Decatur, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Decatur short-term rental market based on reliable data.

Listings

78 / 163

Reliable / Active

Cap Rate

20%

Middle-Earners Gross Yield

Revenue

$21,533

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$107,783

Median Home Sale Price

Top Earners

$52,552

Top-Earners Revenue

Decatur

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Decatur.

Loading top listings...

B

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.

View Decatur Regulations →

Local STR Agent

STR specialist · Decatur, IL

Trusted Expert
Get Expert Help In Decatur
Free consultation Response within 24h

About Decatur

Decatur is a city in central Illinois and the county seat of Macon County, with a population of roughly 70,000 residents, making it one of the larger urban centers between Springfield and the Indiana border. Long associated with agriculture and heavy industry, Decatur has historical ties to companies such as Archer Daniels Midland and Caterpillar, and the surrounding Macon County farmland has helped earn the region a reputation as part of America's agricultural heartland. The city sits about 40 miles east of Springfield, the state capital, and roughly 180 miles southwest of Chicago, putting weekend visitors within easy driving distance of both the Lincoln-era sites of the state capital and the larger cultural draws of the Chicago metro. The presence of Lake Decatur, a reservoir on the Sangamon River that winds through town, gives the community a noticeable recreational spine and shapes much of its outdoor identity.

Just outside the city limits, Lincoln Trail Homestead State Memorial preserves a portion of the farm where Abraham Lincoln's parents lived before the family relocated to Indiana in 1816. Operated as an Illinois state historic site, it offers visitors a sense of frontier-era central Illinois and is roughly a fifteen-minute drive from downtown Decatur, making it a natural side trip for guests interested in Lincoln's early years.

A second well-known family-friendly draw is the Scovill Zoo, a small municipal zoo set in Decatur's Scovill Park and home to giraffes, zebras, primates, and an indoor reptile house. The zoo pairs well with a walk through the surrounding park and the adjacent Children's Museum of Illinois, which hosts hands-on exhibits aimed at younger visitors. Together, the two attractions anchor a relaxed half-day outing that is especially popular with families traveling through central Illinois.

For those wanting a longer nature break, Rock Springs Conservation Area offers a network of trails, picnic areas, and a nature center on the city's south side, managed by the Macon County Conservation District. The site functions as a gateway to the broader patchwork of conservation lands scattered across Macon and surrounding counties, and it appeals to hikers, birders, and casual cyclists looking for an easy escape from town.

Taken together, Decatur's central Illinois location, its proximity to Springfield's historical sites, and its mix of lakefront recreation, family attractions, and nearby conservation areas make it a practical and reasonably priced base for short-term rentals. Guests can spend mornings at the zoo or the Lincoln homestead, afternoons out on Lake Decatur or wandering Rock Springs, and evenings sampling the local restaurants and breweries that have grown up around the city's revitalizing downtown core.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc