Cheap Apartments for Rent in Davenport, IA from $400 (123 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Davenport, IA Local Guide

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Cheapest Neighborhoods for Apartments in Davenport, IA

Pricing Updated: 06/23/2025

Current apartment rentals in the Davenport, IA area range in price from $497 to $2,400 with an overall median price of $1,336. The three Davenport neighborhoods with the lowest median rent pricing are Northwest Davenport at $685, Hilltop Davenport at $550, and West End at $550. 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$1,072$68523
Hilltop Davenport$1,122$550121
West End$1,150$55024
The Village$1,156$497157
Near North Side$1,163$497174
Vander Veer Park$1,163$497175
Gold Coast$1,195$550100
Jefferson$1,195$550114
Riverview Terrace$1,195$55094
Southwest Gateway$1,195$55089

Cheapest Available Davenport Apartments for Rent

 

The cheapest available apartment rental in Davenport, IA is a 1 Bed unit found at Redstone Commons in the Vander Veer Park neighborhood priced from $497. Jersey Meadows in the North Side neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $595. Here is today’s list of the most affordable Davenport apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Redstone CommonsOne Bedroom1BR,1BA$497
Jersey MeadowsOne Bedroom Large (Top Floor)1BR,1BA$595
Candlelight CourtStudioStudio,1BA$600
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$620
Carriage Hill Apartments1 Bedroom1BR,1BA$625
Heatherton 30Heatherton 30 - StudioStudio,1BA$625
Shire and Rivendell Apartments1BR/1BA1BR,1BA$650
Oak Valley ApartmentsTwo Bedroom2BR,1BA$658
Lincoln Manor ApartmentsOne bedroom1BR,1BA$695

Best Value Apartments for Rent in Davenport, IA

As of June 23, 2025 the best value apartment in the Davenport area is the $0.62 price per square foot 1x1 Model at Democrat Lofts in the in the Vander Veer Park neighborhood starting from $900. The second greatest value Davenport apartment is the 2 Bedroom / 1 Bath Model at Pierce School Lofts starting at $1,325 with a $0.92 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.
Democrat Lofts1x11BR,1BA$0.62
Pierce School Lofts2 Bedroom / 1 Bath2BR,1BA$0.92
328 W Hayes St, Unit Upper Unit328 W Hayes St2BR,1BA$0.69
2900 8 1/2 Ave, Unit 222900 8 1/2 Ave3BR,2BA$0.83
2512 18th Ave, Unit Half2512 18th Ave2BR,1BA$0.91
911 Hillside Dr, Unit 911 Hillside Drive911 Hillside Dr2BR,1BA$0.73
2216 W 3rd St, Unit DOWNSTAIRS2216 W 3rd St1BR,1BA$0.76
Oak Valley ApartmentsTwo Bedroom2BR,1BA$0.81
Carriage Hill Apartments1 Bedroom1BR,1BA$0.88
Redstone CommonsOne Bedroom1BR,1BA$0.78

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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. 

Davenport, IA
Population: 102,085

Ranked #305

in US Census Population by City

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Best Local Schools in
Davenport, IA

School data provided by Great Schools

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

Explore Davenport, IA Rentals by Map

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See the most popular apartments and homes in Davenport, IA

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Getting Around Davenport, IA

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $695.

What is the price of a cheap apartment in Davenport?

The cheapest apartment in Davenport is Redstone Commons which is listed at $497, while the average apartment in Davenport costs $1,336.

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 136 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 $198 which is $1,138 cheaper than the average rent for all rentals in Davenport.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.