
Cheap Apartments for Rent in Decatur, IL from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Decatur.


Roosevelt School Apartments

1061 W Decatur St

Mounford Terrace

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.

Timber Cove

1613 E Johns Ave

1931 N Edward 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.

1220 N Church St

567 W Leafland Ave
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.
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 | $596 | $469 | $675 | 
| Cheap Decatur 1 Bedroom Apartments | $757 | $461 | $900 | 
| Cheap Decatur 2 Bedroom Apartments | $907 | $543 | $1,170 | 
| Cheap Decatur 3 Bedroom Apartments | $1,014 | $613 | $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. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $461. 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 | $461 | 
| Stones Crossing Apartments | Nice one bedroom efficiency apartment | 1BR,1BA | $625 | 
| Mounford Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $655 | 
| Timber Cove | The Whitehall | 2BR,1BA | $885 | 
Best Value Apartments for Rent in Decatur, IL
As of October 31, 2025 the best value apartment in the Decatur area is the $0.98 price per square foot The Whitehall Model at Timber Cove in the starting from $885. The second greatest value Decatur apartment is the Unit 11 Model at 2474 N Florian starting at $900 with a $1.13 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. | 
|---|---|---|---|
| Timber Cove | The Whitehall | 2BR,1BA | $0.98 | 
| 2474 N Florian | Unit 11 | 2BR,1.5BA | $1.13 | 
| Roosevelt School Apartments | 1 Bedroom | 1BR,1BA | $0.61 | 
| Mounford Terrace | 1 Bedroom 1 Bath | 1BR,1BA | $1.07 | 
| 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 | 
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 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.
Decatur, ILPopulation: 71,290
Ranked #507
in US Census Population by City
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
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.






