Cheap Apartments for Rent in Decatur, IA from $500 (36 Rentals)

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

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Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
  • Utilities Included
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The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320

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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Decatur, IA Local Guide

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 ListingModel NameBed/BathPriced From
Foxwood ApartmentsB22BR,1BA$600
Northern Plains by KadingCottage - 22BR,1BA$695
Next Level Apartments - Deer RunB12BR,1BA$701
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$725
Sunset Apartments1bd, 1ba1BR,1BA$750
East Park Apartments1/2 Story Down2BR,1BA$750
Carlisle Park Apartments1BR Ground1BR,1BA$755
The Hampton MeadowsB1 - Classic2BR,1BA$760
The RidgesA1 - Renovated1BR,1BA$775
Woodland Park - Fontanelle1 BR1BR,1BA$775

Best Value Apartments for Rent in Decatur, IA and Nearby

As of September 15, 2025 the best value apartment in the Decatur area is the $1.09 price per square foot Berkshire Model at Osceola Heights in the starting from $1,295. The second greatest value Decatur apartment is the C1 - 50 - Income Restricted Model at Lyn Crossing starting at $1,100 with a $1.12 price per square foot in the Somerset neighborhood. 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.
Osceola HeightsBerkshire3BR,2BA$1.09
Lyn CrossingC1 - 50 - Income Restricted3BR,1.5BA$1.12
The Meadows2 Bedroom2BR,1BA$0.91
Willow Bend2 Bedroom 2 Bath2BR,2BA$1.01
Vesta Village by KadingCottage-22BR,1BA$1.10
Northern Plains by KadingCottage - 22BR,1BA$0.83
Foxwood ApartmentsB12BR,1BA$0.97
Next Level Apartments - Deer RunB12BR,1BA$0.88
Sunset Apartments1bd, 1ba1BR,1BA$1.03
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.12

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

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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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.