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

76 / 158

Reliable / Active

Cap Rate

21%

Middle-Earners Gross Yield

Revenue

$21,383

Middle-Earners Revenue

Occupancy

76%

Middle-Earners Occupancy

Home Value

$100,881

Median Home Sale Price

Top Earners

$50,743

Top-Earners Revenue

Decatur

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Decatur.

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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.

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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.

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