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RentData.org Logo Davenport-Moline-Rock Island Fair Market Rent FY 2019 Davenport-Moline-Rock Island, IA-IL MSA Rental Data

Fair Market Rent Prices in Davenport-Moline-Rock Island, IL :
$556 $648 $830 $1,087 $1,225
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 50th Percentile Metro Area

Fair Market Rent prices in Davenport-Moline-Rock Island are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Davenport-Moline-Rock Island is $830 per month.

The previous year, rent for a two-bedroom home was $778 per month. This is a 6.68% 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 Illinois which is listed in the table below. Estimated population of Davenport-Moline-Rock Island, IA-IL MSA FMR area is 50,486 people based on latest Census data.

Compared to the rest of Illinois, the Davenport-Moline-Rock Island FMR area is more expensive than 88% of the state.

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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 $ 589
1-BR 1-Bedroom $ 687
2-BR 2-Bedroom $ 880
3-BR 3-Bedroom $ 1152
4-BR 4-Bedroom $ 1299
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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
Davenport-Moline-Rock Island, IL Metro 50,486
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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