Rent in Decatur, IN
A 2-bedroom in Decatur, IN (ZIP 46733) typically rents for about $918 a month, with a range of $816–$1,020. Owner-occupied homes in Adams County pay about 0.77% 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 | $760 | $759–$760 | 1 |
| 1 bed | $940 | $931–$940 | 1 |
| 2 beds | $918 | $816–$1,020 | 1 |
| 3 beds | $1,087 | $884–$1,290 | 1 |
| 4 beds | $1,420 | $1,413–$1,420 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), 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, IN?
- About $918 a month: the median of the typical rents in 1 ZIP code, which range from $816–$1,020. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Decatur, IN?
- About $940 a month: the median of the typical rents in 1 ZIP code, which range from $931–$940. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Decatur, IN?
- About $1,087 a month: the median of the typical rents in 1 ZIP code, which range from $884–$1,290. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Decatur, IN?
- About $760 a month: the median of the typical rents in 1 ZIP code, which range from $759–$760. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Decatur, IN?
- About $1,420 a month: the median of the typical rents in 1 ZIP code, which range from $1,413–$1,420. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Decatur, IN?
- Owner-occupied homes in Adams County pay a typical 0.77% 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?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).