Davenport today
| Typical value | Typical rent | Gross yield | |
|---|---|---|---|
| Single family house | $345,000 | $2,260 | 7.9% |
| Condo or townhome (apartment rent) | $198,000 | $1,700 | 10.3% |
What this means
The past year cost Davenport owners about 3.2% in value, now 12% below the Sep 2022 peak.
House gross yield today: 7.9% (close to Florida houses at 8.1%). The specific deal (price, condition, HOA) decides cash flow.
Rents are area estimates; check comps for the exact house. Sources and method: how these figures are built.
Go deeper: Dane's detailed guides for this area: Davenport and Haines City Vacation Rental Loans, Davenport Short Term Rental Jurisdiction.
Quick facts
| Davenport | vs Polk County | vs Florida | |
|---|---|---|---|
| Population | 18,110 (2025 estimate) | ||
| Growth since 2020 | 94.8% | +74.1 pts | +85.9 pts |
| Median home value | $333,300 | 25% higher | 7% lower |
| Median gross rent | $1,914 | 40% higher | 15% higher |
| Median household income | $73,685 | 12% higher | 1% lower |
| Gross rent yield | 6.89% | +0.8 pts | +1.3 pts |
| Owner occupied homes | 89.3% | +18.8 pts | +21.7 pts |
| Residents 65 and older | 8.3% | −11.2 pts | −13.0 pts |
| Average commute (minutes) | 41 | 35% higher | 47% higher |
| Homes built 2010 or later | 71.2% | +53.3 pts | +57.0 pts |
| Median property tax paid | $3,457 | 79% higher | 27% higher |
Census survey figures are 2020 to 2024 averages; methods.
Living in Davenport
Polk County city in the Central Florida Highlands, settled in 1838 as Fort Davenport and incorporated in 1915.
Davenport is an incorporated city in Polk County, with its own zoning and rental rules.
Known for: Posner Park; AdventHealth Heart of Florida
How it has grown: US 17/92 runs through town and Interstate 4 is about 8 miles north; the CSX main line still crosses the city.
Against the Polk County averages, it grew faster than the county since 2020 (94.8% vs 20.7%); housing is newer (71.2% built since 2010 vs 17.9%); typical rent is $1,914, above the county's $1,363 and households are larger (3.38 vs 2.68 people).
Out of 150 cities covered here, Davenport sits at 108 on price, 20 on rent yield and 84 on income.
Cities with similar prices and rents: Brandon ($339,000, $1,784), Four Corners ($351,800, $1,847), North Port ($362,500, $1,894).
Growth and housing
Population went from 9,297 in 2020 to 18,110 in 2025 (94.8%), versus 20.7% for Polk County.
| 2025 building permits | Davenport |
|---|---|
| Single family | 308 |
| 5 or more units | 0 |
| Total units | 308 |
| Per 1,000 residents | 17.0 |
71.2% of homes are 2010 or newer, so HOA dues and CDD assessments are common. CDD fees
Median year built: 2015. Detached houses dominate (83.8% of homes). Average household size is 3.38.
8.8% of residents moved in from another state in the past year (county 3%).
Risks to price in
| Risk item | Detail |
|---|---|
| County average homeowners insurance with wind | $2,767 a year |
Flood, storms and jobs
No CRS flood discount applies inside Davenport city limits. Insured homes in the city filed 5 flood claims since 2000, with $2,940 paid. Countywide, 3.9% of homes sit in a FEMA high risk zone; the Polk County guide has the full flood, storm and jobs picture.
Buying a home in Davenport
| 2026 loan limits (county) | Amount |
|---|---|
| FHA, one unit | $541,287 |
| Conforming, one unit | $832,750 |
| Median home value here | $333,300 |
Price to income: 4.5x, compared with 4.0x for the county.
- Conventional: mortgage insurance drops off as equity builds.
- FHA: works for the typical $333,300 home here.
Sample FHA payment at $333,300
| Item | Monthly |
|---|---|
| Principal and interest (7.32%, 3.5% down) | $2,248 |
| Property tax (1.04%) | $289 |
| Insurance (county average) | $231 |
| FHA mortgage insurance | $150 |
| Total before HOA or CDD | $2,918 |
| Income needed at a 45% debt ratio | $77,800 a year |
Example, not a quote. Assumptions. Down payment help: Florida Housing.
Short term rental rules
Two or more jurisdictions cover Davenport, so look up the parcel first.
City of Davenport Unclear
| Where | The city site has no short term rental page. Many homes with a Davenport mailing address (ChampionsGate, Solterra, Windsor Island area) sit in unincorporated Polk County or Osceola County, where county rules apply instead. |
|---|---|
| Licenses and fees | City business license through the Building Department; state DBPR license; Polk County business tax receipt and tourist tax |
| Also | Confirm whether the parcel is inside city limits, then call Development Services at (863) 419 3300. |
Not fully confirmed from an official source. Treat this as a starting point. Checked 2026-10-29. Source: City of Davenport zoning and Land Development Regulations; City of Davenport FAQ.
Unincorporated Polk County Allowed, no county rental ordinance found
No county wide short term rental ordinance was found on official county sites. Full county rules and sources.
Florida law (s. 509.032) bars new local bans on vacation rentals but keeps rules adopted by June 1, 2011, and lets cities and counties require registration, inspections and occupancy limits. HOA and condo documents can still ban rentals. Rules change, so confirm the exact address before you buy.
Investing in Davenport
| Rental math at the median | Value |
|---|---|
| Price / rent | $333,300 / $1,914 |
| Estimated net cap rate | 3.4% to 4.3% |
| DSCR at 25% down | 0.86 |
| Down payment for DSCR 1.0 | 40% down |
| Down payment for DSCR 1.25 | 56% down |
Long term rentals
| Davenport | vs Polk County | |
|---|---|---|
| Renter occupied homes | 10.7% | −18.8 pts |
| Rental vacancy | 9.7% | +4.6 pts |
| Rent as share of renter income | 49.2% | +16.9 pts |
Short term rentals
With 7.6% of homes kept for seasonal use, Davenport is a true vacation market.
| Short term rental taxes | Rate |
|---|---|
| County tourist development tax | 5% |
| State sales tax | 6% plus any county surtax |
Check the address against local zoning and the HOA documents first. State rules
Property types
| Housing stock | Share |
|---|---|
| Single family detached | 83.8% |
| Buildings with 5+ units | 1.9% |
| Manufactured homes | 11.2% |
Nearby
Other Florida markets
Sources
- U.S. Census Bureau, American Community Survey 2020 to 2024 5 year estimates. 2020 to 2024.
- U.S. Census Bureau, Population Estimates, Vintage 2025. July 1, 2025.
- U.S. Census Bureau, Building Permits Survey, 2025 annual. 2025.
- FFIEC HMDA Data Browser, originated loans. 2025 and 2024.
- LendingTree: 2026 FHA loan limits in Florida by county (HUD figures). 2026.
- Florida Realtors: FHFA sets 2026 conforming loan limits. 2026.
- Florida Office of Economic and Demographic Research: 2026 local option tourist tax rates. 2026.
- Florida Office of Insurance Regulation, July 2026 Insurance Stability Unit report (average homeowners premium with wind, as of March 31, 2026). March 31, 2026.
- Freddie Mac Primary Mortgage Market Survey. week of October 22, 2026.
- Wikipedia: List of counties in Florida. checked October 2026.
- U.S. Census Bureau county adjacency file. 2024.
- Wikipedia county article and statewide lists (colleges, teams, airports); Florida Defense Support Task Force installation map. checked October 2026.
- Wikipedia article for this place (history, setting, roads). checked October 2026.
- Zillow Observed Rent Index (ZORI), all homes and apartments, smoothed. September 2026.
- Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted. September 2026.
- Federal Housing Finance Agency House Price Index (county annual, metro and state quarterly, all transactions). through Q2 2026.
- U.S. Census Bureau, Building Permits Survey, January to September 2026 and 2025. September 2026.
- FEMA OpenFEMA, NFIP Residential Penetration Rates. as of August 2026.
- FEMA OpenFEMA, FIMA NFIP Redacted Claims (2000 to 2026). as of September 2026.
- FEMA OpenFEMA, NFIP Community Status Book (Community Rating System class). August 2026.
- FEMA OpenFEMA, Disaster Declarations Summaries (2000 to 2026). October 2026.
- U.S. Census Bureau, County Business Patterns 2023. 2023.
- U.S. Census Bureau, ACS 2020 to 2024, median gross rent by bedrooms (B25031). 2020 to 2024.
- City of Davenport zoning and Land Development Regulations. checked 2026-10-29.
- City of Davenport FAQ. checked 2026-10-29.
- Polk County Tax Collector, TA 05-01 Real Estate Property Rentals. checked 2026-10-29.
- Polk County Tax Collector, Tourist Development Taxes. checked 2026-10-29.
- Hurricane landfalls: Wikipedia, List of Florida hurricanes (2000 to present). checked October 2026.
Estimates from public data; they change over time. General information, not investment, tax or legal advice, and not a loan offer. Methods and assumptions.