The Penthouse Davenport
229 W 3rd St,
Davenport, IA 52801
$1,000 - $1,350
1 Bed
Downtown Davenport
Davenport, IA
Downtown Davenport - Davenport, IA
Area Guide
The thriving center of Iowa’s Front Porch
Historic
•
Modern
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Urban
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Walkable
•
Riverside
•
Vibrant
•
Nestled in the economic heart of the Quad Cities region, Downtown Davenport boasts an array of restaurants, coffee shops, pubs, and cultural amenities. Historic brick buildings contain numerous modern delights in Downtown Davenport, from craft breweries to boutique fitness studios.
Residents and visitors alike flock to the area to explore metropolitan features like the Adler Theatre, Figge Art Museum, Bucktown Center for the Arts, and the German American Heritage Center and Museum. Downtown Davenport also hosts a bevy of exciting events such as Street Fest, River Roots Live, and Red White & Boom.
Locals can engage in riverfront recreation along the mighty Mississippi at LeClaire Park and Bandshell, and see the Quad Cities River Bandits play ball at Modern Woodmen Park. Convenience to U.S. 67 and the Centennial Bridge makes getting around from Downtown Davenport simple.
Rent Trends
As of October 2025, the average apartment rent in Downtown Davenport is $926 for a studio, $1,285 for one bedroom, $1,357 for two bedrooms, and $1,701 for three bedrooms. Apartment rent in Downtown Davenport has increased by 2.0% in the past year.
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Studio
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327 sq ft
Average Sq Ft
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$926/month
Average Rent
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1 BR
-
732 sq ft
Average Sq Ft
-
$1,285/month
Average Rent
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2 BR
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1,032 sq ft
Average Sq Ft
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$1,357/month
Average Rent
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3 BR
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1,412 sq ft
Average Sq Ft
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$1,701/month
Average Rent
Transportation
85
Very Walkable
out of 100 WalkScore® Rating
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
72
Very Bikeable
out of 100 BikeScore® Rating
This area is very bikeable. You’ll find a variety of bike paths and lanes.
Points of Interest
Shopping Centers
Parks and Recreation
- Quad City Botanical Center
- Vander Veer Botanical Park
- Putnam Museum & IMAX
- Longview Park and Conservatory
- Schuetzen Park Historic Site
Military Bases
Airports
- Quad Cities International
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.