
Cheap Homes for Rent in Downtown Decatur Neighborhood of Decatur, AL from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Decatur area of Decatur.


201 8th Ave SW

609 Prospect Dr SE

609 Prospect Dr SE

1002 6th Ave SW

424 Memorial Dr SW
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.

422 12th Ave NW

710 8th St SW

1205 Broadus Ave SE

220 Austinville Rd SW

1715 Dianne St SW

1018 5th Ave SW
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.

1628 8th St SE
Downtown Decatur, Decatur, AL Local Guide
How much does it cost to rent a home in Downtown Decatur?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Decatur 2 Bedroom Homes for Rent | $13,472 | $750 | $10,000+ |
| Downtown Decatur 3 Bedroom Homes for Rent | $1,552 | $1,000 | $2,800 |
| Downtown Decatur 4 Bedroom Homes for Rent | $1,512 | $1,500 | $1,525 |
Browse Homes for Rent in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Downtown Decatur Neighborhood of Decatur, AL.
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Downtown Decatur, Decatur, AL Local Guide
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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 $720. 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 | $720 |
| Granada Apartments & Townhomes | 1Bedroom | 1BR,1BA | $765 |
| Rhodes Ferry | 1 Bed 1 Bath Large | 1BR,1BA | $820 |
| (RCH-36) 1220 North Street | 2BR/1.5BA | 2BR,1BA | $895 |
| Brookridge Apartments | 1 Bedroom Townhome | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Downtown Decatur, AL
As of February 25, 2026 the best value apartment in the Downtown Decatur area is the $0.94 price per square foot 2BR/1.5BA Model at (RCH-36) 1220 North Street in the in the Downtown Decatur neighborhood starting from $895. The second greatest value Downtown Decatur apartment is the 1 Bed 1 Bath Model at Rhodes Ferry starting at $820 with a $1.28 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. |
|---|---|---|---|
| (RCH-36) 1220 North Street | 2BR/1.5BA | 2BR,1.5BA | $0.94 |
| Rhodes Ferry | 1 Bed 1 Bath | 1BR,1BA | $1.28 |
| Brookridge Apartments | 1 Bedroom Townhome | 1BR,1BA | $1.61 |
| Sandlin Villas Apartments | Springview Studio | Studio ,1BA | $1.37 |
| 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 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 Downtown Decatur
What type of rentals are currently available in Downtown Decatur?
There are currently 40 Apartments for Rent in Downtown Decatur, AL with pricing that ranges from $720 to $1,785. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Decatur ranging from $750 to $100,000.
What is the current price range for Rental Homes in Downtown Decatur?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Decatur ranges from $750 to $100,000 with an average monthly rent of $5,512.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.