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

Decatur

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

$2,666 left/mo

$699/mo (1 bd) in Decatur. Median home $121,800. Property tax 2.10%.

Rent (1-bedroom)
$699
/mo
Buy
$989
Mortgage, tax, insurance
Buying costs more
$290
/mo

To buy

  • 20% down payment$24,360
  • Mortgage at 7.24%$664
  • Property tax (2.10% of value)$213/mo · $2,558/yr
  • Insurance and upkeep$112
  • Monthly total$989

Months to 20% down

$2,666 left each month. About 10 months (0.8 years) to save $24,360.

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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