Housing in Decatur
Detailed housing data — sourced from authoritative datasets and normalized for direct comparison.
Housing in Decatur, Alabama
The housing market in Decatur offers a more affordable environment compared to national averages, with the median home value around $170,000 in 2026. The median property value saw a 9.46% increase between 2023 and 2024, reaching $202,500. Homeownership is prevalent, with a rate of 74.6% in 2024, which is higher than the national average. For renters, the average monthly rent for a one-bedroom apartment is approximately $800, and a two-bedroom averages around $960, making renting significantly more affordable than in many other U.S. cities. The cost of housing in Decatur is approximately 32% lower than the national average.
Housing
About Decatur, Alabama
Decatur, Alabama, often referred to as 'The River City,' is a vibrant community nestled along the Tennessee River in North Alabama. The city boasts a rich history, evident in its architecture and cultural institutions, and offers a welcoming, small-town feel with the conveniences of a larger area. Originally two distinct towns that merged in 1925, Decatur has developed a unique character, with eastern portions exhibiting a more suburban and traditional ambiance, while western areas lean towards a metropolitan and contemporary style. People are drawn to Decatur for its progressive business environment, family-friendly neighborhoods, and a strong sense of community, making it an attractive place for both long-time residents and newcomers alike.
About Alabama
Alabama, a Southeastern U.S. state, is characterized by its rich history, diverse landscapes ranging from the Appalachian foothills to the Gulf Coast, and a strong sense of Southern hospitality. The state's economy is diverse, with major industries including automotive manufacturing, aerospace, advanced manufacturing, technology, bioscience, and agriculture. Living in Alabama generally offers an affordable lifestyle, with the cost of living, particularly housing, being significantly lower than the national average. The climate is humid subtropical, featuring long, hot summers and mild winters with ample precipitation throughout the year, allowing for year-round outdoor activities.