
Cheap Apartments for Rent in Decatur, IN from $300 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Decatur.


Country Brook Apartments

Pine Crossing Apartments

WATERBURY APARTMENTS

2065 E Lakeside Dr

Villa Capri Apartments

Woodhaven Oaks

Bridgedale Terrace Apartments

The Meridian (Waterloo Gardens)

Lake Forest Apartments
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.

PINE GROVE APARTMENTS

River Pointe Townhomes

Emerald Square Villas

The Elex

Adam & Bruce Senior Housing Apartments

Port O'Call Apartments

Jackson Manor Apartments

Black Pine Flats

Willow Creek Crossing

Three Rivers Apartments
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.

Bluffton Park Apartments

South Bridge Apartments

Arbor Lakes Apartments

OAK TERRACE APARTMENTS

Fairview Court Apartments

Graystone Landing

Hickory Creek Apartments

Coventry Court Townhomes

Premier Flats

Fulton Manor
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.

Waynedale Village Apartments

4422 Gaywood Dr

Apple Glen

4430 S Park Dr

Whispering Creek Apartments

4314 Warsaw St

Blackhawk Apartments

2813 Chestnut St

4323 Gaywood Dr

4917 Webster St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

4003 Reed St

Cameron Court Apartments

Anthony Wayne Villas and Flats

922 Hamilton Ave

405 Pursley Dr

5302 Smith St

2803 Reed St

5506 Webster St

4114 Lillie St

4315 S Colonial Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Decatur, IN Local Guide

How much does it cost to rent an apartment in Decatur?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Decatur Studio Apartments | $925 | $742 | $1,329 |
| Decatur 1 Bedroom Apartments | $1,082 | $620 | $2,355 |
| Decatur 2 Bedroom Apartments | $1,301 | $699 | $2,784 |
| Decatur 3 Bedroom Apartments | $1,906 | $849 | $4,963 |
| Decatur 4 Bedroom Apartments | $1,778 | $1,099 | $2,374 |
Browse Top Apartments in Decatur
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Decatur, IN Local Guide
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Cheapest Available Decatur Apartments for Rent and Nearby
 The cheapest available apartment rental in Decatur, IN is a 1 Bed unit found at Villa Capri Apartments in the Continential Park neighborhood priced from $620. Fulton Manor in the Southwest Fort Wayne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $635. Here is today’s list of the most affordable Decatur apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Capri Apartments | Prato | 1BR,1BA | $620 |
| Fulton Manor | 0BR/1.0BA | Studio,1BA | $635 |
| The Meridian (Waterloo Gardens) | Standard 1 BED | 1 BATH - SM Flat | 1BR,1BA | $650 |
| PINE GROVE APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $691 |
| Emerald Square Villas | 1x1-Lg Classic | 1BR,1BA | $699 |
| Woodhaven Oaks | Mississinewa | 2BR,1BA | $699 |
| The Elex | The Rose | 1BR,1BA | $704 |
| Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $742 |
| Woodlynn Apartments | 2BR/1.0BA | 2BR,1BA | $750 |
| Jackson Manor Apartments | One Bedroom | 1BR,1BA | $765 |
Best Value Apartments for Rent in Decatur, IN and Nearby
As of February 04, 2026 the best value apartment in the Decatur area is the $0.85 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,799. The second greatest value Decatur apartment is the CLA 3BR/2.5BA Townhome W/Patio Model at Coventry Court Townhomes starting at $1,399 with a $0.90 price per square foot in the Southwest Fort Wayne neighborhood. 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. |
|---|---|---|---|
| Morada at Maysville | 2 Bed 2 Bath | 2BR,2BA | $0.85 |
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome W/Patio | 3BR,2.5BA | $0.90 |
| Fairview Court Apartments | 2 Bedroom Townhome Available at Fairview Court ... | 2BR,1.5BA | $1.00 |
| Woodhaven Oaks | St. Joseph | 2BR,1.5BA | $0.90 |
| OAK TERRACE APARTMENTS | 2 bedroom townhome | 2BR,1BA | $0.96 |
| Apple Glen | 2 Bedroom Unit | 2BR,1BA | $0.89 |
| Woodlynn Apartments | 2BR/1.0BA | 2BR,1BA | $0.92 |
| Emerald Square Villas | 1x1-Lg Classic | 1BR,1BA | $0.92 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| PINE GROVE APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $1.03 |
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.
Best Local Schools in Decatur, IN
Bellmont Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Decatur, IN Rentals by Map
See the most popular apartments and homes in Decatur, IN
Frequently Asked Questions about Cheap Decatur Apartments
What is the Cheapest Studio apartment in Decatur?
Currently the most affordable Cheap Studio Apartment in Decatur is at Fulton Manor listed at $635.
How much is rent for a Cheap One Bedroom Decatur Apartment?
The lowest price for a Cheap One Bedroom Decatur Apartment is $620 at Villa Capri 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 $699 at Woodhaven Oaks.
What is the most affordable Decatur Three Bedroom Apartment?
The best deal on a cheap Decatur Three Bedroom Apartment rental is at Villa Capri Apartments and starts from $946.
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.