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RentData.org Logo Davenport-Moline-Rock Island Fair Market Rent FY 2023 Davenport-Moline-Rock Island, IA-IL MSA Rental Data

Fair Market Rent Prices in Davenport-Moline-Rock Island, IL :
$606 $733 $906 $1,193 $1,353
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Davenport-Moline-Rock Island are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Davenport-Moline-Rock Island is $906 per month.

The previous year, rent for a two-bedroom home was $805 per month. This is a 12.55% increase year-over-year.

This FMR rate applies to Bishop Hill, IL, Ophiem, IL, Osco, IL, Hooppole, IL, Andover, IL, Lynn Center, IL, Altona, IL, Alpha, IL, Woodhull, IL, New Windsor, IL and other cities within the region. The Metro Code or CBSA code for this region is METRO19340M19340.

Additionally, This Fair Market Rent (FMR) area Davenport-Moline-Rock Island, IA-IL MSA spans one county or city in which is listed in the table below. Estimated population of Davenport-Moline-Rock Island, IA-IL MSA FMR area is 49,032 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Davenport-Moline-Rock Island. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Davenport-Moline-Rock Island

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 643
1-BR 1-Bedroom $ 778
2-BR 2-Bedroom $ 962
3-BR 3-Bedroom $ 1266
4-BR 4-Bedroom $ 1437
Change Year:

There is just one county (listed below) within the Davenport-Moline-Rock Island, IA-IL MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Davenport - R. Island - Moline.

County / Region Est. Population
, IL Metro 49,032
Zip Codes in Davenport-Moline-Rock Island, IA-IL MSA

There are 21 unique zip codes in this Fair Market Rent (FMR) area:

61233, 61234, 61235, 61238, 61240, 61241, 61250, 61254, 61258, 61262, 61273, 61274, 61277, 61413, 61414, 61419, 61434, 61443, 61465, 61468 and 61490

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