
1 Bedroom Apartments for Rent in Olney, IL (33 Rentals)


Retreat at Leisure Living

Liv at Locust Creek

The Brickyard Apartments
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.

Chesterfield Village

Vail Estates Apartments

Mission Viejo Villas

Fairway Plaza

Arthur Ave Apartments

Baldwin Heights

Rome Meadows - 62yrs. and over or handicapped

Renaissance Hills
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.

Western Hills Apartments

Mattoon Towers 62+ and handicapped

Melrose and Brooklyn Heights Apartments

6th St Apartments

728 Renshaw Ave

140 Main St, Unit Front

2608 N Elsas Ave

203 E Poplar St
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.
Olney, IL Local Guide

How much does it cost to rent an apartment in Olney?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olney Studio Apartments | $1,590 | $891 | $1,750 |
Olney 1 Bedroom Apartments | $1,155 | $550 | $2,898 |
Olney 2 Bedroom Apartments | $1,101 | $760 | $2,750 |
Olney 3 Bedroom Apartments | $1,292 | $464 | $1,654 |
Browse Top Apartments in Olney
See all Apartments in OlneyExplore Olney
Olney, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Largest Available Olney and Nearby 1 Bedroom Apartments
The largest available 1 Bedroom apartment unit in Olney, IL is found at Mission Viejo Villas in the Hilltop neighborhood and is 870 square feet priced from $885. Renaissance Hills has the second largest 1 Bedroom, which is sized at 864 square feet and currently listed start at $1,304. Here is today’s list of the largest available 1 Bedroom units in Olney:
Apartment Listing | Model Name | Square Footage | Priced From |
---|---|---|---|
Mission Viejo Villas | C- Casablanca Garden | 870 Sq Ft | $885 |
Renaissance Hills | A6 | 864 Sq Ft | $1,304 |
North Park | McCallister | 750 Sq Ft | $825 |
Woodbridge Place | The Dogwood | 700 Sq Ft | $900 |
Retreat at Leisure Living | Oasis White | 585 Sq Ft | $2,000 |
Arthur Ave Apartments | 1x1 | 558 Sq Ft | $610 |
Southern Meadows | 1 Bed Apt | 546 Sq Ft | $695 |
Mattoon Towers 62+ and handicapped | Rent based on income | 525 Sq Ft | Call for Rates |
Cheapest Available Olney and Nearby 1 Bedroom Apartments
As of May 13, 2025 the lowest priced 1 Bedroom apartment unit in Olney, IL is the 1x1 Model starting from $610 at Arthur Ave Apartments . The second most affordable Olney 1 Bedroom is the 1 Bed Apt Model at Southern Meadows starting at $695 . The average price for all 1 Bedroom apartments in Olney is currently $1,155. Here is today’s list of the cheapest available 1 Bedroom options in Olney:
Apartment Listing | Model Name | Priced From |
---|---|---|
Arthur Ave Apartments | 1x1 | $610 |
Southern Meadows | 1 Bed Apt | $695 |
North Park | McCallister | $825 |
Mission Viejo Villas | B- Barcelona | $870 |
Woodbridge Place | The Dogwood | $900 |
Melrose and Brooklyn Heights Apartments | 1 Bedroom | $920 |
Renaissance Hills | A1 | $1,149 |
Retreat at Leisure Living | Oasis White | $2,000 |
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.
Best Local Schools in Olney, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Olney, IL Rentals by Map
See the most popular apartments and homes in Olney, IL
Getting Around Olney, IL
Walk Score®
44 / 100
Car-Dependent
Most 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 1 Bedroom Olney Apartments
What is the Cheapest apartment in Olney with 1 Bedroom?
Currently the most affordable 1 Bedroom in Olney is at Arthur Ave Apartments listed at $610.
How much is the average rent for a 1 Bedroom Olney Apartment?
The average rent for a 1 Bedroom Apartment in Olney is $1,155.
What is the largest available 1 Bedroom Olney Apartment for rent?
Today's apartment with the most square footage in Olney is a 870 square feet unit starting from $885 at Mission Viejo Villas.
What is the average size for Olney 1 Bedroom Apartments for rent?
The average size for a 1 Bedroom rental in Olney is currently 1,035 sq ft.
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.

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.

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.

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.

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.