Illinois · HUD FY2026 Fair Market Rents · Updated

Rent in Decatur, IL

HUD puts rent for a two-bedroom in Decatur, IL at $1,063 a month for 2026, and a one-bedroom at $845. Keeping the two-bedroom under 30% of income takes $20.44 an hour full time, or $42,520 a year. The typical household there would spend 24.7% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,091 (up 2.6%).

Rent in Decatur, IL at a glance

2-bedroom rent (HUD)

$1,063$12,756 a year · HUD fiscal year 2026From October 1, 2026: $1,091 (+2.6%)
Studio$840$16/hr needed
1 bedroom$845$16/hr needed
Wage a 2-bedroom takes$20.44an hour, 40 hours a week
3 bedrooms$1,378$27/hr needed

How much rent can you afford in Decatur, IL?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,063Monthly market rent
Share of gross income24.7%Recommended max: 30%
Annual income needed$42,520To meet the 30% standard
Max affordable rent$1,290At 30% of $51,592
0%30% (Affordability standard)100%
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Rent in Decatur, IL by bedroom, and the pay it takes

Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.

HUD Fair Market Rent in Decatur, IL, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$840$10,080$33,600$16.15/hr
1 bedroom$845$10,140$33,800$16.25/hr
2 bedroomsMost searched$1,063$12,756$42,520$20.44/hr
3 bedrooms$1,378$16,536$55,120$26.50/hr
4 bedrooms$1,706$20,472$68,240$32.81/hr

Cost of living in Decatur, IL: income, prices and a budget →

Rent in Decatur, IL: common questions

How much is rent going up in Decatur, IL in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,091 for a two-bedroom, up 2.6% from $1,063. A one-bedroom goes from $845 to $857, a studio from $840 to $851.

These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.

What is the average rent in Decatur, IL?

HUD's Fair Market Rent for 2026 is $845 for a one-bedroom and $1,063 for a two-bedroom, utilities included. That is $12,756 a year for the two-bedroom.

It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.

How much do you need to make to afford rent in Decatur, IL?

To keep a $1,063 two-bedroom at 30% of gross pay, one full-time worker needs $20.44 an hour, or $42,520 a year. A one-bedroom at $845 takes $16.25 an hour.

How much is a 1, 2 or 3-bedroom apartment in Decatur, IL?

At HUD's 2026 Fair Market Rent: studio $840, one bedroom $845, two $1,063, three $1,378 and four $1,706 a month.

Is rent affordable in Decatur, IL?

For the typical household, earning $51,592 a year ($4,299 a month, Census ACS), a two-bedroom at $1,063 takes 24.7% of income. Under 30% is the usual line for affordable; this is under it.

How is the income needed for rent worked out?

Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,063 × 12) ÷ 0.30 = $42,520. Divided by 2,080 working hours, that is $20.44 an hour.