Cheap Apartments for Rent in the Downtown Davenport Neighborhood of Davenport, IA from $400 (67 Rentals)

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

property at 1208 W 5th St

$625

Total Monthly Price

Total Monthly Price

Base Rent
$625
Total Monthly Price
$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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1316 E 10th St
$695 - $725
Total Monthly Price

Total Monthly Price

Base Rent
$695 - $725
Total Monthly Price
$695 - $725
Studio to 1 Bedroom Apartment Available Now

1316 E 10th St

1316 E 10th StDavenport, IA 52803
Furnished
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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 1603 W 10th St

$700 - $800

1 To 2 Bedroom Rentals

Available Now

1603 W 10th St

DavenportIA52804

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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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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property at 2224 Iowa St

$895 - $925

2 Bedroom Rentals

Available Now

2224 Iowa St

DavenportIA52803
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Fejervary
1 Bedroom Apartments

Fejervary

124 W 13th StDavenport, IA 52803
  • Utilities Included
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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

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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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
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Jersey Ridge Manor
1 to 2 Bedroom Apartments

Jersey Ridge Manor

2056 Jersey Ridge RdDavenport, IA 52803
  • Utilities Included
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Burtlen House
1 to 2 Bedroom Apartments

Burtlen House

2925 Dubuque StDavenport, IA 52803
  • Utilities Included
property at 318 W Columbia Ave

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

318 W Columbia Ave

DavenportIA52803

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Downtown Davenport, Davenport, IA Local Guide

Cheapest Available Downtown Davenport Apartments for Rent

 

The cheapest available apartment rental in the Downtown Davenport area of Davenport, IA is a 1 Bed unit found at Century Woods Apartments priced from $615. RIVERWALK LOFTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable Downtown Davenport apartments for rent in Davenport, IA:

Apartment ListingModel NameBed/BathPriced From
Century Woods Apartments1 BR 1 Bath1BR,1BA$615
RIVERWALK LOFTS1 Bed 1 Bath1BR,1BA$650
Jebens Court Apartments1 bed1BR,1BA$650
405 W Columbia Ave4051BR,1BA$700
Apartments on MainStudioStudio,1BA$750
Carriage Hill1BR/1.0BA1BR,1BA$775
Pershing Hill LoftsStudioStudio,1BA$818
Crescent LoftsIncome Restricted1BR,1BA$824

Best Value Apartments for Rent in Downtown Davenport, IA

As of April 19, 2026 the best value apartment in the Downtown Davenport area is the $0.65 price per square foot 915 W 14th St Model at 915 W 14th St, Unit 915 in the in the Vander Veer Park neighborhood starting from $900. The second greatest value Downtown Davenport apartment is the 1 Bedroom / 1 Bath Model at Pierce School Lofts starting at $1,100 with a $0.88 price per square foot in the Vander Veer Park neighborhood. Here is today’s list of the best values for Downtown Davenport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
915 W 14th St, Unit 915915 W 14th St3BR,1BA$0.65
Pierce School Lofts1 Bedroom / 1 Bath1BR,1BA$0.88
Davenport Bank Apartments1bd/1ba1BR,1BA$1.04
2900 8 1/2 Ave, Unit 212900 8 1/2 Ave3BR,2BA$0.92
Halligan Coffee Company Lofts2x12BR,1BA$1.00
906 Charlotte St, Unit 906906 Charlotte St2BR,1BA$0.87
627 N Division St, Unit 627 Half627 N Division St2BR,1BA$1.06
Century Woods Apartments1 BR 1 Bath1BR,1BA$0.82
Jebens Court Apartments1 bed1BR,1BA$0.96
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
Downtown Davenport, Davenport, IA

Ranked #13

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Downtown Davenport Apartments

What is a cheap apartment in Downtown Davenport?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Davenport is under $824.

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

The cheapest apartment in Downtown Davenport is Century Woods Apartments which is listed at $615, while the average apartment in Downtown Davenport costs $1,248.

What types of apartments are the cheapest in Downtown 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 29 regular apartments in Downtown 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 Downtown Davenport?

Cheap apartments in Downtown Davenport have an average cost of $390 which is $858 cheaper than the average rent for all rentals in Downtown 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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.