Median rent
for residential apartments
in Decatur, IL
as of Apr, 2023.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
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14 Decatur, IL, USA apartments for rent
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$647 - 3 Bedroom 1 Bathroom House In Decatur!! RENT TO OWN!!
403 E Division St
3
Bed
1
Bath
1,168
Sq Ft
FireWater Cottage with serene Lake views and a cozy relaxing environment.
Decatur, IL
2
Bed
1
Bath
950
Sq Ft
Historical California Bungalow 1 block from Millikin University
Decatur, IL
3
Bed
2
Bath
1,700
Sq Ft
Large lake house w/ lake access, boat house, great for family vacations, boating
Decatur, IL
5
Bed
4
Bath
4,260
Sq Ft
Rented
1 bedroom furnished suite perfect for traveling professional.
Decatur, IL
1
Bed
1
Bath
250
Sq Ft
Decatur
Decatur, IL has a population of 73,505, while the median age is 39. The household income in Decatur, IL is around $41,977. The homeownership rate among the residents is 63%. The median residential property value in Decatur, IL that you should keep in mind is $80,600.
| Population | 73,505 |
| Median Age | 39 |
| Poverty Rate | 22% |
| Household Income | $41,977 |
| Number Of Employees | 31,859 |
| Median Property Value | $80,600 |
Housing Trends
Average apartment rent in Decatur:
$4,965 (+281.9%)
Rent Price |
Apr | vs Last Month |
|---|---|---|
| 1-bed apartments | $1,185 | -8.8% |
| 2-bed apartments | $4,650 | N/A |
| 3-bed apartments | $5,688 | N/A |
| 4+ bed apartments | $9,540 | N/A |
Over the April 2023, the average rent for an apartment in/near Decatur, IL increased by 281.9% to $4,965.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 8.8% to $1,185. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $4,650. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $5,688. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $9,540 for a big-family home.
Rent Type Price |
Apr | vs Last Month |
|---|---|---|
| Houses for rent | $6,330 | +386.9% |
| Townhouses for rent | $4,650 | N/A |
| Apartments for rent | $1,185 | N/A |
Looking at the median rent price for an apartment in Decatur, IL, you can note that it remains flat with a price tag of $1,185. Statistics show that house rent price increased by 386.9% this month making it up to $6,330. Townhouse rent pricing didn’t change, the price still starts at $4,650.
Rent vs Own
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