Apartments in 62526

1 - 4 of 4 Results
11
$725
189 W Hickory Point Rd Decatur, IL
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
2
$745 - 860
3707 Northhaven Ct Decatur, IL
1 - 2 BR | Nov. 14, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony/Deck/Patio
2
$1,105
300 W Mound Decatur, IL
3 BR | Jan. 7, 2025
Contact
Dog Friendly
Cat Friendly
Fitness Center
Storage
Disability Access
0
$2,050
Decatur, IL
4 BR | Available Now
Contact
House
1 - 4 of 4 Results
  1. Home
  2. Decatur
  3. 62526

How much does it cost to rent an apartment in 62526?

62526 apartments
Bed Type Average Rent Range
1BR $730 $730 - $750
2BR $860 $860 - $860
3BR $1,110 $1,110 - $1,110

Decatur:
November Rent Report

Welcome to the November 2024 Decatur Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Decatur rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Decatur and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Decatur average rent prices in the chart below.

Monthly Rent Report

$950
$710
$480
$240
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Decatur Rent Prices Decrease From October to November

Decatur rent prices decreased over the last month. From October to November, the city experienced a -2.03% decrease for the price of a one-bedroom apartment. The rent price for a Decatur one-bedroom apartments currently stands at $676.0.

When we take a look at the two-bedroom comparison from October to November, Decatur experienced a -2.04% decrease for the price of a two-bedroom apartment. The rent price for a Decatur two-bedroom apartments currently stands at $815.0.

November Prices: Decatur vs. Surrounding Areas

Decatur, IL
$694
$0
$250
$500
$750
$1,000
Median 1 BR Rent

Rent Prices in Decatur and Surrounding Areas

Rent prices have decreased in Decatur over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Decatur suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Decatur suburbs

  • Rents did not decrease in any of the Decatur suburbs.

November 2024 Pricing Trends: Decatur vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Decatur, IL
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$694
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Decatur Rent Prices More Affordable Than Major Cities

Rent growth in Decatur over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Decatur average rent prices appear to be relatively affordable for local residents.

The price for a Decatur one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Decatur and surrounding area rent prices, take a look at the complete data set below.

Data set for Decatur and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Decatur, IL $694.0 -3.07% $832.0 -1.77%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.