Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Decatur area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments Near Millikin University

1 - 28 of 28 Results
13
Call for Pricing
Mt Zion Park Apartments
100 Burgener Dr Mt Zion, IL
2 BR | Available Now
7.8 miles from center of campus
Contact
Income Restricted
14
$1,022
Willow Heights
1460 E Wellington Way Decatur, IL
1 BR | Available Now
3.8 miles from center of campus
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
1
$725 - 1,299
Decatur Flats Apartments
520 S Church St Decatur, IL
1 - 3 BR | Jul. 10, 2026
1.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
1
$695
1339 W Wood St
Decatur, IL
2 BR | Available Now
0.3 miles from center of campus
Contact
8
$1,100
848 W William St Unit 848
Decatur, IL
3 BR | Available Now
0.4 miles from center of campus
Contact
Storage
1
$745
Rent To Own / Alquiler Con Opción A Compra / Handyman Special / Especial Para Manitas
821 N Oakland Ave Decatur, IL
2 BR | Available Now
0.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
12
$1,050
968 W View St
Decatur, IL
3 BR | May. 20, 2026
0.6 miles from center of campus
Contact
House
15
$700
464 W Prairie Ave Unit 4
Decatur, IL
1 BR | Available Now
0.7 miles from center of campus
Contact
1
$950
Freshly Renovated Bungalow In Home Park Area!
1091 N Oakcrest Ave Decatur, IL
2 BR | Available Now
1.0 miles from center of campus
Contact
House
1
$1,100
1204 N Church St
Decatur, IL
2 BR | Available Now
1.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
6
$950
3 Brv - Brick Haven Villas
105 S Elder Ln Decatour, IL
2 BR | Available Now
1.4 miles from center of campus
Contact
0
$740
1 Bed , 1 Bath Apartment Within Duplex
1527 N Main St Unit 1 Decatur, IL
1 BR | Available Now
1.4 miles from center of campus
Contact
1
$750
152 S Dipper Ln
Decatur, IL
Studio | Available Now
1.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Storage
Disability Access
16
$899
1908 N Union St
Decatur, IL
2 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Storage
1
$815
615 Harper Ave
Decatur, IL
2 BR | Available Now
1.6 miles from center of campus
Contact
House
Balcony/Deck/Patio
12
$895
1245 Sedgwick St
Decatur, IL
2 BR | Available Now
1.9 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
14
$800
165 S East Ave
Decatur, IL
2 BR | Available Now
2.0 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
16
$1,000
1718 E Cantrell St
Decatur, IL
3 BR | Available Now
2.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$1,100
2 Bedroom, 1 Bath 1312 E. Logan St.
1312 E Logan St Decatur, IL
2 BR | Available Now
2.3 miles from center of campus
Contact
House
8
$975
1544 E Hickory St
Decatur, IL
2 BR | Available Now
2.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
6
$900
2032 E N St
Decatur, IL
2 BR | Available Now
2.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
11
$1,100
751 S Miller Ct
Decatur, IL
2 BR | Available Now
2.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
2
$830 - 945
West Mound Apartments
3707 Northhaven Ct Decatur, IL
1 - 2 BR | May. 21, 2026
3.2 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Storage
12
$565 - 770
Timber Cove
1707 S Country Club Rd Decatur, IL
Studio - 2 BR | Available Now
3.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
1
$1,400
4 Bedroom 1.5 Bath In Argenta Oreana School District!
4145 Camelot Dr Decatur, IL
4 BR | Available Now
4.4 miles from center of campus
Contact
House
1
$835
3420 Fontenac Dr
Decatur, IL
1 BR | Available Now
4.5 miles from center of campus
Contact
15
$1,500
4318 E Cantrell St
Decatur, IL
2 BR | Available Now
4.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
1
$2,500
Maroa-forsyth Ranch For Rent!
749 Christopher Dr Forsyth, IL
3 BR | Available Now
5.7 miles from center of campus
Contact
House
1 - 28 of 28 Results
  1. Home
  2. Decatur
  3. Millikin University
Frequently Asked Questions

How many apartments are available in Decatur, IL on Rentable.co?

Rentable.co has over 1,033 apartments available in Decatur.

What is the average rent for a studio apartment in Decatur, IL?

The average rent for a studio apartment in Decatur is around $660 per month.

What is the average rent for a one-bedroom apartment in Decatur, IL?

The average rent for a one-bedroom apartment in Decatur is around $740 per month.

What is the average rent for a two-bedroom apartment in Decatur, IL?

The average rent for a two-bedroom apartment in Decatur is around $950 per month.

How expensive is it to rent an apartment in Decatur, IL?

For a two-bedroom apartment in Decatur, the average rent price is $950 per month, which is lower than the national average of $1,640 per month.

Can I afford an apartment for rent in Decatur, IL?

Based on average rent prices in Decatur, to afford a studio apartment you would need an annual household income of $26,000 to live comfortably.

Millikin University

Millikin, on the western edge of downtown Decatur, is ranked in the top 10 on the list of the city’s neighborhoods with the lowest crime rates. And the communities that surround it to the west like West Main Street, West Pershing Road, and Elwin are also in the top 10. The neighborhoods directly to the east of Millikin (north of Near Westside) are usually the ones with the highest crime. The communities close to Downtown typically have higher crime, and if you don’t mind a slightly longer commute, outer neighborhoods like Elwin and North Martin Luther King Jr Dr (near Cresthaven Park) are safer. Women outnumber men in Millikin’s student body by a 60% to 40% split. The vast majority of students are Caucasian, but there are also pockets of minority students and student organizations to support them. Overall, the school is very small with just over 2,000 undergrad students and under 100 grad students. 64% of students live on-campus, and 36% live in off-campus housing. There are around a hundred student organizations (which is a lot for a smaller school), and one out of every five guys and girls join a Greek organization.

Decatur:
May Rent Report

Welcome to the May 2026 Decatur Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2026 key findings and figures for the Decatur rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Decatur and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Decatur average rent prices in the chart below.

Monthly Rent Report

$900
$680
$450
$230
$0
Jun. 2025
Jul. 2025
Aug. 2025
Sep. 2025
Oct. 2025
Nov. 2025
Dec. 2025
Jan. 2026
Feb. 2026
Mar. 2026
Apr. 2026
May. 2026
1 BR       2 BR

Decatur Rent Prices Decrease From April to May

Decatur rent prices decreased over the last month. From April to May, the city experienced a 0% decrease for the price of a one-bedroom apartment. The rent price for a Decatur one-bedroom apartments currently stands at $.

When we take a look at the two-bedroom comparison from April to May, Decatur experienced a 0% decrease for the price of a two-bedroom apartment. The rent price for a Decatur two-bedroom apartments currently stands at $.

May Prices: Decatur vs. Surrounding Areas

Rent Prices in Decatur and Surrounding Areas

Rent prices have decreased in Decatur over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Decatur suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Decatur suburbs

  • Rents did not decrease in any of the Decatur suburbs.

May 2026 Pricing Trends: Decatur vs. National Comparisons

Decatur Rent Prices More Affordable Than Major Cities

Rent growth in Decatur over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Decatur average rent prices appear to be relatively affordable for local residents.

The price for a Decatur one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Decatur and surrounding area rent prices, take a look at the complete data set below.

Data set for Decatur and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Decatur Apartments
Decatur Apartments by Bedrooms
Decatur Apartments by Affordability
Decatur Apartments with Amenities
Decatur Apartments by Type
Decatur Apartments by Zip Code