$725 Per Month
- 1 Bed
- 1 Bath
- Townhouse for Rent
1058 N Main St, Decatur, IL 62521
Tenant is responsible for electric
Frequently Asked Questions
How much does it cost to rent a townhouse in Decatur, IL?
The median rent for a townhouse in Decatur, IL is $863 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while condos and single-family homes 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 $38,000 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 $950 per month in Decatur, IL, renters typically need to show $2,850 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 10.7, 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.
