
Cheap Apartments for Rent in the Downtown Decatur Neighborhood of Decatur, AL from $475 (35 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Decatur area of Decatur.


213 Wilson St NE

Sandlin Villas Apartments

1612 North St SE

Granada Apartments & Townhomes

Parkway Place Apartments

Brookridge Apartments

1432-1438 Columbia Cir SE
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Rhodes Ferry

2234 Harrison St SE

1201 North St SE

Greenbrier Apartments

1024 Moulton St E

1022 9th Ave SE

Serenity Decatur

TriWood Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1016-1020 Johnston St SE

8th Street Apartments

(RCH-6) North Street Apartments

Rhodes Ferry

201 8th Ave SW

West Ridge Apartments

1220 North St SE

Beltline Villas
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1821 7th St SE

1620 8th St SE

1117 Magnolia St SE

918 9th Ave SE

414 5th Ave SW

1820 8th St SE

516 Ferry St NE

514 Ferry St NE
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

307 2nd THE LOFTS

1310 9th Ave SE

821 Moulton St E
Downtown Decatur, Decatur, AL Local Guide
How much does it cost to rent an apartment in Downtown Decatur?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Decatur Studio Apartments | $941 | $734 | $1,141 |
| Downtown Decatur 1 Bedroom Apartments | $860 | $675 | $1,247 |
| Downtown Decatur 2 Bedroom Apartments | $1,029 | $700 | $1,426 |
| Downtown Decatur 3 Bedroom Apartments | $1,111 | $950 | $1,400 |
Browse Apartments in this Neighborhood
There are currently 35 rentals with your search options within a 2 mile radius of the Downtown Decatur Neighborhood of Decatur, AL.
See all Apartments in DecaturExplore Decatur
Downtown Decatur, Decatur, AL Local Guide
- Nearby Decatur neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Downtown Decatur Apartments for Rent
 The cheapest available apartment rental in the Downtown Decatur area of Decatur, AL is a 1 Bed unit found at Sandlin Villas Apartments priced from $724. (RCH-6) North Street Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $750. Here are the most affordable Downtown Decatur apartments for rent in Decatur, AL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sandlin Villas Apartments | Springview One Bedroom, One Bath | 1BR, 1BA | $724 |
| (RCH-6) North Street Apartments | 2BR/1.0BA | 2BR, 1BA | $750 |
| 8th Street Apartments | 1BR/1.0BA | 1BR, 1BA | $750 |
| Granada Apartments & Townhomes | 1Bedroom | 1BR, 1BA | $780 |
| Brookridge Apartments | 1 Bedroom | 1BR, 1BA | $865 |
| Rhodes Ferry | 1 Bed 1 Bath Large | 1BR, 1BA | $899 |
| Greenbrier Apartments | 2BR/1.0BA | 2BR, 1BA | $905 |
| Parkway Place Apartments | 3BR/1.0BA | 3BR, 1BA | $950 |
Best Value Apartments for Rent in Downtown Decatur, AL
As of September 22, 2026 the best value apartment in the Downtown Decatur area is the $0.93 price per square foot 3BR/1.0BA Model at Parkway Place Apartments in the Downtown Decatur neighborhood starting from $950. The second greatest value Downtown Decatur apartment is the 2BR/1.0BA Model at Greenbrier Apartments in the Downtown Decatur neighborhood starting at $905 with a $0.95 price per square foot. Here is today’s list of the best values for Downtown Decatur apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkway Place Apartments | 3BR/1.0BA | 3BR, 1BA | $0.93 |
| Greenbrier Apartments | 2BR/1.0BA | 2BR, 1BA | $0.95 |
| (RCH-6) North Street Apartments | 2BR/1.0BA | 2BR, 1BA | $0.80 |
| 817 Moulton St E | 817 Moulton St E | 2BR, 1BA | $1.29 |
| Rhodes Ferry | 2 Bed 2 Bath | 2BR, 1.5BA | $1.28 |
| Brookridge Apartments | 1 Bedroom Townhome | 1BR, 1BA | $1.40 |
| Sandlin Villas Apartments | Springview Studio | Studio, 1BA | $1.40 |
| Granada Apartments & Townhomes | Studio | Studio, 1BA | $2.25 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Downtown Decatur, Decatur, AL
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Decatur Apartments
How much is rent for a Cheap One Bedroom Downtown Decatur Apartment?
The lowest price for a Cheap One Bedroom Downtown Decatur Apartment is $724 at Sandlin Villas Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Decatur Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Decatur is starting from $750 at (RCH-6) North Street Apartments.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.