Davis hit .348 (32-for-92) with eight doubles, nine home runs, 28 RBIs, 19 runs scored and 16 walks in 27 games last month.
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The award is voted on by media members from across the country.
“It's an honor,” Davis said. “I think it put Baltimore back on the map. Obviously it's an individual award, but I think the team playing well really helps. I think it shows consistency more than anything, just having that consistent approach at the plate. Some of that is just maturing as a person, maturing as a player.”
Others receiving votes included reigning AL MVP Miguel Cabrera (.363, 6 2B, 1 3B, 4 HR, 28 RBI, 21 R, 13 BB) of the Detroit Tigers and Cleveland Indians catcher Carlos Santana (.389, 9 2B, 5 HR, 13 RBI, 14 R, .722 SLG, .476 OBP).
“To think about the competition, it’s pretty impressive,” Showalter said. “So he’s very deserving. … It’s a body of work, and I know a lot of it is based on the offense, but I’ve been impressed by the way he’s played first base and the walks.”
Davis opened the regular season on a tear and was named AL Player of the Week for the opening week of the regular season after setting a major league record with 16 RBIs through the season's first four games, breaking the previous mark of 12.
He also became just the fourth player to homer in the first four games of the season, joining Willie Mays (1971), Mark McGwire (1998) and Nelson Cruz (2011).
For winning the award, Davis will receive specially designed engraved trophy.