Rent to own Homes in Davenport, IA
Located in the middle of the country, Davenport, Iowa, is a great place to live and raise a family. The city has everything both big cities and small towns have - entertainment, nightlife, museums, sports, outdoor activities, and hometown festivals. The city, which runs alongside the Mississippi River, has a population of close to 100,000 residents and is halfway between Chicago and Des Moines, IA. Today, Davenport is an exciting mixture of background and cultures.
Davenport, IA is a great place for affordable rent-to-own homes! With a median household income of over $53,140 and a median rent of $786, the Davenport, IA rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Davenport, IA. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Davenport, IA Property Resources
Rent to own Homes in Cities Near Davenport, IA
- Andalusia
- Andover
- Argo
- Barstow
- Blue Grass
- Buffalo
- Cable
- Camanche
- Campbells Island
- Carbon Cliff
- Cleveland
- Clinton
- Coal Valley
- Colona
- Coyne Center
- De Witt
- Dixon
- Edgington
- Geneseo
- Grand Mound
- Hamlet
- Hillsdale
- Illinois City
- Joslin
- Low Moor
- Lynn Center
- Matherville
- Maysville
- McCausland
- Milan
- Moline
- Montpelier
- New Windsor
- Oak Grove
- Ophiem
- Orion
- Osco
- Panorama Park
- Port Byron
- Preemption
- Princeton
- Reynolds
- Riverdale
- Rock Island
- Rock Island Arsenal
- Silvis
- Stockton
- Swedona
- Taylor Ridge
- Viola
Neighborhoods in Davenport, IA
Downtown Davenport rent to own homes McClellan Heights rent to own homes Vander Veer Park rent to own homes Gold Coast rent to own homes Crescent Warehouse Historic District rent to own homes The Village rent to own homes Centennial Gateway rent to own homes Southwest Gateway rent to own homes Riverview Terrace rent to own homes Hilltop rent to own homesPopular Zip Codes in Davenport, IA
52808 rent to own homes 52801 rent to own homes 52803 rent to own homes 52802 rent to own homes 52809 rent to own homes 52806 rent to own homesBuying a Home in Davenport, IA
Davenport, IA is seeing rapid growth and Davenport, IA's' housing market remains optimal with an average home price that is -38% below the 2024 national average. Davenport, IA is part of Scott county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Scott is 1.35% which is above the national average, which is 0.99%.