Rent in Decatur, IL
Across Decatur's 6 ZIP codes, a 2-bedroom typically rents for about $872 a month, with figures from $597–$1,091. The highest typical rent is in 62525 ($1,091) and the lowest in 62523 ($597). 4 ZIPs have ZIP-level figures from HUD or Census; the other 2 use the county Fair Market Rent. Owner-occupied homes in Macon County pay about 2.12% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $851 | $755–$851 | 6 |
| 1 bed | $772 | $281–$857 | 6 |
| 2 beds | $872 | $597–$1,091 | 6 |
| 3 beds | $1,241 | $937–$1,407 | 6 |
| 4 beds | $1,547 | $949–$1,724 | 6 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Decatur ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Decatur, IL?
- About $872 a month: the median of the typical rents in 6 ZIP codes, which range from $597–$1,091. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Decatur, IL?
- About $772 a month: the median of the typical rents in 6 ZIP codes, which range from $281–$857. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Decatur, IL?
- About $1,241 a month: the median of the typical rents in 6 ZIP codes, which range from $937–$1,407. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Decatur, IL?
- About $851 a month: the median of the typical rents in 6 ZIP codes, which range from $755–$851. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Decatur, IL?
- About $1,547 a month: the median of the typical rents in 6 ZIP codes, which range from $949–$1,724. Figures are gross rent (rent plus tenant-paid utilities).
- Which Decatur ZIP code has the highest rent?
- For a 2-bedroom, 62525 has the highest typical rent at $1,091 a month, and 62523 the lowest at $597.
- What is the property tax rate in Decatur, IL?
- Owner-occupied homes in Macon County pay a typical 2.12% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Decatur rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).