Decatur, IL

Metro area in Illinois · Updated Jan 2026

12-Month Forecast ↑ +2.3%

Median Home Value

$116,128

↑ +7.7%

Year-over-year

Median Rent

$1,045/mo

↑ +10.3%

Year-over-year

Rental Yield

10.8%

Excellent for investors

5-Year Appreciation

+35.1%

Income Needed to Buy

$36,919

20% down, 30% DTI max

Active Listings

308

For-sale inventory

Price-to-Rent Ratio

9.3

Favors buying

Price Forecast

1 Month

↑ +0.9%

3 Months

↑ +1.8%

12 Months

↑ +2.3%

5-Year Price Trend

Calculate your mortgage for Decatur, IL

See monthly payments for a $116,128 home →

Should you rent or buy in Decatur, IL?

Price-to-rent ratio: 9.3x — Buying likely wins. Run a full breakeven analysis with Decatur, IL numbers pre-filled →

Frequently Asked Questions