Cheap Apartments for Rent near Decatur, IA from $500 (61 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
1833 Curtis Ave
1 to 2 Bedroom Apartments

1833 Curtis Ave

1833 Curtis AveChariton, IA 50049
Corporate Housing
  • Utilities Included

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.

Read Article
close
View Me
6920 SW 9th St
2 Bedroom Apartments

6920 SW 9th St

6920 SW 9th StDes Moines, IA 50315
close
View Me
The Bridges
1 to 2 Bedroom Apartments

The Bridges

1111 N 8th AveWinterset, IA 50273
  • Utilities Included
close
View Me
Southridge Senior Lofts
1 to 2 Bedroom Apartments

Southridge Senior Lofts

695 E Army Post RdDes Moines, IA 50315
Senior Living
  • Utilities Included
close
View Me
The Meadows
2 to 4 Bedroom Apartments

The Meadows

7500 Meadowlands DrDes Moines, IA 50320

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

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 Centerville Senior Lofts priced from $600. Valley Acres Apartments in the Southwest Des Moines neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Decatur apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Centerville Senior LoftsThe Dublin2BR,1BA$600
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$650
Foxwood ApartmentsA11BR,1BA$708
Sunset Apartments1 bedroom,Studio,1BA$725
The Hampton Meadows1 Bedroom1BR,1BA$750
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$755
Woodland Park - Fontanelle1 BR1BR,1BA$775
The Ridges2 Bedroom Regular2BR,1BA$780
Indianola Park II Apartments1BR Upper1BR,1BA$780
Indianola Park Apartments1BR Upper1BR,1BA$780

Best Value Apartments for Rent in Decatur, IA and Nearby

As of July 15, 2026 the best value apartment in the Decatur area is the $1.00 price per square foot 3 bed 2 bath Model at Sunset Terrace in the in the Easton Park neighborhood starting from $1,220. The second greatest value Decatur apartment is the 3 Bedroom Model at The Meadows starting at $995 with a $0.95 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.
Sunset Terrace3 bed 2 bath3BR,2BA$1.00
The Meadows3 Bedroom3BR,2BA$0.95
Fort Des Moines2-Bedroom2BR,2BA$0.97
Next Level Apartments - Easton VillageC13BR,1BA$0.90
Centerville Senior LoftsThe Dearborn2BR,1BA$0.83
Linden East ApartmentsTwo Bed2BR,1BA$1.00
The Ridges2 Bedroom Regular2BR,1BA$0.89
Northern Plains by KadingCottage - 22BR,1BA$0.94
Summit House Apartments2 Bedroom 1 Bathroom2BR,1BA$0.95
Valley Acres Apartments1 Bedroom 1 Bathroom1BR,1BA$1.00

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 Article
Decorative image

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Decatur, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Decatur, IA

View Map
Decatur, IA Apartments Map
View Map
Decatur, IA Rental Homes Map

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 $650 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 Centerville Senior Lofts.

What is the most affordable Decatur Three Bedroom Apartment?

The best deal on a cheap Decatur Three Bedroom Apartment rental is at Next Level Apartments - Easton Village and starts from $901.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.