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Cheap Apartments for Rent in Olney, IL from $300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Olney.
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from $5501 Bedroom Apartments Contact Us For Availability
6th St Apartments
1132-1142 6th StCharleston, IL 61920
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from $6101 Bedroom Apartments Available Now
Arthur Ave Apartments
1301-1311 Arthur AveCharleston, IL 61920
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from $625Studio to 2 Bedroom Apartments Available Now
Southern Meadows
1811 Pine StLawrenceville, IL 62439
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from $6401 to 3 Bedroom Apartments Available Now
Lakewood Flats and Townhomes
5001 Lakeside CtEvansville, IN 47712
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629 4th St NW
LintonIN47441
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1103 Broadway St
VincennesIN47591
404 N Carroll St
Norris CityIL62869
1208 W Johnson St
VandaliaIL62471
722 Renshaw Ave
CarmiIL62821
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Olney, IL Local Guide
Whittle Street in Olney by Nyttend is licensed under Internal
How much does it cost to rent an apartment in Olney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olney Studio Apartments | $1,444 | $625 | $1,750 |
| Olney 1 Bedroom Apartments | $1,162 | $550 | $2,000 |
| Olney 2 Bedroom Apartments | $1,101 | $740 | $2,750 |
| Olney 3 Bedroom Apartments | $1,323 | $855 | $1,654 |
Browse Top Apartments in Olney
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Olney, IL Local Guide
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Cheapest Available Olney Apartments for Rent and Nearby
The cheapest available apartment rental in Olney, IL is a 1 Bed unit found at Arthur Ave Apartments priced from $610. Southern Meadows has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Olney apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
| Southern Meadows | Studio | Studio,1BA | $625 |
| Lakewood Flats and Townhomes | 1 Bedroom Deluxe | 1BR,1BA | $710 |
| Mission Viejo Villas | A- Antiqua | 1BR,1BA | $850 |
| Chesterfield Village | Studio | Studio,1BA | $852 |
Best Value Apartments for Rent in Olney, IL and Nearby
As of March 25, 2025 the best value apartment in the Olney area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Olney apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Olney apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Eagle Village Student Housing | 4x2 Single Bed Furnished | 4BR,2BA | $0.50 |
| Liv at Locust Creek | Luxury Dresden | 2BR,1.5BA | $1.04 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.01 |
| North Park | Berkshire | 2BR,1.5BA | $1.05 |
| Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
| Lakewood Flats and Townhomes | 1 Bedroom Deluxe | 1BR,1BA | $0.90 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
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Best Local Schools in Olney, IL
School data provided by Great Schools
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Olney, IL Apartments MapOlney, IL Rental Homes MapGetting 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 Cheap Olney Apartments
What is the Cheapest Studio apartment in Olney?
Currently the most affordable Cheap Studio Apartment in Olney is at Southern Meadows listed at $625.
How much is rent for a Cheap One Bedroom Olney Apartment?
The lowest price for a Cheap One Bedroom Olney Apartment is $610 at Arthur Ave Apartments.
What is the lowest price for a Cheap Two Bedroom Olney Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olney is starting from $800 at Southern Meadows.
What is the most affordable Olney Three Bedroom Apartment?
The best deal on a cheap Olney Three Bedroom Apartment rental is at Mission Viejo Villas and starts from $1,255.
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.
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.
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.
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.
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.