy rate in Davenport is 7 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Davenport for each bedroom size?

Occupied Rental Units by Size in Davenport
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
795 4,641 6,966 2,932 572
Occupied Rental Units by Size in Davenport

A large number of apartments in Davenport have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How many renter households in Davenport are overburdened by housing costs?

Among renter households in this market, 51 percent have housing cost burden. Further, 21 percent of households are extremely rent overburdened. When renters pay too much for their housing, it leaves little money for other necessities like food, clothes, or medicine.

The federal government says that renters are cost-burdened if they pay more than a third of their monthly income for rent and utilities.

How Much Is Rent in Davenport

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $646 to $1,437. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $646
One BR $773
Two BR $953
Three BR $1,247
Four BR $1,437
2024 Fair Market Rents in Davenport, Iowa

How many units are rented at Fair Market Rent (FMR) in Davenport?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 342 43 percent
One BR 2,312 50 percent
Two BR 3,684 53 percent
Rental Units Below FMR in Davenport, Iowa

How many affordable rental units are in Davenport?

There are a variety of federal affordable housing programs serving households in Davenport, Iowa including the following:

Federal Program Unit Count
Low Income Housing Tax Credit 1,780
Section 8 Project-Based Rental Assistance 734
Section 202 Supportive Housing for the Elderly 77
Section 811 Supportive Housing for Persons with Disabilities 10
Tracked Units by Federal Program in Davenport, Iowa

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Davenport, Iowa

Davenport features 856 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Davenport, Iowa

There are 1,126 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Davenport.

Housing Choice Vouchers in Davenport, Iowa

On average, Section 8 Housing Choice vouchers pay Davenport landlords $500 per month towards rent. The average voucher holder contributes $300 towards rent in Davenport.

The maximum amount a voucher would pay on behalf of a low-income tenant in Davenport, Iowa for a two-bedroom apartment is between $858 and $1,048.

Sourced from federal housing data and AffordableHousingOnline.com research.