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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: 25251252 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.

    (217) 393-3814

    2634 S Forrest Green Dr, Decatur, IL 62521
  • /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
  • /7

    $740 Per Month

    • 1 Bed
    • 1 Bath
    • 1 bed , 1 bath Apartment within Duplex

    1527 N Main St Unit 1, Decatur, IL 62526

    Welcome to your new home in Decatur, IL! This 1 bed, 1 bath apartment is part of a duplex that offers a shared porch. The location is unbeatable, being just a stone's throw away from Downtown Decatur. The apartment is also conveniently located near various shopping centers, making your daily errands a breeze. Trash service is included. Experience the perfect blend of comfort and convenience

    1527 N Main St Unit 1, Decatur, IL 62526
  • /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 June 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 $35,960 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 $899 per month in Decatur, IL, renters typically need to show $2,697 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 11.3, 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.

Condo Rental Trends in Decatur, IL

Rental Home Trends

Number of Condos for Rent
4
Median Condo Rent
$950
Median 1 Bedroom Condo Rent
$695
Median 2 Bedroom Condo Rent
$2,425
How to Rent a Home