Albany Landing Apartments
416 Hay Dr SW,
Decatur, AL 35603
1-2 Beds | $899 - $1,224
Rental Market Trends in Decatur, AL
Updated August 2026
The average rent in Decatur, AL is $762/month.
Rent in Decatur is 54% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$762/month
Average Rent
624 Sq Ft
Average Size
-1.1%
Change / Year
246
Available Apartments
Decatur rent varies by unit size and layout:
- Studio apartments in Decatur average $904 per month.
- One-bedroom apartments in Decatur average $762 per month.
- Two-bedroom apartments in Decatur average $949 per month.
- Three-bedroom apartments in Decatur average $1,147 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Decatur, AL?
In the past year, rent has decreased by 1.1%, which averages out to $8 less per month.
Market Trends Over Time
August 2026
2025
2026
Rent Ranges in Decatur, AL
August 2026
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
25%
Below $700/month
44%
$700 - $1,000/month
28%
$1,001 - $1,500/month
3%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Decatur, AL?
Because the average rent in Decatur is $762, you’ll want to make about $2,540 per month or $30,480 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Decatur, AL is 16.1% lower than the national average. Generally, housing in Decatur is 31.6% less expensive than the national average, with rent falling between $762 - $1,147. You can expect to pay 3.5% less for groceries, 11.5% less for utilities, and 8.9% less for transportation.
How does Decatur, AL compare to other nearby cities and neighborhoods?
Use the tool below to compare Decatur, AL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
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Frequently Asked Questions
What is the average rent in Decatur?
The average rent in Decatur is $762 per month, which is 54.2% lower than the national average of $1,664.
What is the average rent for a house in Decatur?
The average rent for a house in Decatur, AL is $1,587 per month.
What is the average rent for a townhome in Decatur?
The average rent for a townhome in Decatur, AL is $1,173 per month.
Are rents going up or down in Decatur?
Rents in Decatur, AL are decreasing, with prices down 1.1% year-over-year and $8 less per month.
What rent range is most common in Decatur?
In Decatur, AL, 44% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.