
Cheap Homes for Rent in Decatur, IL from $500 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Decatur.


1343 N Gulick Ave

250 N College St
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.

1657 E William St

1624 N Water St

904 W Macon St

1745 W Grand Ave

336 S 19th St

432 W Center St

340 W Olive St

1908 N Union 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.

403 E Division St

1553 N Walnut Grove Ave

1246 E Riverside Ave

1023 S Silas St

1130 N Dunham St
The 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.

1363 E Johns Ave

965 E Wood St

45 Whippoorwill Dr

2152 E Johns 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.

845 W Sawyer St

401 S 19th St

111 S Elder Ln

290 S Maffit St
Decatur, IL Local Guide

How much does it cost to rent a home in Decatur?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Decatur 2 Bedroom Homes for Rent | $939 | $650 | $1,800 |
Decatur 3 Bedroom Homes for Rent | $1,157 | $510 | $1,850 |
Decatur 4 Bedroom Homes for Rent | $1,855 | $1,100 | $2,950 |
Decatur 5 Bedroom Homes for Rent | $3,125 | $1,750 | $4,500 |
Decatur 7 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Decatur
Explore Decatur
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. 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 | 1 Bedroom 1 Bath | 1BR,1BA | $655 |
West Mound Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $900 |
2474 N Florian | Unit 11 | 2BR,1BA | $950 |
Best Value Apartments for Rent in Decatur, IL
As of September 09, 2025 the best value apartment in the Decatur area is the $0.38 price per square foot 814 W Wood St Model at 814 W Wood St, Unit 2 in the starting from $600. The second greatest value Decatur apartment is the 2 Bedroom 1 Bathroom Model at West Mound Apartments starting at $900 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. |
---|---|---|---|
814 W Wood St, Unit 2 | 814 W Wood St | 2BR,2BA | $0.38 |
West Mound Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.99 |
2474 N Florian | Unit 11 | 2BR,1.5BA | $1.06 |
Moundford 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 |
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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!
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See the most popular apartments and homes in Decatur, IL
Frequently Asked Questions about Decatur
What type of rentals are currently available in Decatur?
There are currently 71 Apartments for Rent in Decatur, IL with pricing that ranges from $595 to $1,199. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Decatur ranging from $510 to $4,500.
What is the current price range for Rental Homes in Decatur?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Decatur ranges from $510 to $4,500 with an average monthly rent of $1,734.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.