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Rental Market Trends in Decatur, IN

Updated August 2026

The average rent in Decatur, IN is $1,001/month.

Rent in Decatur is 40% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.

$1,001/month

Average Rent

850 Sq Ft

Average Size

+10.7%

Change / Year

1

Available Apartments

Decatur rent varies by unit size and layout:

  • Studio apartments in Decatur average per month.
  • One-bedroom apartments in Decatur average $1,001 per month.
  • Two-bedroom apartments in Decatur average $818 per month.
  • Three-bedroom apartments in Decatur average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,001/month
850 Sq Ft
Two Bedroom
$818/month
861 Sq Ft
View Decatur Apartments

How much has average rent changed in Decatur, IN?

In the past year, rent has increased by 10.7%, which averages out to $107 more per month.

Market Trends Over Time

August 2026

2025 2026
Market Trends Over Time

Rent Ranges in Decatur, IN

August 2026
Below $701
Most rental prices fall within this range
Rent Ranges in Decatur, IN
Percentage*
Rent Range
50% Below $700/month
25% $700 - $1,000/month
25% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Decatur is $1,001, you’ll want to make about $3,336 per month or $40,032 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.

City

Decatur, IN

1 Available Apartments for Rent

Search for Nearby Apartments

How does Decatur, IN compare to other nearby cities and neighborhoods?

Use the tool below to compare Decatur, IN 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.

View the Decatur Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Bluffton

    Bluffton

    Avg Rent: $971/month

  • New Haven

    New Haven

    Avg Rent: $759/month

Apartment Communities in Decatur We Think You'll Love

Woodlynn Apartments

Woodlynn Apartments

709 Woodlynn Dr,
Decatur, IN 46733

2 Beds | $750

110 S 4th St

110 S 4th St

110 S 4th St,
Decatur, IN 46733

4 Beds | $1,800

Black Pine Flats

Black Pine Flats

1004-1006 Fayette Dr,
Fort Wayne, IN 46816

1 Bed | $799 - $979

Coral Club Apartments

Coral Club Apartments

502 Dolphin Dr,
Fort Wayne, IN 46816

2-3 Beds | $939 - $1,259

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Frequently Asked Questions

What is the average rent in Decatur?

The average rent in Decatur is $1,001 per month, which is 39.8% lower than the national average of $1,664.

Are rents going up or down in Decatur?

Rents in Decatur, IN are increasing, with prices up 10.7% year-over-year and $107 more per month.

What rent range is most common in Decatur?

In Decatur, IN, 50% of apartments fall below $700/month, though prices may vary depending on location and other factors.

United States Indiana Decatur Rental Trends

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.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity