
Cheap Homes for Rent near Decatur, IN from $700 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Decatur.


4428 Gaywood Dr

1315 Huestis Ave

7117 Kumfer Ave

1014 Baxter St

2921 Chestnut St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

4412 Werling Dr

3102 Smith St

3019 Broadway

10735 Old Decatur Rd

4210 Bowser Ave

4416 Spatz Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

217 W Masterson Ave

1114 Colerick St

3730 Logan Ave

3406 Robinwood Dr

4121 Monroe St

3431 Raymond Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1211 Emily St
Decatur, IN 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 | $1,116 | $745 | $2,380 |
| Decatur 3 Bedroom Homes for Rent | $1,515 | $899 | $2,199 |
| Decatur 4 Bedroom Homes for Rent | $1,405 | $1,065 | $1,800 |
Browse Top Homes for Rent in Decatur
Explore Decatur
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. The Meridian (Waterloo Gardens) in the Southeast Fort Wayne neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $650. 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 |
| The Meridian (Waterloo Gardens) | Standard 1 BED | 1 BATH - SM Flat | 2BR,1BA | $650 |
| PINE GROVE APARTMENTS | 1 BED 1 BATH | 1BR,1BA | $691 |
| River Pointe Townhomes | Spacious 1 Bedroom Flat | 1BR,1BA | $725 |
| Apple Glen | 2 Bedroom Unit | 2BR,1BA | $734 |
Best Value Apartments for Rent in Decatur, IN and Nearby
As of July 23, 2026 the best value apartment in the Decatur area is the $0.87 price per square foot 2 Bed 2 Bath Model at Morada at Maysville in the in the North Fort Wayne neighborhood starting from $1,834. The second greatest value Decatur apartment is the CLA 3BR/2.5BA Townhome Model at Coventry Court Townhomes starting at $1,379 with a $0.84 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 | $0.87 |
| Coventry Court Townhomes | CLA 3BR/2.5BA Townhome | 3BR,2.5BA | $0.84 |
| Foster Park Apartments | 2 Bed Classic | 2BR,1.5BA | $1.05 |
| Cardinal Creek Crossing Apartments | 2BD/1BA | 2BR,1BA | $0.99 |
| Emerald Square Villas | 2x1 Reno | 2BR,1BA | $0.92 |
| Apple Glen | 2 Bedroom Unit | 2BR,1BA | $0.85 |
| Woodlynn Apartments | Woodlynn Apartments | 2BR,1BA | $0.92 |
| Waynedale Village Apartments | Two Bed | 2BR,1BA | $1.16 |
| 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Decatur
What type of rentals are currently available in Decatur?
There are currently 55 Apartments for Rent in Decatur, IN with pricing that ranges from $620 to $4,963. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Decatur ranging from $700 to $2,380.
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 $700 to $2,380 with an average monthly rent of $1,218.
How much are larger Three and Four Bedroom Rentals in Decatur?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Decatur range from $946 to $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $2,199. Four Bedroom Single-Family rentals are also available starting from $1,065 and Four Bedroom Apartments start at $1,249.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.