629 4th St NW
LintonIN47441
Cheap Homes for Rent in Olney, IL from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Olney.
728 Renshaw Ave
CarmiIL62821
1103 Broadway St
VincennesIN47591
140 Main St, Unit Front
LintonIN47441
404 N Carroll St
Norris CityIL62869
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.
1208 W Johnson St
VandaliaIL62471
730 Renshaw Ave
CarmiIL62821
2608 N Elsas Ave
EvansvilleIN47711
1205 3rd St
CharlestonIL61920
4624 New Harmony Rd
EvansvilleIN47720
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.
101 E Alabama St
OblongIL62449
332 N French St
SullivanIN47882
223 Taylor Ave
CharlestonIL61920
409 N 9th St
PetersburgIN47567
203 E Poplar St
RobinsonIL62454
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.
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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 a home in Olney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olney 2 Bedroom Homes for Rent | $1,665 | $528 | $3,500 |
| Olney 3 Bedroom Homes for Rent | $1,452 | $799 | $2,300 |
| Olney 4 Bedroom Homes for Rent | $1,706 | $850 | $3,000 |
Browse Top Homes for Rent in Olney
Explore Olney
Olney, IL Local Guide
- Nearby Cities
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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 1 Bed apartment currently listed from $695. 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 | 1 Bed Apt | 1BR,1BA | $695 |
| Naveen Pine Townhomes | Income-Restricted Two Bedroom Apartment Home | 2BR,1BA | $814 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $870 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $900 |
Best Value Apartments for Rent in Olney, IL and Nearby
As of May 12, 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 Unfurnished | 4BR,2BA | $0.44 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.05 |
| North Park | Berkshire | 2BR,1.5BA | $1.12 |
| Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.07 |
| Naveen Pine Townhomes | Income-Restricted Two Bedroom Apartment Home | 2BR,1BA | $1.19 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
| Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Olney
What type of rentals are currently available in Olney?
There are currently 47 Apartments for Rent in Olney, IL with pricing that ranges from $464 to $2,898. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olney ranging from $528 to $3,500.
What is the current price range for Rental Homes in Olney?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Olney ranges from $528 to $3,500 with an average monthly rent of $1,388.
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.