Cheap Homes for Rent in Decatur, AL from $700 (26 Rentals)

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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.

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.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Decatur, AL Local Guide

Cheapest Neighborhoods for Apartments in Decatur, AL

Pricing Updated: 02/01/2026

Current apartment rentals in the Decatur, AL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Decatur Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Decatur$1,042$69931

Cheapest Available Decatur Apartments for Rent

 

The cheapest available apartment rental in Decatur, AL is a Studio unit found at Sandlin Villas Apartments in the Downtown Decatur neighborhood priced from $699. Raintree Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Decatur apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sandlin Villas ApartmentsSpringview StudioStudio,1BA$699
Raintree Village ApartmentsOne Bedroom, One Bath1BR,1BA$749
Granada Apartments & Townhomes1Bedroom1BR,1BA$765
Summer Courtyard ApartmentsStandard1BR,1BA$770
Axis on Beltline1 Bedroom 1 Bathroom Renovated1BR,1BA$799
Hermitage ApartmentsThe Pond1BR,1BA$799
Summer Lodge ApartmentsOne Bedroom/One Bathroom1BR,1BA$799
Blossom Wood Apartments1BR/1.0BA1BR,1BA$800
Rhodes Ferry1 Bed 1 Bath Large1BR,1BA$820
Courtney Square1 Bed / 1 Bath1BR,1BA$825

Best Value Apartments for Rent in Decatur, AL

As of February 01, 2026 the best value apartment in the Decatur area is the $0.82 price per square foot 4-Plex & 8-Plex units Model at Gaslight Apartments in the starting from $1,025. The second greatest value Decatur apartment is the 3X2 Model at River Valley starting at $1,050 with a $1.00 price per square foot . Here is today’s list of the best values for Decatur apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gaslight Apartments4-Plex & 8-Plex units2BR,1.5BA$0.82
River Valley3X23BR,2BA$1.00
Wheeler Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$0.88
(RCH-36) 1220 North Street2BR/1.5BA2BR,1.5BA$0.94
Park Towne Apartments2 Bedrooms2BR,2BA$1.11
Courtney Square1 Bed / 1 Bath1BR,1BA$0.92
Blossom Wood Apartments1BR/1.0BA1BR,1BA$1.09
Decatur Place1U1BR,1BA$1.17
Hermitage ApartmentsThe Pond1BR,1BA$1.18
Raintree Village ApartmentsOne Bedroom, One Bath1BR,1BA$1.15

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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The 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.

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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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Decatur

What type of rentals are currently available in Decatur?

There are currently 101 Apartments for Rent in Decatur, AL with pricing that ranges from $600 to $2,778. There are also 71 Single Family Homes for rent, Condos, and Townhome rentals currently available in Decatur ranging from $725 to $3,000.

What is the current price range for Rental Homes in Decatur?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Decatur ranges from $725 to $3,000 with an average monthly rent of $1,722.

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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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.

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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.