Cheap Apartments for Rent in Mount Olive, IL from $300 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Mount Olive.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
McKay Manor
2 to 3 Bedroom Apartments

McKay Manor

1 McKay Manor DrBreese, IL 62230
property at 205 North St

205 North St

RaymondIL62560

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Read Article
close
View Me
Heatherton Estates
1 to 2 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Showing Results 1-34, Page 1 of 1

Mount Olive, IL Local Guide

Cheapest Available Mount Olive Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Olive, IL is a 1 Bed unit found at Rocwood Apartments priced from $650. The Residences at Bella Vista in the North Riverfront neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Mount Olive apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$650
The Residences at Bella VistaClassic1BR,1BA$700
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$700
Cedar Point ApartmentsEfficiencyStudio,1BA$750
ReNew at AltonFinley1BR,1BA$890
Spanish Lake TownhomesLuna1BR,1BA$900
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$900
Windham Chase2 BD/1B2BR,1BA$950
Metro Apartments At BethaltoSave up to $500 off Move In Costs with your EXC...1BR,1BA$950
Metro Apartments at Wood RiverSave up to $500 off Move In Costs with your EXC...1BR,1BA$950

Best Value Apartments for Rent in Mount Olive, IL and Nearby

As of May 18, 2025 the best value apartment in the Mount Olive area is the $1.04 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,495. The second greatest value Mount Olive apartment is the B1 Model at Parc at 720 starting at $915 with a $0.73 price per square foot in the Fruit Maple Carpenter neighborhood. Here is today’s list of the best values for Mount Olive apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$1.04
Parc at 720B12BR,2BA$0.73
Spanish Lake TownhomesAurora2BR,1.5BA$1.30
Parkview2x12BR,1BA$1.03
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.04
The Residences at Bella VistaRenovated2BR,1BA$1.13
Windham Chase2 BD/1B2BR,1BA$1.14
Broadway Place2 Beds, 1 bath2BR,1BA$1.34
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$1.08
Rocwood Apartments1BR Units1BR,1BA$1.05

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mount Olive, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Mount Olive, IL

View MapMount Olive, IL Apartments MapView MapMount Olive, IL Rental Homes Map

Getting Around Mount Olive, IL

Walk Score®

24 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Mount Olive Apartments

How much is rent for a Cheap One Bedroom Mount Olive Apartment?

The lowest price for a Cheap One Bedroom Mount Olive Apartment is $650 at Rocwood Apartments.

What is the lowest price for a Cheap Two Bedroom Mount Olive Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Olive is starting from $800 at River Pointe Apartments.

What is the most affordable Mount Olive Three Bedroom Apartment?

The best deal on a cheap Mount Olive Three Bedroom Apartment rental is at Rocwood Apartments and starts from $1,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.