Location: Davenport-Moline-Rock Island, IA | Metro: Davenport-Moline-Rock Island, IA-IL MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $950 |
| 1 Bedroom | $1,030 |
| 2 Bedrooms | $1,280 |
| 3 Bedrooms | $1,690 |
| 4 Bedrooms | $2,060 |
| 5 Bedrooms | $2,390 |
| 6 Bedrooms | $2,677 |
| 7 Bedrooms | $2,891 |
| 8 Bedrooms | $3,036 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,690 | $331,360 | 0.51% | F |
U.S. Census Bureau data (2024)
ZIP code 52746, located within the Davenport-Moline-Rock Island, IA-IL Metropolitan Statistical Area (MSA), exhibits characteristics that position it as a value pocket within the broader metro context. The Fair Market Rent (FMR) for ZIP 52746 is set at $980 for fiscal year 2024, which is notably lower than the market rent of $1,137. This suggests that while the actual rental market demands slightly higher rents, the government's benchmark for affordable housing remains relatively low.
The median home value in ZIP 52746 stands at $305,790, which is below the average for typical ZIP codes in the Davenport-Moline-Rock Island MSA. This indicates that property prices in 52746 are generally more affordable compared to other areas within the same metropolitan area. Furthermore, the renter share in this ZIP code is 15.8%, which is a significant portion of the population but still below the national average. However, the combination of a moderate renter share and below-average home values can signal a sweet spot for Section 8 investors looking for properties that offer both affordability and potential for stable occupancy.
In summary, ZIP 52746 presents itself as an attractive value pocket within the Davenport-Moline-Rock Island MSA, with a lower FMR of $980 compared to the market rent of $1,137 and a median home value of $305,790. These figures suggest that the area offers opportunities for investors interested in affordable housing options without compromising on the quality of the location.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.