Decatur, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Decatur short-term rental market based on reliable data.
Listings
65 / 156
Reliable / Active
Cap Rate
23%
Middle-Earners Gross Yield
Revenue
$22,728
Middle-Earners Revenue
Occupancy
72%
Middle-Earners Occupancy
Home Value
$98,191
Median Home Sale Price
Top Earners
$50,539
Top-Earners Revenue
Decatur
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Decatur.
Loading top listings...
Generally Investor friendly
Decatur Regulations
Decatur explicitly allows STRs with a straightforward $25 annual license per property, basic safety and tax obligations, and no explicit caps; however, operators must verify zoning, handle hotel/motel tax registration and remittance, and renew annually, making compliance manageable but not minimal.
Local STR Agent
STR specialist · Decatur, IL
About Decatur
Decatur ( dih-KAY-tər) is the largest city in and the county seat of Macon County, Illinois, United States. The city was founded in 1829 and is situated along the Sangamon River and Lake Decatur in Central Illinois. As of the 2020 census, it had a population of 70,522. It is the seventeenth-most populous city in Illinois. Decatur has an economy based on industrial and agricultural commodity processing and production. The city is home to Millikin University and Richland Community College.