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Average Rent in Decatur, IL & Rent Trends

Rent prices and market trends across 5 apartment communities in Decatur, IL. Updated daily.

Market Average

$952/mo

▼ 2.7% from last month

Lowest Available

$690/mo

cheapest unit on market

Communities

5

tracked daily

Units Listed

26

available now

Rent by Neighborhood in Decatur, IL

Compare average rent across Decatur, IL neighborhoods. Click any area to see detailed trends.

Neighborhood Avg Rent From Properties Units
Decatur 62526 $1,081 $775 2 5
Decatur 62522 $971 $725 2 14
Decatur 62521 $821 $690 1 7

Is Rent Going Up or Down in Decatur, IL?

As of July 2026, the average rent in Decatur, IL is $952 per month across 5 apartment communities and 26 available units. Rents have decreased $31 (2.7%) over the past month.

The most affordable option is Timber Cove Apartments starting at $690/mo. By unit type, a studio averages $1,297/mo, a 1-bedroom averages $774/mo, a 2-bedroom averages $852/mo, a 3-bedroom averages $1,197/mo.

Prices range from $690 to $1,900 per month. The most common price point is the $600 range, where 12 units are currently listed.

Decatur, IL Rent Price History

Window

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Decatur, IL

Studio
$1,297
from $690 · 3 units
1 Bed
$774
from $725 · 6 units
2 Bed
$852
from $775 · 12 units
3 Bed
$1,197
from $1,055 · 5 units

Rent Prices by Apartment in Decatur, IL

Property Starting at Average Units Rating
Timber Cove Apartments $690/mo $821/mo 7 3.9
Decatur Flats Apartments $725/mo $866/mo 12 3.9
The Quarry Apartments $775/mo $1,010/mo 3 4.2
Carriage House Apartments of Decatur $1,046/mo $1,188/mo 2 4.4
Apply Online | Painted Lady Properties $1,300/mo $1,600/mo 2 3.8

Frequently Asked Questions About Rent in Decatur, IL

What is the average rent in Decatur, IL?

The average rent in Decatur, IL is $952 per month as of July 2026, based on 26 units across 5 apartment communities.

Is rent going up or down in Decatur, IL?

Rent in Decatur, IL has decreased $31 (2.7%) over the past month. The current average is $952/mo.

What is the cheapest apartment in Decatur, IL?

The most affordable apartment in Decatur, IL is Timber Cove Apartments with units starting at $690/mo.

How much is a 1-bedroom apartment in Decatur, IL?

A 1-bedroom apartment in Decatur, IL averages $774/mo, with prices starting at $725/mo across 6 available units.

How many apartments are available in Decatur, IL?

There are 26 units available across 5 apartment communities in Decatur, IL.

What salary do I need to live comfortably in Decatur, IL?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$38,000/year

Based on the 30 percent rule, using our tracked average rent of $952/mo.

Comfortable income

$46,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($690/mo), you need to earn at least $28,000/year.

Median household income in Decatur, IL is $50,809 , about 11% above the comfortable-living threshold.

Cost of living in Decatur, IL

Overall prices in Decatur, IL runs below the national average by about 13% (BEA Regional Price Parity index 86.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Decatur, IL's regional price parities.

Category Monthly estimate
Rent (market average) $952
Utilities $237
Groceries $503
Transportation $564
Healthcare $275
Other goods and services $440
Estimated total $2,971/mo

Population

70,368

Median household income

$50,809

Census median rent

$796/mo

Rent as % of income

26.5%

Median age

39.9

Mean commute

17 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Explore Decatur, IL Apartments

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