
Cheap Apartments for Rent near Decatur, IA from $545 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Decatur.


Summit House Apartments

Total Monthly Price
Alice Place at Norwalk

Country Club Estates

Valley Acres Apartments

Next Level Apartments - Easton Village

Foxwood Apartments

Sunset Apartments

The Ridges

The Hampton Meadows
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Indianola Park II Apartments

Centerville Senior Lofts

Dennis Park Apartments

Total Monthly Price
Northern Plains by Kading

Deer Run Apartments

Fish Creek

Willow Bend

Linden East Apartments

Norwalk Meadows

Sunburst
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.

Total Monthly Price
Vesta Village by Kading

High Pointe

Somerset

Legacy Landing Apartments

Cedarbrooke Place

Schoolyard Rowhomes

Glenwood Villas

Allure at 57

Total Monthly Price
Osceola Heights by Kading

Cherry Creek
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

810 W 15th St

Linden West

Sunset Terrace

Strathmore Apartment Homes

Lyn Crossing

Emerald Reserve Indianola

Callaway at Holland Pointe

Flats on 5th

28925 360th St

Southern Park Apartments
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.

1833 Curtis Ave

East Park Apartments

Carlisle Park Apartments

Indianola Park Apartments

6920 SW 9th St

Norwalk Park Apartments

Woodland Park - Fontanelle

The Bridges

Southridge Senior Lofts

The Meadows
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.
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 | $856 | $575 | $1,075 |
| Decatur 1 Bedroom Apartments | $1,125 | $545 | $1,537 |
| Decatur 2 Bedroom Apartments | $1,245 | $750 | $2,350 |
| Decatur 3 Bedroom Apartments | $1,814 | $950 | $3,200 |
Browse Top Apartments in Decatur
See all Apartments in DecaturExplore Decatur
Decatur, IA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Decatur Apartments for Rent and Nearby
 The cheapest available apartment rental in Decatur, IA is a 1 Bed unit found at Valley Acres Apartments in the Southwest Des Moines neighborhood priced from $675. Next Level Apartments - Easton Village in the Easton Park neighborhood has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $675 |
| Next Level Apartments - Easton Village | A1 | 1BR,1BA | $695 |
| Foxwood Apartments | A2 | 1BR,1BA | $700 |
| Indianola Park II Apartments | 1BR Upper | 1BR,1BA | $750 |
| Indianola Park Apartments | 1BR Upper | 1BR,1BA | $750 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $755 |
| Dennis Park Apartments | B1 | 2BR,1BA | $781 |
| Deer Run Apartments | B1 | 2BR,1BA | $809 |
| Fish Creek | B1 - Classic | 2BR,1BA | $825 |
| Willow Bend | 1 Bedroom | 1BR,1BA | $840 |
Best Value Apartments for Rent in Decatur, IA and Nearby
As of August 30, 2026 the best value apartment in the Decatur area is the $1.01 price per square foot Vail Model at High Pointe in the in the Prairie View neighborhood starting from $1,038. The second greatest value Decatur apartment is the 3 Bedroom 2 Bathroom Model at Country Club Estates starting at $950 with a $0.93 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. |
|---|---|---|---|
| High Pointe | Vail | 2BR,2BA | $1.01 |
| Country Club Estates | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.93 |
| Fort Des Moines | 2-Bedroom | 2BR,2BA | $0.97 |
| Osceola Heights by Kading | Villa | 3BR,1BA | $1.00 |
| The Meadows | 2 Bedroom | 2BR,1BA | $0.91 |
| Willow Bend | 1 Bedroom | 1BR,1BA | $1.01 |
| Deer Run Apartments | B1 | 2BR,1BA | $1.01 |
| Dennis Park Apartments | B1 | 2BR,1BA | $0.98 |
| Summit House Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| Valley Acres Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.04 |
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 ArticleReal 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 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.
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 $675 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 $750 at Next Level Apartments - Easton Village.
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 $882.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.