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Rental Market Trends in Decatur, IN

What is the average rent in Decatur, IN?

$999/month

Average Rent

850 Sq Ft

Average Apartment Size

+4.5%

Increase in the Last Year

As of May 2026, the average rent in Decatur, IN is $999 per month. This is 39% lower than the national average rent of $1,644/month, making renting in Decatur more affordable than most cities in the US. When you rent an apartment in Decatur, you can expect to pay about per month for a studio, $999 for a one-bedroom apartment, and around $769 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$999/month
850 Sq Ft
Two Bedroom
$769/month
861 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Decatur, IN?

In the past year, rent has increased by 4.5%, which averages out to $45 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated May 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Decatur, IN
Last Updated May 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 $999, you’ll want to make about $3,330 per month or $39,960 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

3 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.

Explore the Area Guide for Decatur, IN

Apartment Averages

Nearby City Rent Trends

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  • New Haven Average Rent

Apartment communities in Decatur we think you'll love

Woodlynn Apartments

Woodlynn Apartments

709 Woodlynn Dr,
Decatur, IN 46733

$750

2 Beds

1010 Lewis Pl

1010 Lewis Pl

1010 Lewis Pl,
Decatur, IN 46733

$675

1 Bed

1034 Lewis Pl

1034 Lewis Pl

1034 Lewis Pl,
Decatur, IN 46733

$675

1 Bed

OAK TERRACE APARTMENTS

OAK TERRACE APARTMENTS

191 Interlaken Dr,
Berne, IN 46711

$900 - $950

2 Beds

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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 February 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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Equal Housing Opportunity