Example household · $83,730 · same pay · 1 adult

Decatur

Housing in Decatur, AL: Rent, Home Prices & Property Tax

$2,516 left/mo

$772/mo (1 bd) in Decatur. Median home $185,000. Property tax 0.33%.

Rent (1-bedroom)
$772
/mo
Buy
$1,229
Mortgage, tax, insurance
Buying costs more
$457
/mo

To buy

  • 20% down payment$37,000
  • Mortgage at 7.24%$1,009
  • Property tax (0.33% of value)$51/mo · $611/yr
  • Insurance and upkeep$170
  • Monthly total$1,229

Months to 20% down

$2,516 left each month. About 15 months (1.3 years) to save $37,000.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

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