Davenport-Moline-Rock Island vs Panama City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Davenport-Moline-Rock Island is 15% cheaper for renters. A 2-bedroom rents for $764/mo vs $879/mo in Panama City — saving $1,380/year.
Rent by Unit Size
| Unit Size | Davenport-Moline-Rock Island | Panama City | Difference |
|---|---|---|---|
| Studio | $514 | $571 | $57 |
| 1 Bedroom | $641 | $706 | $65 |
| 2 Bedrooms | $764 | $879 | $115 |
| 3 Bedrooms | $963 | $1,032 | $69 |
| 4 Bedrooms | $1,142 | $1,302 | $160 |
| Median Income | $48,378 | $44,385 | $3,993 |
Davenport-Moline-Rock Island
- Studio
- $514/mo
- 1 BR
- $641/mo
- 2 BR
- $764/mo
- 3 BR
- $963/mo
- 4 BR
- $1,142/mo
- Median Income
- $48,378/yr
Panama City
- Studio
- $571/mo
- 1 BR
- $706/mo
- 2 BR
- $879/mo
- 3 BR
- $1,032/mo
- 4 BR
- $1,302/mo
- Median Income
- $44,385/yr
Frequently Asked Questions
Is Davenport-Moline-Rock Island or Panama City cheaper to rent in?
Davenport-Moline-Rock Island is cheaper — a 2-bedroom Fair Market Rent is $764/mo vs $879/mo in Panama City. That's $115/mo or $1,380/year more expensive in Panama City (15% higher).
What is the 2-bedroom rent in Davenport-Moline-Rock Island vs Panama City?
The HUD Fair Market Rent for a 2-bedroom in Davenport-Moline-Rock Island is $764/month. In Panama City, a 2-bedroom FMR is $879/month.
How do incomes compare between Davenport-Moline-Rock Island and Panama City?
The median household income in Davenport-Moline-Rock Island is $48,378/year. In Panama City it is $44,385/year. Davenport-Moline-Rock Island has the higher median income.
What is the studio rent in Davenport-Moline-Rock Island vs Panama City?
A studio apartment Fair Market Rent in Davenport-Moline-Rock Island is $514/mo. In Panama City it is $571/mo.