Mortgage payment estimates, closing cost breakdowns, and homebuying data for Davenport, Iowa.
Pre-filled with Davenport median home price and Iowa tax/insurance rates. Adjust for your property.
Estimated closing costs based on Iowa rates and fees applied to Davenport prices.
The median home price in Davenport is $155,000, 26% below the Iowa state median of $210,000. With a population of 101,724, Davenport is a mid-size city where home prices tend to be more accessible than in many parts of Iowa.
Property taxes in Iowa average 1.52% annually. This higher-than-average tax rate means a $155,000 home in Davenport would carry roughly $196/month in property taxes alone — plan accordingly. Homeowners insurance in Iowa runs approximately $1,800 per year. This is within the normal range nationally.
Average rent in Davenport is $880/month. With a price-to-rent ratio under 15, buying may be more cost-effective than renting in Davenport over the long term.
Davenport offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Iowa's IFA FirstHome program.