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These days, finding an affordable place to live in the Decatur area can be challenging. Home prices in Decatur are now at a median cost of $180,455, lower than the Michigan average of $250,415.
The average cost of rent is $852/mo in Decatur, primarily driven by the current value of real estate in the Decatur area. In Decatur, 15.59% of households rent, and 43.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Decatur is $6,001 per month. Households that rent pay about 14.20% of their income on rent here. Decatur’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Volinia, MI: higher priced homes
- Glenwood, MI: higher priced homes
- Nicholsville, MI: higher priced homes
- Lawton, MI: higher priced homes
- Lawrence, MI: equally priced homes
- Keeler, MI: higher priced homes
- Wakelee, MI: higher priced homes
- Paw Paw, MI: higher priced homes
- Pokagon, MI: higher priced homes
- Penn, MI: higher priced homes
Cities with Similar Populations
- Sauk City, WI: higher priced homes
- Edwardsville, KS: higher priced homes
- Edinburg, VA: higher priced homes
- Roselawn, IN: higher priced homes
- Edgartown, MA: higher priced homes
- Eclectic, AL: higher priced homes
- Eastaboga, AL: less expensive homes
- East Windsor, CT: equally priced homes
- East Walpole, MA: higher priced homes
- East Prairie, MO: less expensive homes
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