Much like its nearby areas, it is a lot less expensive compared to the US as a whole. Compared to the city of Fort Wayne however, it's a bit less expensive.
Home prices
The price of the median home in Decatur is $83,100. Compared to its surrounding areas it is approximately $840 (1%) lower.In comparison to the US as a whole it is approximately $134,400 (61%) lower, and it is roughly $32,000 (27%) lower in comparison to the city of Fort Wayne.
Rents
The median rent in Decatur is $763 per month. This is roughly $100 (15%) higher compared to the surrounding areas.It is about $299 (28%) lower in comparison to the nation as a whole, and it is is very similar compared to the city of Fort Wayne.
Nearby places
Lawton
Lawton is about 6 miles northeast of Decatur. The housing prices there are a little more expensive. The median home in Lawton costs $104,600, which comes out to $21,500 (20%) higher than Decatur. Its rents are a bit less expensive. Lawton's median monthly rent is $628, which comes out to $135 (21%) lower than Decatur.
Lawrence
Lawrence is about 7 miles northwest of Decatur. The housing prices there are a little less expensive. The price of the median home in Lawrence is $74,300, which works out to $8,800 (11%) lower than Decatur. Rent there is a lot less expensive. In Lawrence the median rent is $560 per month, which comes out to $203 (36%) lower than Decatur.
Paw Paw
Paw Paw is approximately 7 miles northeast from Decatur. Real estate prices there are a little more expensive. The median home price in Paw Paw is $95,800, which is $12,700 (13%) higher than Decatur. Its rents are a little less expensive. In Paw Paw the median monthly rent is $668, which is $95 (14%) lower than Decatur.
Marcellus
Marcellus is about 8 miles southeast of Decatur. Its housing prices are a little less expensive. The median home in Marcellus costs $73,900, which is $9,200 (12%) lower than Decatur. Its rents are a bit more expensive. In Marcellus the median rent is $879 a month, which comes out to $116 (13%) higher than Decatur.
Dowagiac
Dowagiac is approximately 10 miles southwest of Decatur. Its real estate prices are a bit less expensive. The median home in Dowagiac is valued at $71,100, which comes out to $12,000 (16%) lower than Decatur. Rent there is somewhat less expensive. The median monthly rent in Dowagiac is $579, which comes out to $184 (31%) lower than Decatur.
