Decatur, AL housing market
Typical home value
$220K
▼ 0.9% 1 yr
Typical rent
$1,042/mo
▲ 2.1% 1 yr
Gross rent yield
5.7%
U.S. 6.3%
5-year home value change
+14%
U.S. +20%
Key takeaways
- 1The typical home in Decatur is worth $219,954, down 0.9% over the past year and up 14% over five years.
- 2Typical rent is $1,042 a month (+2.1% YoY), a gross rent yield of 5.7% (below the Decatur, AL metro's 5.7%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,209/mo, $167 more than typical rent.
- 4Zillow forecasts the Decatur, AL metro's home values to change +2.2% over the next 12 months.
Market temperature (Decatur, AL metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 54/100, #94 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Decatur compares
| Measure | Decatur | Decatur, AL metro | United States |
|---|---|---|---|
| Typical home value | $219,954 | $226,560 | $366,157 |
| Home value, 1-yr change | −0.9% | +0.6% | +1.2% |
| Typical rent | $1,042 | $1,082 | $1,932 |
| Rent, 1-yr change | +2.1% | +2.5% | +2.7% |
| Gross rent yield | 5.7% | 5.7% | 6.3% |
| Price-to-rent ratio | 17.6 | 17.4 | 15.8 |
| Mortgage P&I, typical home | $1,209 | $1,245 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Decatur rental, pre-filled.
Rent vs buy in Decatur
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $220K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.