Homes for Rent in 62521

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What to Know About

Living in 62521

Decatur is a hidden gem with a rich blend of history and nature. It offers a unique combination of educational opportunities, cultural attractions, and outdoor recreation. First, immerse yourself in Decatur's rich history at the Children's Museum of Illinois, or visit the Decatur Area Historical Society Museum and the Hieronymus Mueller Museum. Then, check out the Kirkland Fine Arts Center or the Chevrolet Hall of Fame Museum for art and entertainment.

Nature lovers will enjoy the Scovill Zoo and the city's breathtaking natural areas, including Spitler Woods State Natural Area and Rock Springs Conservation Area. For fishing and boating, head to Lake Decatur or take a stroll through Fairview Park to enjoy its gorgeous scenery. For food lovers, Decatur is a hidden gem with various locally-owned restaurants, such as The Beach House, La Gondola, and Krekel's Custard, serving delicious dishes that satisfy every palate. In addition, the city hosts a range of festivals and events throughout the year, including the Soybean Festival, the Decatur Celebration, and the Christmas Parade.

With its low cost of living, variety of recreational activities, and strong sense of community, Decatur is an excellent choice for those seeking a great place to call home.

Rental Market Trends

Decatur, IL

As of July 2025, Decatur's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Decatur's average rent is 53.6% ($934) lower than the Illinois average of $1,743 and 54.4% ($966) lower than the U.S. average of $1,775.

Average Rent
$809
Monthly ChangeMonth Over Month Change
Increased2.1% ($17)
Yearly ChangeYear Over Year Change
Decreased9.7% ($87)
Avg. Days on MarketAverage Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $694 Decreased0.3% ($2) Increased0.9% ($6)
2 Beds $848 Increased1.9% ($16) Increased3% ($25)
3 Beds $1,160 Decreased0.3% ($3) Increased6.1% ($67)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Decatur Rental Market FAQs

Explore rental prices, market trends, and availability in Decatur, IL.

The average rent in Decatur, IL is $809 per month.
Homes in Decatur typically rent for between $600 and $1,508 per month, with an average of $809 per month.
In Decatur, the average rent for a 1-bedroom home is $694 per month, for a 2-bedroom home, $848 per month, and a 3-bedroom home is $1,160 per month.
The average rent in Decatur is 54.4% ($966) lower than the national average of $1,775 per month.
The average rent in Decatur has increased by 2.1% ($17) in the last month and decreased by 9.7% ($87) over the past year.
The rental market in Decatur, IL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Decatur, IL, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 44 rental properties available in Decatur, IL.
Based on the current averages, a household would need an annual income of $33,920 to comfortably afford a 2-bedroom home in Decatur.
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