Decatur, IN

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

11 / 20

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$21,083

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$236,086

Median Home Sale Price

Top Earners

$27,842

Top-Earners Revenue

Decatur

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Decatur.

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A

Very Investor friendly

Decatur Regulations

STRs are explicitly permitted across a large share of Decatur with an active market (1,184+ properties, 10.83% of city area), implying permissive zoning and no visible caps. State-level requirements are standard (Retail Merchant Certificate, sales tax), with no city-level permitting burden or high fees reported, creating a supportive environment for investors.

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About Decatur

Decatur is a small city in northeastern Indiana that serves as the county seat of Adams County. With a population of roughly 9,000 residents, it has the character of a traditional Midwestern town — quiet streets, agricultural surroundings, and a close-knit community feel. Decatur is best known as a gateway to the rural landscapes and historic sites of east-central Indiana, and it sits about 30 miles south of Fort Wayne, the nearest major metropolitan area.

Just a short drive northeast of Decatur, in the nearby town of Geneva, lies Limberlost State Historic Site, the former home of author and naturalist Gene Stratton-Porter. About 15 minutes from town, the property preserves the cabin and surrounding wetland that inspired many of her early-twentieth-century nature novels. Visitors can tour the home, walk the trails through the recreated Limberlost swamp, and learn about one of Indiana's most celebrated writers. The site is one of the most distinctive cultural stops in the region and draws visitors interested in literature, natural history, and the conservation movement of the early 1900s.

Roughly 20 miles southwest of Decatur, Ouabache State Park offers a welcome change of pace for outdoor travelers. The park surrounds a reservoir and features miles of hiking and biking trails, fishing on the lake, and a small herd of bison that can be viewed from an overlook. It is a popular spot for camping, picnicking, and family outings, and it gives Decatur-area visitors an easy way to spend a day hiking, paddling, or simply enjoying a Midwestern sunset over open prairie.

About 30 minutes north, Fort Wayne broadens the options considerably. The city offers a children's zoo, a well-regarded botanical conservatory, several museums, and a redeveloped riverfront district. For guests who want a mix of small-town quiet and easy access to urban amenities, the short drive north makes Decatur a convenient home base.

Decatur appeals to short-term-rental investors because it offers an authentic slice of rural Indiana while sitting within easy reach of distinctive historic and outdoor destinations. The combination of Limberlost's literary heritage, Ouabache's outdoor recreation, and Fort Wayne's urban variety means guests can enjoy a slower pace in town and still find a full slate of day-trip options nearby. That balance of small-town atmosphere and regional accessibility gives the market a steady appeal for travelers seeking a quieter Midwestern experience.

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