Location: Davenport-Moline-Rock Island, IA | Metro: Davenport-Moline-Rock Island, IA-IL MSA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $1,090 |
| 1 Bedroom | $1,180 |
| 2 Bedrooms | $1,460 |
| 3 Bedrooms | $1,930 |
| 4 Bedrooms | $2,350 |
| 5 Bedrooms | $2,726 |
| 6 Bedrooms | $3,053 |
| 7 Bedrooms | $3,297 |
| 8 Bedrooms | $3,462 |
U.S. Census Bureau data (2024)
ZIP code 52758 is positioned within the Davenport-Moline-Rock Island, IA-IL Metropolitan Statistical Area (MSA). To understand its standing relative to other ZIP codes in the same MSA, we can analyze its Fair Market Rent (FMR) and market rent figures, home values, and the percentage of renters.
The Fair Market Rent for ZIP 52758 in fiscal year 2024 is set at $1,360. This is slightly above the market rent figure of $1,269, indicating that it aligns closely with the subsidized rental rates offered under the Section 8 program. When compared to the broader MSA, where average rents might be lower, this suggests that 52758 could be considered a mid-tier neighborhood, offering moderate rental prices that are somewhat higher than the market average but still accessible to many tenants.
The median home value in ZIP 52758 stands at $200,600. This figure is reflective of a middle-class area, neither being the most expensive nor the least valued within the MSA. The home values suggest a stable residential market that is not particularly premium, nor does it indicate a distressed or low-value property environment.
The renter share in ZIP 52758 is 20.5%. This percentage is indicative of a neighborhood where a significant portion of residents are renters, which is often beneficial for landlords due to higher demand for rental properties. However, it does not necessarily signal a high concentration of Section 8 participants unless the renter share is disproportionately higher than the average across the MSA.
Given the specific figures, ZIP 52758 appears to be a mid-tier neighborhood within the Davenport-Moline-Rock Island, IA-IL MSA. It offers rental rates that are slightly above market average, making it a reasonable choice for landlords looking for a balance between accessibility and profitability. The home values suggest a solid investment opportunity, while the renter share indicates a healthy demand for rental units. There is no significant divergence that would categorize it as either a value pocket or a premium sub-market based on the provided data.
Data Sources: FMR data from HUD (2027). 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.