
Cheap Homes for Rent in Decatur, MI from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Decatur.


3013 Portage St

16950 Woodland Dr

9521 US-31

1088 Colonial Trail
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

24054-2M-43 M-43

444 Garland St

1068 Colonial Trail W

1318 Zilke Rd

3510 Kenbrooke Ct
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.
Decatur, MI 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 | $1,233 | $1,000 | $1,475 |
| Decatur 3 Bedroom Homes for Rent | $1,677 | $1,250 | $2,350 |
| Decatur 4 Bedroom Homes for Rent | $2,325 | $1,650 | $3,000 |
| Decatur 5 Bedroom Homes for Rent | $3,187 | $2,875 | $3,500 |
Browse Top Homes for Rent in Decatur
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Decatur, MI Local Guide
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Cheapest Available Decatur Apartments for Rent and Nearby
 The cheapest available apartment rental in Decatur, MI is a Studio unit found at Concord Place Apartments in the Colony Farm neighborhood priced from $783. McDowell Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here is today’s list of the most affordable Decatur apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Concord Place Apartments | Studio | Studio,1BA | $783 |
| McDowell Apartments | One bedroom | 1BR,1BA | $915 |
| Grierson Apartments | One Bedroom | 1BR,1BA | $915 |
Best Value Apartments for Rent in Decatur, MI and Nearby
As of May 08, 2026 the best value apartment in the Decatur area is the $1.21 price per square foot Three Bedroom Two-Story Model at Foxwood and The Hermitage in the in the Colony Farm neighborhood starting from $2,429. The second greatest value Decatur apartment is the 2x2.5 Classic Model at The Paddock Apartment Homes starting at $790 with a $0.61 price per square foot in the Colony Farm 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. |
|---|---|---|---|
| Foxwood and The Hermitage | Three Bedroom Two-Story | 3BR,2.5BA | $1.21 |
| The Paddock Apartment Homes | 2x2.5 Classic | 2BR,2.5BA | $0.61 |
| Forest Hills Townhomes | Three Bedroom | 3BR,2.5BA | $1.31 |
| Murray’s Flats | 2 Bedroom 1 Bath - 49877 | 2BR,1BA | $1.45 |
| Pines West Apartments | Two Bedroom | 2BR,1BA | $1.41 |
| McDowell Apartments | One bedroom | 1BR,1BA | $1.13 |
| Grierson Apartments | One Bedroom | 1BR,1BA | $1.13 |
| Willow Creek Apartments | The Woodcreek | 1BR,1BA | $1.49 |
| Briarwood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.42 |
| Lawrence Downs | 1 Bedroom | 1BR,1BA | $1.48 |
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, MI
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Decatur
What type of rentals are currently available in Decatur?
There are currently 39 Apartments for Rent in Decatur, MI with pricing that ranges from $638 to $2,732. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Decatur ranging from $850 to $3,500.
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 $850 to $3,500 with an average monthly rent of $1,875.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.