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Rent Inflation in Davenport, IA

The average asking rent in Davenport, IA is $1,009/month as of 2026-08. That is +4.9% compared to a year ago.

Source: Zillow Observed Rent Index (ZORI) | zillow.com/research

Current Avg Rent

$1,009/mo

as of 2026-08

Year-over-Year Change

+4.9%

24-Month Rent Trend

Monthly ZORI index values for Davenport, IA.

MonthAvg Asking RentChange from Prior Month
2026-08$1,009+0.00%
2026-07$1,009+0.20%
2026-06$1,007+0.50%
2026-05$1,002+0.80%
2026-04$994+1.12%
2026-03$983+0.61%
2026-02$977+0.72%
2026-01$970+0.10%
2025-12$969-0.21%
2025-11$971+0.31%
2025-10$968+0.00%
2025-09$968+0.62%
2025-08$962-0.10%
2025-07$963-0.21%
2025-06$965+0.00%
2025-05$965+0.63%
2025-04$959+0.74%
2025-03$952+0.95%
2025-02$943-0.11%
2025-01$944-0.42%
2024-12$948-0.32%
2024-11$951-0.11%
2024-10$952+0.21%
2024-09$950—

Why Rent Inflation Matters

Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.

When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.

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Data Source

Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices