Cheap Apartments for Rent in Decatur, IN from $300 (55 Rentals)

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Search the lowest-cost Apartments available for rent right now in Decatur.

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The Meridian (Waterloo Gardens)
Rent Specials
$650 - $1,270
Total Monthly Price

Total Monthly Price

Base Rent
$605 - $1,225
Required Monthly Fees
$45
Total Monthly Price
$650 - $1,270
1 to 3 Bedroom Apartments Available Now

The Meridian (Waterloo Gardens)

3660 E Paulding RdFort Wayne, IN 46816
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Three Rivers Apartments
Rent Specials
$799 - $3,499
Total Monthly Price

Total Monthly Price

Base Rent
$676 - $3,376
Required Monthly Fees
$123
Total Monthly Price
$799 - $3,499
Studio to 4 Bedroom Apartments Available Now

Three Rivers Apartments

101 Three RiversFort Wayne, IN 46802
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Foster Park Apartments
Rent Specials
$1,104 - $1,344
Total Monthly Price

Total Monthly Price

Base Rent
$1,104 - $1,344
Total Monthly Price
$1,104 - $1,344
1 to 2 Bedroom Apartments Available Now

Foster Park Apartments

6440 Fairfield AveFort Wayne, IN 46807
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
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Fulton Manor
Studio Apartments

Fulton Manor

922 Fulton StFort Wayne, IN 46802
  • Utilities Included

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.

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Woodhaven Oaks
1 to 3 Bedroom Apartments

Woodhaven Oaks

2008 Woodhaven DrFort Wayne, IN 46819
Corporate Housing
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Apple Glen
1 to 3 Bedroom Apartments

Apple Glen

1116 Kear RdVan Wert, OH 45891
  • Utilities Included
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Blackhawk Apartments
1 to 3 Bedroom Apartments

Blackhawk Apartments

3010 Simcoe DrFort Wayne, IN 46815
Corporate Housing

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.

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Jefferson Place Villas
1 to 2 Bedroom Apartments

Jefferson Place Villas

720 Countryside DrOssian, IN 46777
  • Utilities Included

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.

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Decatur, IN Local Guide

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. The Meridian (Waterloo Gardens) in the Southeast Fort Wayne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Decatur apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Villa Capri ApartmentsPrato1BR,1BA$620
The Meridian (Waterloo Gardens)Standard 1 BED | 1 BATH - SM Flat1BR,1BA$650
PINE GROVE APARTMENTS1 BED 1 BATH1BR,1BA$691
Woodhaven OaksSalamoniee2BR,1BA$729
Adam & Bruce Senior Housing ApartmentsEfficiencyStudio,1BA$742
Woodlynn Apartments2BR/1.0BA2BR,1BA$750
Waynedale Village ApartmentsOne Bed1BR,1BA$759
Jackson Manor ApartmentsOne Bedroom1BR,1BA$765
Three Rivers Apartmentss01a - Saint IveStudio,1BA$799
Willow Creek CrossingThe Pullman1BR,1BA$820

Best Value Apartments for Rent in Decatur, IN and Nearby

As of March 21, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Morada at Maysville2 Bed 2 Bath2BR,2BA$0.85
Coventry Court TownhomesCLA 3BR/2.5BA Townhome W/Patio3BR,2.5BA$0.90
The Village at Wayne Trace Homes2 Bedroom | Renovated2BR,2BA$1.18
Woodhaven OaksMaumee3BR,1.5BA$1.00
Emerald Square Apartments & Villas2x1 Reno2BR,1BA$0.91
OAK TERRACE APARTMENTS2 bedroom townhome2BR,1BA$0.96
Premier Flats1x1 Lancaster Renovated1BR,1BA$1.17
Woodlynn Apartments2BR/1.0BA2BR,1BA$0.92
Villa Capri ApartmentsPrato1BR,1BA$0.86
PINE GROVE APARTMENTS1 BED 1 BATH1BR,1BA$1.03

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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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.

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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 Adam & Bruce Senior Housing Apartments listed at $742.

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 $729 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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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.

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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.

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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.