Cheap Apartments for Rent in the Central Davenport Neighborhood of Davenport, IA from $400 (21 Rentals)

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

property at 1208 W 5th St

$625

1 Bedroom, 1 Bath Home for Rent

Available Now

1208 W 5th St

DavenportIA52802
property at 611 N Perry St

$650 - $675

Studio To 1 Bedroom Rentals

Available Now

611 N Perry St

DavenportIA52803

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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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Fejervary
1 Bedroom Apartments

Fejervary

124 W 13th StDavenport, IA 52803
  • Utilities Included

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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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The Brenton Lofts
Studio to 1 Bedroom Apartments

The Brenton Lofts

1606 Brady StDavenport, IA 52803
  • Utilities Included
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The Davenport
Studio to 2 Bedroom Apartments

The Davenport

324 Main StDavenport, IA 52801
  • Utilities Included
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Kahl Lofts
Studio to 3 Bedroom Apartments

Kahl Lofts

326 W 3rd StDavenport, IA 52801
  • Utilities Included
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Schricker Apartments
Studio to 1 Bedroom Apartments

Schricker Apartments

401 W 4th StDavenport, IA 52801
  • Utilities Included
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LaFayette Square
2 to 4 Bedroom Apartments

LaFayette Square

625 W 4th StDavenport, IA 52801
  • Utilities Included

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.

Central Davenport, Davenport, IA Local Guide

Cheapest Available Central Davenport Apartments for Rent

 

The cheapest available apartment rental in the Central Davenport area of Davenport, IA is a 1 Bed unit found at RIVERWALK LOFTS priced from $650. Apartments on Main has the second lowest priced unit, which is a Studio apartment currently listed from $750. Here are the most affordable Central Davenport apartments for rent in Davenport, IA:

Apartment ListingModel NameBed/BathPriced From
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$650
Apartments on MainStudioStudio,1BA$750
Pershing Hill LoftsStudioStudio,1BA$818
Crescent LoftsIncome Restricted1BR,1BA$824
Christie Park Apartments1BR/1.0BA1BR,1BA$875

Best Value Apartments for Rent in Central Davenport, IA

As of April 15, 2026 the best value apartment in the Central Davenport area is the $1.37 price per square foot 2BR/2BA Model at Bowstring Lofts in the in the Vander Veer Park neighborhood starting from $1,675. The second greatest value Central Davenport apartment is the 1bd/1ba Model at Davenport Bank Apartments starting at $1,250 with a $1.04 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Central Davenport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bowstring Lofts2BR/2BA2BR,2BA$1.37
Davenport Bank Apartments1bd/1ba1BR,1BA$1.04
906 Charlotte St, Unit 906906 Charlotte St2BR,1BA$0.87
Market Lofts in the Heart of Downtown Devenport1BR/1.0BA1BR,1BA$1.29
Democrat Lofts1x11BR,1BA$1.09
Crescent LoftsMarket 1 bed 1.5 bath1BR,1.5BA$1.19
The Penthouse DavenportOne Bedroom1BR,1BA$1.25
Christie Park Apartments1BR/1.0BA1BR,1BA$1.19
Harrison Lofts1 Bedroom1BR,1BA$1.22
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$0.99

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Pet Friendly Lifestyle
Central Davenport, Davenport, IA

Ranked #15

Among cities in Iowa for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Central Davenport Apartments

What is a cheap apartment in Central Davenport?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central Davenport is under $930.

What is the price of a cheap apartment in Central Davenport?

The cheapest apartment in Central Davenport is RIVERWALK LOFTS which is listed at $650, while the average apartment in Central Davenport costs $1,612.

What types of apartments are the cheapest in Central 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 22 regular apartments in Central 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 Central Davenport?

Cheap apartments in Central Davenport have an average cost of $369 which is $1,243 cheaper than the average rent for all rentals in Central 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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.