
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

Total Monthly Price
1433 North St SE, Unit C

1820 6th Ave SE
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

Brookridge Apartments

Greenbrier Apartments

Rhodes Ferry

211 Lafayette St NW

Serenity Decatur
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.

TriWood Apartments

Rhodes Ferry

201 8th Ave SW

West Ridge Apartments

1220 North St SE

Beltline Villas
Cash 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.

301 7th Ave NW

1821 7th St SE

514 Ferry St NE

516 Ferry St NE

1621 Enolam Blvd SE

1205 Broadus Ave 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.

307 Second

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 | $940 | $900 | $980 |
| Downtown Decatur 1 Bedroom Apartments | $891 | $721 | $1,350 |
| Downtown Decatur 2 Bedroom Apartments | $1,049 | $800 | $1,642 |
| Downtown Decatur 3 Bedroom Apartments | $1,040 | $950 | $1,199 |
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 1 Bed unit found at Sandlin Villas Apartments priced from $721. Parkway Place Apartments has the second lowest priced unit, which is a 1 Bed 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 | $721 |
| Parkway Place Apartments | 1 Bedroom | 1BR,1BA | $750 |
| Granada Apartments & Townhomes | 1Bedroom | 1BR,1BA | $765 |
| Brookridge Apartments | 1 Bedroom | 1BR,1BA | $875 |
| Greenbrier Apartments | Upper Units | 2BR,1BA | $880 |
| Rhodes Ferry | 1 Bed 1 Bath Large | 1BR,1BA | $899 |
Best Value Apartments for Rent in Downtown Decatur, AL
As of June 22, 2026 the best value apartment in the Downtown Decatur area is the $0.95 price per square foot Lower Units Model at Greenbrier Apartments in the in the Downtown Decatur neighborhood starting from $905. 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. |
|---|---|---|---|
| Greenbrier Apartments | Lower Units | 2BR,1BA | $0.95 |
| Rhodes Ferry | 2 Bed 2 Bath | 2BR,1.5BA | $1.37 |
| Brookridge Apartments | 1 Bedroom Townhome | 1BR,1BA | $1.42 |
| Parkway Place Apartments | 1 Bedroom | 1BR,1BA | $1.20 |
| Sandlin Villas Apartments | Brookhaven One Bedroom, One Bath | 1BR,1BA | $1.29 |
| 1433 North St SE, Unit C | 1433 North St SE | 1BR,1BA | $1.48 |
| 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 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
Somerville Road Elementary School
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 $721 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.
What is the most affordable Downtown Decatur Three Bedroom Apartment?
The best deal on a cheap Downtown Decatur Three Bedroom Apartment rental is at Parkway Place Apartments and starts from $950.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.