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


4502 Gaywood Dr

345 Kinnaird Ave

3519 Euclid Ave

810 Baxter St

10737 Old Decatur Rd

1018 Baxter 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.

4721 Warsaw St

3128 Mc Donald St

2719 Manford St

3106 Smith St

3406 Robinwood Dr

2605 Westward Dr

3413 Oliver St
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.

1902 Drexel Ave

3201 Dinnen Ave

12204 Indianapolis Rd

130 N Gerke Ave

534 South St

4414 Oliver St

3405 Dalevue Dr
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.

2627 Belle Vista Blvd
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 | $1,031 | $825 | $1,450 |
| Decatur 3 Bedroom Homes for Rent | $1,341 | $915 | $2,395 |
| Decatur 4 Bedroom Homes for Rent | $1,441 | $1,025 | $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. Apple Glen has the second lowest priced unit, which is a 1 Bed apartment currently listed from $624. 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 |
| Apple Glen | 1 Bedroom Unit | 1BR,1BA | $624 |
| Waynedale Village Apartments | Studio | Studio,1BA | $689 |
| Adam & Bruce Senior Housing Apartments | Efficiency | Studio,1BA | $742 |
| River Pointe Townhomes | 1 Flat | 1BR,1BA | $750 |
Best Value Apartments for Rent in Decatur, IN and Nearby
As of September 06, 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 |
| PINE GROVE APARTMENTS | 3 BED 2 BATH | 3BR,2BA | $0.89 |
| Cardinal Creek Crossing Apartments | 2BD/1BA | 2BR,1BA | $0.99 |
| Fairview Court Apartments | 2x1.5 Down Reno | 2BR,1.5BA | $1.19 |
| Emerald Square Villas | 2x1 Reno | 2BR,1BA | $0.92 |
| Villa Capri Apartments | Prato | 1BR,1BA | $0.86 |
| Willow Creek Crossing | The Pullman | 1BR,1BA | $1.21 |
| Apple Glen | 1 Bedroom Unit | 1BR,1BA | $0.93 |
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 ArticleNavigating 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.
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 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Decatur ranging from $700 to $2,395.
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 $2,395 with an average monthly rent of $1,224.
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 $915 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,025 and Four Bedroom Apartments start at $1,699.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.