
Cheap Apartments for Rent in Decatur, IL from $300 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Decatur.


1640 E Division St

706 W Prairie Ave, Unit 3

Woodcrest Apartment Homes
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.

1628 E Grand Ave

913 N Taylorville Blvd
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.
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 | $626 | $575 | $655 |
Cheap Decatur 1 Bedroom Apartments | $777 | $600 | $1,395 |
Cheap Decatur 2 Bedroom Apartments | $873 | $725 | $1,100 |
Cheap Decatur 3 Bedroom Apartments | $1,079 | $895 | $1,199 |
Browse Top Apartments in Decatur
See all Apartments in DecaturExplore Decatur
Decatur, IL Local Guide

- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Stones Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. 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 |
Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 |
Moundford Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $725 |
2474 N Florian | 1st Floor | 2BR,1BA | $850 |
Prairie Hills | 2 Bedroom 1 Bath | 2BR,1BA | $880 |
Best Value Apartments for Rent in Decatur, IL
As of June 29, 2025 the best value apartment in the Decatur area is the $0.98 price per square foot 2 Bedroom 1 Bathroom Model at West Mound Apartments in the starting from $890. The second greatest value Decatur apartment is the The Whitehall Model at Timber Cove starting at $865 with a $0.96 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. |
---|---|---|---|
West Mound Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.98 |
Timber Cove | The Whitehall | 2BR,1BA | $0.96 |
2474 N Florian | 2nd Floor | 2BR,1.5BA | $1.19 |
Moundford Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $0.93 |
Prairie Hills | 2 Bedroom 1 Bath | 2BR,1BA | $1.26 |
706 W Prairie Ave, Unit 3 | 706 W Prairie Ave | 1BR,1BA | $0.89 |
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 |
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.
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.
Decatur, ILPopulation: 71,290
Ranked #507
in US Census Population by City
Best Local Schools in Decatur, IL
Michael E Baum Elementary School
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
Getting Around Decatur, IL
Walk Score®
47 / 100
Car-Dependent
Most errands require a car
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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
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.