Cheap Homes for Rent in Olympia Fields, IL from $900 (13 Rentals)

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Cheap Homes in Olympia Fields.

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.

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property at 6 Thomas Ct

6 Thomas Ct

Richton ParkIL60471

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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Olympia Fields, IL Local Guide

Cheapest Available Olympia Fields Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olympia Fields, IL is a 2 Beds unit found at Carriage Creek Apartments in the Lincoln Station neighborhood priced from $1,025. Olympic Village Apartments in the Indian Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,201. Here is today’s list of the most affordable Olympia Fields apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carriage Creek Apartments2 bedroom2BR,1BA$1,025
Olympic Village ApartmentsThe Spruce1BR,1BA$1,201
4206 Lindenwood Drive2 Bedroom 1 Bathroom Apartment2BR,1BA$1,500
Oakwood Townhomes2 Bedroom2BR,1BA$1,510
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1,525

Best Value Apartments for Rent in Olympia Fields, IL and Nearby

As of May 07, 2025 the best value apartment in the Olympia Fields area is the $1.35 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,820. The second greatest value Olympia Fields apartment is the 2 Bed 1 Bath Townhouse W/D Model at Central Park Apartments & Townhomes starting at $1,590 with a $1.20 price per square foot in the Indian Hill neighborhood. Here is today’s list of the best values for Olympia Fields apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes3 Bedroom3BR,1BA$1.35
Central Park Apartments & Townhomes2 Bed 1 Bath Townhouse W/D2BR,1BA$1.20
Carriage Creek Apartments1 bedroom2BR,1BA$1.26
Park Towers Apartment HomesTwo Bedroom 2 Bath-910 sqft2BR,2BA$1.85
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.71
4206 Lindenwood Drive2 Bedroom 1 Bathroom Apartment2BR,1BA$2.07
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.74
Olympic Village ApartmentsThe Pine1BR,1BA$1.74

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Frequently Asked Questions about Olympia Fields

What type of rentals are currently available in Olympia Fields?

There are currently 97 Apartments for Rent in Olympia Fields, IL with pricing that ranges from $1,025 to $3,452. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia Fields ranging from $900 to $7,500.

What is the current price range for Rental Homes in Olympia Fields?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olympia Fields ranges from $900 to $7,500 with an average monthly rent of $2,206.

How much are larger Three and Four Bedroom Rentals in Olympia Fields?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olympia Fields range from $1,545 to $2,540, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $3,149.

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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.