
Cheap Apartments for Rent in Decatur, IA from $500 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Decatur.


Foxwood Apartments

Summit House Apartments
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 Ridges

Northern Plains by Kading

Next Level Apartments - Deer Run

Sunset Apartments

Valley Acres Apartments

East Park Apartments

The Hampton Meadows

Indianola Park Apartments
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.

The Meadows

Willow Bend
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.

Fish Creek

Linden East Apartments

124 S 2nd St
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.

105 S Howard St
Decatur, IA Local Guide

How much does it cost to rent an apartment in Decatur?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Decatur Studio Apartments | $827 | $575 | $980 |
Decatur 1 Bedroom Apartments | $1,030 | $545 | $1,603 |
Decatur 2 Bedroom Apartments | $1,088 | $600 | $2,342 |
Decatur 3 Bedroom Apartments | $1,369 | $825 | $3,320 |
Decatur 4 Bedroom Apartments | $1,200 | $1,200 | $1,200 |
Browse Top Apartments in Decatur
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Decatur, IA Local Guide
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Cheapest Available Decatur Apartments for Rent and Nearby
 The cheapest available apartment rental in Decatur, IA is a 2 Beds unit found at Foxwood Apartments in the Easton Park neighborhood priced from $600. Northern Plains by Kading has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Decatur apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Foxwood Apartments | B2 | 2BR,1BA | $600 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $695 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $701 |
Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $725 |
East Park Apartments | 1/2 Story Down | 2BR,1BA | $750 |
Best Value Apartments for Rent in Decatur, IA and Nearby
As of July 27, 2025 the best value apartment in the Decatur area is the $1.05 price per square foot Elizabeth Model at Terrace View by Kading in the starting from $1,295. The second greatest value Decatur apartment is the Cottage-3 Model at Vesta Village by Kading starting at $1,235 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terrace View by Kading | Elizabeth | 3BR,2BA | $1.05 |
Vesta Village by Kading | Cottage-3 | 3BR,2BA | $1.00 |
The Meadows | 2 Bedroom | 2BR,1BA | $0.85 |
Linden East Apartments | Two Bed | 2BR,1BA | $1.00 |
The Ridges | B1 - Deluxe | 2BR,1BA | $1.06 |
Northern Plains by Kading | Cottage - 2 | 2BR,1BA | $0.83 |
Sunset Apartments | 2bd, 1ba | 2BR,1BA | $0.96 |
Foxwood Apartments | B1 | 2BR,1BA | $0.78 |
Next Level Apartments - Deer Run | B1 | 2BR,1BA | $0.88 |
Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Decatur, IA Rentals by Map
See the most popular apartments and homes in Decatur, IA
Frequently Asked Questions about Cheap Decatur Apartments
How much is rent for a Cheap One Bedroom Decatur Apartment?
The lowest price for a Cheap One Bedroom Decatur Apartment is $725 at Valley Acres Apartments.
What is the lowest price for a Cheap Two Bedroom Decatur Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Decatur is starting from $600 at Foxwood Apartments.
What is the most affordable Decatur Three Bedroom Apartment?
The best deal on a cheap Decatur Three Bedroom Apartment rental is at Northern Plains by Kading and starts from $825.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.