Median Home PriceBETTER
$233,631.16
Median RentBETTER
$1,060.07/mo
Price-to-Rent RatioBETTER
18.4
Property Tax RateTIE
1.53%
Price Change (1Y)BETTER
+2.6%
Price Change (5Y)BETTER
+12.9%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$150,488
Median Home Price
$274,733.81
Median Rent
$1,209.31/mo
Price-to-Rent Ratio
18.9
Property Tax RateTIE
1.53%
Price Change (1Y)
+1.9%
Price Change (5Y)
+9.3%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$195,035
Key Differences
Home Prices
Davenport's median home price of $233,631.16 is lower than Des Moines's $274,733.81 by 15%.
Monthly Rent
Renting in Davenport costs $1,060.07/mo compared to $1,209.31/mo in Des Moines—a difference of $149.24/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.