Side-by-side comparison of home prices, mortgage payments, and housing costs between Davenport and Sioux City, Iowa. Using Iowa's 1.52% property tax rate and $1,800/year insurance. Updated for 2026.
Davenport edges out Sioux City in affordability, saving you roughly $73/month on total housing costs. Both cities are in Iowa, so property tax rates and insurance costs are the same — the difference comes down to home prices and what you get for your money in each market.
Estimated PITI payments assuming 10% down, 6.5% rate, 30-year fixed mortgage with PMI. Uses Iowa's 1.52% property tax rate.
Buying in Davenport saves you approximately $73/month ($876/year) compared to Sioux City, based on median home prices with identical loan terms.
Davenport is the better choice for first-time buyers, with a median price of $155K versus $165K in Sioux City. That's $10K less to save for a down payment. You'd need roughly $5K for an FHA 3.5% down payment in Davenport, compared to $6K in Sioux City. Iowa offers the IFA FirstHome program ($2,500 grant) which applies in both cities.
Davenport has the better price-to-rent ratio at 14.7x versus 16.2x in Sioux City. A lower ratio generally signals better rental income relative to purchase price. Average rent in Davenport is $880/month on a $155K median home, making it a stronger candidate for buy-and-rent investors.
Davenport (pop. 101,724) offers more amenities, schools, and services typical of a larger city, while Sioux City (pop. 85,797) may offer a quieter, more community-oriented lifestyle. Davenport offers both more options and lower housing costs, making it attractive for families who want urban amenities without a premium price.