City limitsPlace boundary

Curated city comparison

DavenportGreen Bay

Midwestern regional alternatives with comparable population scale and material differences across every direct-city underwriting lens.

Davenport, IA city briefGreen Bay, WI city brief

Decision memo

The trade-off before property underwriting

The interpretation uses direct city records only. County and metro averages are not substituted into this comparison.

Davenport, IA better fits cash flow and entry affordability: its Zillow gross yield is 5.78% versus 4.64% in Green Bay, WI, while its Zillow home-value index is $197,010 versus $289,378. That advantage is only a screening signal because gross yield is before operating and financing costs. Underwrite achievable unit rent, current taxes, insurance, utilities, deferred maintenance and vacancy at the property level.

Green Bay better fits renter pressure and local demand. Renters represent 42.11% of households there versus 37.13% in Davenport, and vacancy is 4.18% versus 7.71%. Green Bay’s ACS population change was positive 1.41%, while Davenport’s was negative 1.23%; these changes compare overlapping ACS vintages and are not annualized. Green Bay also has lower unemployment, supporting its demand case, although neighborhood and employer concentration still require review.

Housing stock depends on strategy. Davenport has a 68.23% single-family share and a 9.41% large-multifamily share, compared with 64.46% and 8.69% in Green Bay. Its median year built is 1967 versus 1971, so Davenport offers slightly more stock in both target categories but potentially greater capital-work exposure. Prioritize roof, foundation, sewer, electrical, HVAC and unit-turn inspections before selecting either city for full underwriting.

Direct city matrix

The same definition on both sides

“n/a” remains missing. Zillow indexes and ACS survey measures stay visibly separate.

Decision evidence	Davenport, IA	Green Bay, WI
Typical home valueZillow ZHVI · city	$197,010	$289,378
Observed market rentZillow ZORI · city	$949	$1,119
Gross yieldZORI × 12 ÷ ZHVI · before costs	5.8%	4.6%
Price to household incomeZillow value ÷ ACS income	2.98x	4.37x
Annual rent to incomeZillow rent × 12 ÷ ACS income	17.2%	20.3%
Rent burdenACS renter households paying 30%+	49.9%	44.5%
Renter shareACS occupied housing	37.1%	42.1%
Vacancy rateACS all housing units	7.7%	4.2%
Population changebetween ACS vintages · not annualized	▼ 1.2%	▲ 1.4%
UnemploymentACS civilian labor force	4.6%	3.7%

Entry and income screen

Price, rent and yield do not tell the same story

Bars begin at zero within each measure. Gross yield remains a before-cost screen.

Zillow city ZHVI and ZORI · 2026-06 / 2026-06

Price and rent history

Two city paths, each rebased to 100

Each panel keeps price and rent in its own city; no level is borrowed across geographies.

Five-year path

Price and rent, rebased to 100

ZHVI +18.4%ZORI +22.4%

Each series starts at 100 so their direction can be compared without pretending that a home value and a monthly rent share the same unit.

Five-year path

Price and rent, rebased to 100

ZHVI +48.2%ZORI +20.5%

Each series starts at 100 so their direction can be compared without pretending that a home value and a monthly rent share the same unit.

Fit by objective

There is no universal city winner

Five city questions remain separate so a yield lead cannot erase affordability or demand risk.

Cash-flow screenDavenport

Davenport, IA fits cash flow better on the published Zillow screen: gross yield is 5.78% versus 4.64% in Green Bay, WI. Davenport’s rent index is lower, but its value index is also materially lower. The next check is property-specific rent support and a complete expense load, because gross yield excludes vacancy, management, repairs, taxes, insurance, utilities, financing and capital work.

Entry affordabilityDavenport

Davenport, IA better fits entry affordability. Its Zillow home-value index is $197,010, compared with $289,378 for Green Bay, WI, and its price-to-income measure is 2.98 versus 4.37. Zillow indexes describe market pricing, while ACS median home value is a survey measure rather than a competing appraisal. Verify neighborhood sale comparables, required rehabilitation and financing terms before converting the city-level advantage into a bid ceiling.

Renter pressureGreen Bay

Green Bay, WI better fits renter pressure: renters are 42.11% of households and vacancy is 4.18%, versus 37.13% and 7.71% in Davenport, IA. Davenport has the higher share of cost-burdened renters at 49.91%, which may signal rent-payment sensitivity rather than stronger pricing power. Check submarket concessions, days vacant, applicant income, collections and comparable-unit availability before assuming Green Bay’s tighter citywide conditions apply to a specific asset.

Housing stockDepends on the property

Housing stock depends on the acquisition format. Davenport, IA has a 68.23% single-family share and a 9.41% large-multifamily share, both above Green Bay, WI at 64.46% and 8.69%. Davenport’s median year built is 1967, compared with 1971 in Green Bay, suggesting slightly older typical stock. Inspect structural systems, sewer lines, electrical service, roofs and prior renovations; citywide composition does not establish an individual building’s condition or replacement needs.

Local demand riskGreen Bay

Green Bay, WI better fits local demand. Its ACS population rose 1.41% from the overlapping baseline vintage, while Davenport, IA declined 1.23%; neither change is annualized. Green Bay also shows 3.68% unemployment versus 4.55% in Davenport, and 14.71% poverty versus 15.22%. Confirm neighborhood household formation, major-employer exposure, leasing velocity and tenant retention because these citywide indicators cannot establish demand around a particular property.

Household pressure

Acquisition and renter affordability

Zillow city indexes divided by direct ACS city household measures.

Housing system

Tenure, vacancy and structure

ACS citywide housing characteristics; not rentable inventory or lease-up speed.

Underwriting boundary

What this city comparison cannot decide

City evidence narrows a search; it does not appraise, inspect or finance a property.

01
Zillow’s June 2026 city indexes measure market rent and home values, while ACS 2024 survey medians describe surveyed housing and households. They should not be averaged, and ACS median rent or value should not be treated as a competing property appraisal.
02
The population changes compare overlapping ACS vintages and are not annualized. They support directional demand screening only; they do not reveal recent migration, neighborhood-level household formation, employer concentration or the leasing trajectory surrounding a candidate building.
03
Gross yield is a pre-expense screen. It excludes vacancy, management, repairs, taxes, insurance, utilities, financing and capital work, so Davenport’s published advantage may narrow or reverse after obtaining property tax records, insurance quotes, utility responsibility, inspection findings and actual rent rolls.

Figure-level provenance

The direct sources behind both records

Release period and retrieval date remain separate. Open either city brief for its complete geography ledger.

Census ACS 5-year — city population, households and housingACS 2024 5-yearPulled 2026-07-29 Census ACS 5-year — cities and communitiesACS 2024 5-yearPulled 2026-07-30 Zillow ZHVI — city home valueszillow_zhvi_city.csvPulled 2026-07-29 Zillow ZORI — city market rentszillow_zori_city.csvPulled 2026-07-29

Davenport, IAOpen the complete city brief100,913 residents in the current ACS record Green Bay, WIOpen the complete city brief106,253 residents in the current ACS record Property testStress-test the same assumptionsReplace city averages with an actual deal