
Cheap Apartments for Rent in the Downtown Decatur Neighborhood of Decatur, AL from $400 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Decatur area of Decatur.


227 8th St SW

Parkway Place Apartments

Granada Apartments & Townhomes

1820 6th Ave SE

201 8th Ave SW
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.

1220 2nd Ave SW

719 5th Ave SE

Greenbrier Apartments

Rhodes Ferry

Brookridge Apartments

1201 North St SE
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Total Monthly Price
817 Moulton St E, Unit A, Unit A

Serenity Decatur

TriWood Apartments

Rhodes Ferry

West Ridge Apartments

1220 North St SE
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Beltline Villas

2012 Enolam Blvd SE

220 8th Ave NW

516 Ferry St NE

1205 Broadus Ave SE

1314 Pennylane SE
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1821 7th St SE

1628 8th St SE

307 Second
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 | $917 | $702 | $1,117 |
| Downtown Decatur 1 Bedroom Apartments | $996 | $725 | $1,350 |
| Downtown Decatur 2 Bedroom Apartments | $1,062 | $775 | $1,930 |
| Downtown Decatur 3 Bedroom Apartments | $1,047 | $950 | $1,155 |
Browse Apartments in this Neighborhood
There are currently 27 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
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Cheapest Available Downtown Decatur Apartments for Rent
 The cheapest available apartment rental in the Downtown Decatur area of Decatur, AL is a Studio unit found at Sandlin Villas Apartments priced from $702. Granada Apartments & Townhomes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. 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 Studio | Studio,1BA | $702 |
| Granada Apartments & Townhomes | 1Bedroom | 1BR,1BA | $765 |
| Rhodes Ferry | 1 Bed 1 Bath Large | 1BR,1BA | $899 |
| Brookridge Apartments | 1 Bedroom Townhome | 1BR,1BA | $949 |
Best Value Apartments for Rent in Downtown Decatur, AL
As of May 07, 2026 the best value apartment in the Downtown Decatur area is the $1.29 price per square foot 817 Moulton St E Model at 817 Moulton St E, Unit A in the in the Downtown Decatur neighborhood starting from $1,100. The second greatest value Downtown Decatur apartment is the 2 Bed 2 Bath Model at Rhodes Ferry starting at $1,125 with a $1.37 price per square foot in the Downtown Decatur neighborhood. 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. |
|---|---|---|---|
| 817 Moulton St E, Unit A | 817 Moulton St E | 2BR,1BA | $1.29 |
| Rhodes Ferry | 2 Bed 2 Bath | 2BR,1.5BA | $1.37 |
| Brookridge Apartments | 1 Bedroom Townhome | 1BR,1BA | $1.50 |
| Sandlin Villas Apartments | Springview Studio | Studio ,1BA | $1.34 |
| Granada Apartments & Townhomes | Studio | Studio ,1BA | $2.25 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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
Somerville Road Elementary School
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Decatur Apartments
What is the Cheapest Studio apartment in Downtown Decatur?
Currently the most affordable Cheap Studio Apartment in Downtown Decatur is at Sandlin Villas Apartments listed at $702.
How much is rent for a Cheap One Bedroom Downtown Decatur Apartment?
The lowest price for a Cheap One Bedroom Downtown Decatur Apartment is $745 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 $840 at Granada Apartments & Townhomes.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.