Cheap Apartments for Rent in Olney, MO from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Olney.

1500 N Carolina St

Bennington Place - Beautifully Renovated Apartments

Elm Tree Commons

Casalon Parkway Apartments

Amber Court Apartments

Westchester Village

Cedar Lakes Apartments

Vista On The Park: Inspired Living
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.

23 Cheatham Rd

119 N 1st St

215 E Cherry St

220 S 14th St

500 Frank Ford Rd
Olney, MO Local Guide

How much does it cost to rent an apartment in Olney?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olney 1 Bedroom Apartments | $1,383 | $675 | $2,971 |
Olney 2 Bedroom Apartments | $1,688 | $700 | $5,060 |
Olney 3 Bedroom Apartments | $1,962 | $775 | $5,229 |
Olney 4 Bedroom Apartments | $3,550 | $2,650 | $4,000 |
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Olney, MO Local Guide
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Cheapest Available Olney Apartments for Rent and Nearby
 The cheapest available apartment rental in Olney, MO is a 2 Beds unit found at 1500 N Carolina St priced from $700. Elm Tree Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $920. Here is today’s list of the most affordable Olney apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1500 N Carolina St | 2X2 | 2BR,2BA | $700 |
Elm Tree Commons | 1 Bed, 1 bath | 1BR,1BA | $920 |
Casalon Parkway Apartments | 1 Bedroom / Phase 1 & 2 | 1BR,1BA | $958 |
Amber Court Apartments | 1BR/1.0BA | 1BR,1BA | $995 |
Westchester Village | Hudson | 1BR,1BA | $999 |
Best Value Apartments for Rent in Olney, MO and Nearby
As of April 18, 2025 the best value apartment in the Olney area is the $1.33 price per square foot Townhome A Model at Quail Run in the starting from $1,800. The second greatest value Olney apartment is the 3 bedrooms Model at Villages at Lake Silvercote starting at $1,595 with a $1.28 price per square foot in the Carlton Glen Estates neighborhood. 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. |
---|---|---|---|
Quail Run | Townhome A | 3BR,2BA | $1.33 |
Villages at Lake Silvercote | 3 bedrooms | 3BR,2BA | $1.28 |
Vinings of O'Fallon | The Meritage II | 2BR,2BA | $1.24 |
Aventura at Hawk Ridge | AD | 2BR,1BA | $1.45 |
Boone Street Commons | BSC | 2BR,2BA | $1.18 |
Elm Tree Commons | 2 Beds, 2 baths | 2BR,2BA | $1.32 |
Savannah Ridge Apartments | 2 Bedroom Garden | 2BR,2BA | $1.29 |
Cedar Lakes Apartments | B1 | 2BR,1BA | $1.38 |
1500 N Carolina St | 2X2 | 2BR,2BA | $0.78 |
Vista On The Park: Inspired Living | Brand New One bedroom Apartment Located Right N... | 1BR,1BA | $1.50 |
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Frequently Asked Questions about Cheap Olney Apartments
How much is rent for a Cheap One Bedroom Olney Apartment?
The lowest price for a Cheap One Bedroom Olney Apartment is $920 at Elm Tree Commons.
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 $700 at 1500 N Carolina St.
What is the most affordable Olney Three Bedroom Apartment?
The best deal on a cheap Olney Three Bedroom Apartment rental is at 1500 N Carolina St and starts from $775.
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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.