5

Decatur, IL Condos for Rent

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  • /20

    $2,750 Per Month

    • 2 Beds
    • 2 Baths
    • 1,690 Sq Ft
    • Condo for Rent

    2634 S Forrest Green Dr, Decatur, IL 62521

    Property Id: 2525125 2 bed/2 bath with private attached garage, washer and dryer in-unit, security system. Can be available furnished with gym equipment for additional monthly charge.

    2634 S Forrest Green Dr, Decatur, IL 62521
  • /2

    $900

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    1643 N Main St Unit Up, Decatur, IL 62526

    Spacious 2 bedroom apartment in a duplex that offers a shared porch. Plenty of storage. LL provides garbage, water, and lawncare.

    1643 N Main St Unit Up, Decatur, IL 62526
  • /14

    $850

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • Condo for Rent

    706 W Prairie Ave Unit 2, Decatur, IL 62522

    Please call to confirm availability! We can't wait to speak with you!Welcome to GreySteele Properties, located in the beautiful, Decatur Illinois JUST a 0.5 mile (a convenient 2min drive or 6 min walk) from Milliken University!Ask about our Early bird credit of $100 offered for tenants setting up auto pay payments completed before the 1st each month!!Easy walking distance

    706 W Prairie Ave Unit 2, Decatur, IL 62522
  • /6

    $950 Per Month

    • 2 Beds
    • 1 Bath
    • 857 Sq Ft
    • Condo for Rent

    111 S Elder Ln, Decatur, IL 62522

    ? Sign a 13-month lease with us and get one month FREE! ?? Welcome to Reserve at Brickhaven S. Elder Ln – where comfort meets convenience in the heart of Decatur, IL!? Charming Studio Apartments? Located in the vibrant 62522 ZIP code, our 897 sq. ft. apartments are designed with your lifestyle in mind.Features You'll Love:?? Essential appliances: Refrigerator,

    111 S Elder Ln, Decatur, IL 62522
  • /14

    $950 Per Month

    • 2 Beds
    • 1 Bath
    • 857 Sq Ft
    • Condo for Rent

    117 S Elder Ln, Decatur, IL 62522

    ? Welcome to Reserve at Brick Haven S. Elder Ln – where comfort meets convenience in the heart of Decatur, IL!? Charming Studio Apartments? Located in the vibrant 62522 ZIP code, our 897 sq. ft. apartments are designed with your lifestyle in mind.Features You'll Love:?? Essential appliances: Refrigerator, range, and dishwasher?? Convenient on-site laundry

    117 S Elder Ln, Decatur, IL 62522

Frequently Asked Questions

How much does it cost to rent a condo in Decatur, IL?
The median rent for a condo in Decatur, IL is $950 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Decatur, IL?
To comfortably afford the median rent in Decatur, IL, a household needs to earn roughly $34,680 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 $867 per month in Decatur, IL, renters typically need to show $2,601 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, IL?
In Decatur, IL, the price-to-rent ratio is 11.5, 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 Condos for Rent
5
Median Condo Rent
$950
Median 1 Bedroom Condo Rent
$845
Median 2 Bedroom Condo Rent
$2,100
How to Rent a Home