Cheap Apartments for Rent in the Downtown Decatur Neighborhood of Decatur, AL from $475 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Decatur area of Decatur.

property at 213 Wilson St NE
$700 - $800
2 Bedroom Rentals
Available Now
Affordability

213 Wilson St NE

DecaturAL35601

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.

property at 1024 Moulton St E
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1024 Moulton St E

DecaturAL35601
property at 1022 9th Ave SE
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
3 Bedroom, 3 Bath Home for Rent
Available Now

1022 9th Ave SE

DecaturAL35601
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Serenity Decatur
1 to 2 Bedroom Apartments

Serenity Decatur

202 8th StDecatur, AL 35601
  • Utilities Included
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TriWood Apartments
1 to 2 Bedroom Apartments

TriWood Apartments

1510 19th Ave SEDecatur, AL 35601
  • Utilities Included

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.

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Rhodes Ferry
1 to 2 Bedroom Apartments

Rhodes Ferry

50 Wilson St NEDecatur, AL 35601
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1220 North St SE
1 to 2 Bedroom Apartments

1220 North St SE

1220 North St SEDecatur, AL 35601
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Beltline Villas
2 Bedroom Apartments

Beltline Villas

324 Sandlin Rd SW RdDecatur, AL 35601

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.

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.

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307 2nd THE LOFTS
Studio to 2 Bedroom Apartments

307 2nd THE LOFTS

307 2nd Ave SEDecatur, AL 35601
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Downtown Decatur, Decatur, AL Local Guide

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 ListingModel NameBed/BathPriced From
Sandlin Villas ApartmentsSpringview One Bedroom, One Bath1BR, 1BA$724
(RCH-6) North Street Apartments2BR/1.0BA2BR, 1BA$750
8th Street Apartments1BR/1.0BA1BR, 1BA$750
Granada Apartments & Townhomes1Bedroom1BR, 1BA$780
Brookridge Apartments1 Bedroom1BR, 1BA$865
Rhodes Ferry1 Bed 1 Bath Large1BR, 1BA$899
Greenbrier Apartments2BR/1.0BA2BR, 1BA$905
Parkway Place Apartments3BR/1.0BA3BR, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Parkway Place Apartments3BR/1.0BA3BR, 1BA$0.93
Greenbrier Apartments2BR/1.0BA2BR, 1BA$0.95
(RCH-6) North Street Apartments2BR/1.0BA2BR, 1BA$0.80
817 Moulton St E817 Moulton St E2BR, 1BA$1.29
Rhodes Ferry2 Bed 2 Bath2BR, 1.5BA$1.28
Brookridge Apartments1 Bedroom Townhome1BR, 1BA$1.40
Sandlin Villas ApartmentsSpringview StudioStudio, 1BA$1.40
Granada Apartments & TownhomesStudioStudio, 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.

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Navigating 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.

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Real 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.

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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.

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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

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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.

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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.

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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.

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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.