Cheap Apartments for Rent in Mount Olive, IL from $500 (38 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.

property at 205 North St

205 North St

RaymondIL62560
close
View Me
Heatherton Estates
1 to 2 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Showing Results 1-38, 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. River Pointe Apartments in the Baden neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Mount Olive apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rocwood Apartments1BR Units1BR,1BA$650
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$650
The Residences at Bella VistaForest1BR,1BA$700
Cedar Point ApartmentsEfficiencyStudio,1BA$750
The Social EdwardsvilleThe Cougar Unfurnished4BR,4BA$759
Bilava Village1BD/1BA1BR,1BA$795
Metro Apartments at Wood RiverFREE March Rent - Spring Move-In Special - Move...1BR,1BA$850
Metro Apartments At BethaltoFREE March Rent - Spring Move-In Special - Move...1BR,1BA$850
The Raymond ApartmentsTwo bedroom2BR,1BA$850
Windham Chase2 BD/1B2BR,1BA$895

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

As of March 27, 2025 the best value apartment in the Mount Olive area is the $1.01 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 $1,450. The second greatest value Mount Olive apartment is the B1 Model at Parc at 720 starting at $900 with a $0.72 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$1.01
Parc at 720B12BR,2BA$0.72
Storyboard on LancashireLancashire B12BR,1BA$1.04
Parkview2x12BR,1BA$0.97
Paddock Village Apartments2 Bedroom 1.5 Bath2BR,1.5BA$1.05
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.04
The Raymond ApartmentsTwo bedroom2BR,1BA$1.00
Windham Chase2 BD/1B2BR,1BA$1.07
River Pointe Apartments2 Bed / 1 Bath2BR,1BA$0.87
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

What is the Cheapest Studio apartment in Mount Olive?

Currently the most affordable Cheap Studio Apartment in Mount Olive is at Cedar Point Apartments listed at $750.

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 $750 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 Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.