Cheap Apartments for Rent in Davenport, IA from $400 (153 Rentals)

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Search the lowest-cost Apartments available for rent right now in Davenport.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 2325 McKinley Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

2325 McKinley Ave

DavenportIA52802

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Davenport, IA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Davenport, IA

Pricing Updated: 07/22/2026

Current apartment rentals in the Davenport, IA area range in price from $488 to $3,315 with an overall median price of $1,297. The three Davenport neighborhoods with the lowest median rent pricing are Northwest Davenport at $650, West End at $615, and McClellan Heights at $576. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Davenport Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northwest Davenport$1,095$65014
West End$1,110$61533
McClellan Heights$1,225$576119
The Village$1,225$560135
North Side$1,240$48888
Hilltop Davenport$1,250$560128
Near North Side$1,260$560152
East End$1,275$560128
Vander Veer Park$1,290$560152
Crescent Warehouse Historic District$1,300$560113

Cheapest Available Davenport Apartments for Rent

 

The cheapest available apartment rental in Davenport, IA is a 1 Bed unit found at Ecumencial New Horizons in the North Side neighborhood priced from $488. Jersey Meadows in the North Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Davenport apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ecumencial New Horizons1002 Ash #6 (Apartment)1BR,1BA$488
Jersey MeadowsOne Bedroom Large (Top Floor)1BR,1BA$550
Duplexes LLC3 Bedroom Duplex3BR,1BA$597
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$650
Candlelight CourtStudioStudio,1BA$650
Jebens Court Apartments1 bed1BR,1BA$650
Williamsburg ApartmentsStudioStudio,1BA$700
3240 Heatherton Dr1 Bedroom1BR,1BA$700
Andresen Flats1 Beds, 1 Baths1BR,1BA$700

Best Value Apartments for Rent in Davenport, IA

As of July 23, 2026 the best value apartment in the Davenport area is the $0.35 price per square foot 2344 W 3rd St Model at 2344 W 3rd St, Unit 2344 in the in the Douglas Park neighborhood starting from $900. The second greatest value Davenport apartment is the 2523 LeClaire St Model at 2523 LeClaire St, Unit 2523 starting at $1,350 with a $0.76 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Davenport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2344 W 3rd St, Unit 23442344 W 3rd St2BR,2BA$0.35
2523 LeClaire St, Unit 25232523 LeClaire St3BR,1BA$0.76
Candlelight ParkFitzgerald Townhome3BR,1.5BA$0.83
Pierce School Lofts1 Bedroom / 1 Bath1BR,1BA$0.88
The Row at 35throw-2th2BR,2BA$0.88
Bucktown Lofts1 BR/ 1 BA1BR,1BA$0.84
2111 W 6th St, Unit 21112111 W 6th St2BR,1BA$0.70
Duplexes LLC3 Bedroom Duplex3BR,1BA$0.63
Oak Valley ApartmentsTwo Bedroom2BR,1BA$0.90
Jersey MeadowsOne Bedroom Large (Top Floor)1BR,1BA$0.93

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Davenport Overview

A charmingly rustic gem on the banks of the Mississippi River, Davenport IA is complete with country charm, modern architecture, and beautiful vistas of the Mississippi valley. The third largest city in Iowa, the people, activities, and landmarks that fill Davenport create a idyllic picture of a neighborhood community that is a perfect fit for every kind of apartment owner. 

Why live in Davenport, IA?

Davenport is an easy to overlook city, which adds even more color to its innate charm. From riverside to city center, living here is made special by the people who inhabit it. Apartments in Davenport offer a true feeling of community through gathering close-knit relationships, a stong work ethic, and a guarded love of their city’s deep history. No matter how long you stay in Davenport, it will always feel like home. 

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Davenport Apartments

What is a cheap apartment in Davenport?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Davenport is under $700.

What is the price of a cheap apartment in Davenport?

The cheapest apartment in Davenport is Ecumencial New Horizons which is listed at $488, while the average apartment in Davenport costs $1,297.

What types of apartments are the cheapest in Davenport?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 179 regular apartments in Davenport that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Davenport?

Cheap apartments in Davenport have an average cost of $264 which is $1,033 cheaper than the average rent for all rentals in Davenport.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.