
Cheap Homes for Rent in Decatur, IN from $700 (22 Rentals)
Search the lowest-cost Homes available for rent right now in Decatur.


4430 S Park Dr

6010 Chaddsford Dr

2813 Chestnut St

2065 E Lakeside Dr

4325 Warsaw St

4003 Reed 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.

4015 E Pettit Ave

922 Hamilton Ave

4336 Spatz Ave

6918 Decatur Rd

2118 Drexel Ave

2501 Evans St

5302 Smith 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.

3708 Warsaw St

2803 Reed St

3420 Plaza Dr

4315 S Colonial Ave

9412 Vista Park Dr

405 Pursley Dr

204 E Central Ave
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.

604 McKinnie Ave
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 | $1,022 | $770 | $1,250 |
| Decatur 3 Bedroom Homes for Rent | $1,150 | $850 | $1,795 |
| Decatur 4 Bedroom Homes for Rent | $1,831 | $1,600 | $2,200 |
Browse Top Homes for Rent 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. Emerald Square Villas in the Southeast Fort Wayne neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. 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 |
| Emerald Square Villas | 1x1-Lg Classic | 1BR,1BA | $699 |
| River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment!!... | 1BR,1BA | $699 |
| The Elex - B | The Rose | 1BR,1BA | $704 |
| Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $742 |
Best Value Apartments for Rent in Decatur, IN and Nearby
As of January 07, 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 | 2x1.5 Townhome Upgrade | 2BR,1.5BA | $1.00 |
| PINE GROVE APARTMENTS | 3 BED 2 BATH | 3BR,2BA | $0.89 |
| Port O'Call Apartments | Villa | 2BR,1.5BA | $1.09 |
| Woodhaven Oaks | Tippecanoe | 2BR,2BA | $1.06 |
| Apple Glen | 2 Bedroom Unit | 2BR,1BA | $0.89 |
| Emerald Square Villas | 1x1-Lg Classic | 1BR,1BA | $0.92 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| River Pointe Townhomes | Cozy Corner! Your Perfect 1 Bedroom Apartment!!... | 1BR,1BA | $1.18 |
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 Decatur
What type of rentals are currently available in Decatur?
There are currently 51 Apartments for Rent in Decatur, IN with pricing that ranges from $610 to $4,963. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Decatur ranging from $770 to $2,200.
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 $770 to $2,200 with an average monthly rent of $1,334.
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 $849 to $4,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $1,795. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,099.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

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