1

Studio Apartment for Rent in Decatur, AL

Section Image
  • /35

    Starting at $765 Per Month

    • Studio - 3 Beds

    1619 11th St SE, Decatur, AL 35601

    Senior Discounts62+ is nothing but a number, yet it'll give you discounts!! Our primary concern is your comfort and happiness. These are the apartments for those looking for a distinctive home featuring privacy, practicality, convenience and charm. A carefree independent community designed for the big-hearted active adult.

    Granada Apartments & Townhomes

    1619 11th St SE, Decatur, AL 35601

Why Live in Decatur

Decatur's cultural scene centers around the historic Princess Theatre Center for the Performing Arts and the innovative Cook Museum of Natural Science. The Tennessee River shapes daily life, with Rhodes Ferry Park providing waterfront recreation and Wheeler National Wildlife Refuge attracting diverse wildlife species. Point Mallard Park features a seasonal water park and golf course, while the Old Decatur and Albany Historic Districts showcase preserved Victorian and Craftsman architecture. Local dining includes the renowned Big Bob Gibson Bar-B-Q and upscale Simp McGhee's, known for New Orleans-inspired seafood.

The housing market in Decatur includes approximately 400 homes for sale, with prices ranging from $138,000 to $845,000. The median sale price for single-family homes is $252,000, while townhomes have a median price of $216,500. Two-bedroom condos command a median price of $490,900. Neighborhood prices vary significantly: Old Decatur's single-family homes have a median price of $425,000, while West Decatur's median is $130,500. Burningtree features luxury homes with a median price of $465,000.

Living costs in Decatur run 15.8% below the national average. A family with school-age children needs approximately $90,000 annually to live comfortably, while renters should aim for $46,000. Property taxes are favorable at 0.35%, lower than Huntsville and Madison at 0.4%. The combined sales tax rate is 9.43%. Groceries cost 4.1% below the national average, and gas prices at $2.929 per gallon stay 9.7% below national figures.

The education system includes highly rated public schools like Brookhill Elementary and Leon Sheffield Magnet Elementary School, both rated A by Niche. Decatur Heritage Christian Academy, serving Flint City, maintains an A minus rating across elementary through high school levels.

Frequently Asked Questions

How much does it cost to rent a home in Decatur, AL?
The median rent for a home in Decatur, AL is $1,320 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Decatur, AL?
To comfortably afford the median rent in Decatur, AL, a household needs to earn roughly $52,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,320 per month in Decatur, AL, renters typically need to show $3,960 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Decatur, AL?
In Decatur, AL, the price-to-rent ratio is 13.6, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,320
Median Single Family Home Rent
$1,350
Median Townhouse Rent
$1,450
Median Condo Rent
$1,125
How to Rent a Home