
Cheap Apartments for Rent in Decatur, IL from $300 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Decatur.


Roosevelt School Apartments

1441 W Macon St

Stones Crossing Apartments

Woodcrest Apartment Homes
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.

755 W Eldorado St

Timber Cove

Southern Oaks Apartments

Beth Boulevard Apartments

545 W Main St
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.

250 N College St

Edgewood Apartments

Willow Heights

777 W Prairie St

1220 N Church St
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.

567 W Leafland Ave
Decatur, IL Local Guide

How much does it cost to rent an apartment in Decatur?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Decatur Studio Apartments | $610 | $502 | $680 |
| Cheap Decatur 1 Bedroom Apartments | $778 | $496 | $990 |
| Cheap Decatur 2 Bedroom Apartments | $927 | $585 | $1,100 |
| Cheap Decatur 3 Bedroom Apartments | $1,187 | $662 | $1,299 |
Browse Top Apartments in Decatur
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Decatur, IL Local Guide

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Cheapest Available Decatur Apartments for Rent
 The cheapest available apartment rental in Decatur, IL is a 1 Bed unit found at RESERVE AT LAKEVIEW priced from $421. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $496. Here is today’s list of the most affordable Decatur apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $421 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $496 |
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
| Decatur Flats Apartments | 1 bed 1 bath Renovated | 1BR,1BA | $750 |
| Timber Cove | The Whitehall | 2BR,1BA | $890 |
Best Value Apartments for Rent in Decatur, IL
As of January 25, 2026 the best value apartment in the Decatur area is the $0.88 price per square foot Slate Model at The Quarry Apartments in the starting from $1,000. The second greatest value Decatur apartment is the The Whitehall Model at Timber Cove starting at $890 with a $0.99 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. |
|---|---|---|---|
| The Quarry Apartments | Slate | 2BR,1.5BA | $0.88 |
| Timber Cove | The Whitehall | 2BR,1BA | $0.99 |
| Hickory Point Apartments | Two Bedroom with In-Unit Washer/Dryer | 2BR,1BA | $1.09 |
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $0.66 |
| Decatur Flats Apartments | 1 bed 1 bath Renovated | 1BR,1BA | $1.07 |
| 430 Woodside Trail, Unit 18 | 430 Woodside Trail | 1BR,1BA | $1.22 |
| RESERVE AT LAKEVIEW | One Bedroom One Bathroom | 1BR,1BA | $0.69 |
| Stones Crossing Apartments | Very nice and updated one bedroom for rent!!!!! | 1BR,1BA | $1.16 |
| Willow Heights | 1x1 | 1BR,1BA | $1.97 |
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 ArticleThe 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.
Read ArticleCash 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 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.
Decatur Overview
If you are looking for a fun, affordable city to call home, you might be thinking about Decatur, Illinois. This is a city known for its low cost of living, thriving job market, and friendly people. As a result, you might be interested in living in apartments in Decatur, Illinois. What do you need to know about Decatur? Learn more below, and rely on someone with local knowledge to help you find your next Decatur apartment.
Why live in Decatur, IL?
There are plenty of reasons why so many people are choosing to move to Decatur, Illinois. First, the school system is relatively strong, making it a great location for families with children. Second, the cost of living in Decatur is relatively low, particularly when compared to other major cities nearby, including Saint Louis and Chicago. Finally, Decatur is also a great place to live because the people who live there are very friendly. It is easy for people to get around, and it is a great place to get to know your neighbors. For all of these reasons, you might want to consider making Decatur your next home as well.
Best Local Schools in Decatur, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Decatur, IL Rentals by Map
See the most popular apartments and homes in Decatur, IL
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 $421 at RESERVE AT LAKEVIEW.
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 $507 at RESERVE AT LAKEVIEW.
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

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.

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.

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.

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.