Cheap Apartments for Rent in Mount Olive, IL from $500 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Mount Olive.

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Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Windham Chase
$835 - $1,240
Total Monthly Price

Total Monthly Price

Base Rent
$821 - $1,226
Required Monthly Fees
$14

Total Monthly Price
$835 - $1,240
1 to 3 Bedroom Apartments Available Now

Windham Chase

12401 Horizon Village DrSt. Louis, MO 63138
Outdoors
  • Verified
  • Customer Reviewed
  • Utilities Included

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 205 North St

$700 - $800

1 To 2 Bedroom Rentals

Available Now

205 North St

RaymondIL62560

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Mount Olive, IL Local Guide

Cheapest Available Mount Olive Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mount Olive, IL is a 1 Bed unit found at Trinity Park in the North Riverfront neighborhood priced from $525. McKay Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $548. Here is today’s list of the most affordable Mount Olive apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park1 bedroom, 1 bathroom1BR,1BA$525
McKay Manor2 Bedroom2BR,1BA$548
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
Rocwood Apartments1BR Units1BR,1BA$700
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$700
Spanish Lake TownhomesLuna1BR,1BA$750
Bilava Village1BD/1BA1BR,1BA$795
The Residences at Bella VistaClassic2BR,1BA$825
Windham Chase1 BD/1B1BR,1BA$835

Best Value Apartments for Rent in Mount Olive, IL and Nearby

As of February 22, 2026 the best value apartment in the Mount Olive area is the $0.33 price per square foot 111 N Poplar St Model at 111 N Poplar St, Unit 1 in the starting from $750. The second greatest value Mount Olive apartment is the 3Bd Deluxe Townhouse w/ Garage Model at BSB Apartments starting at $1,480 with a $0.99 price per square foot in the Metro East neighborhood. Here is today’s list of the best values for Mount Olive apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
111 N Poplar St, Unit 1111 N Poplar St2BR,1BA$0.33
BSB Apartments3Bd Deluxe Townhouse w/ Garage3BR,2BA$0.99
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$1.02
McKay Manor3 Bedroom3BR,2BA$0.58
Parc at 720B12BR,2BA$0.73
Storyboard on LancashireLancashire B12BR,1BA$1.03
326 E Central St2 Bed, 1 Bath2BR,1BA$1.03
Spanish Lake TownhomesLuna1BR,1BA$0.95
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.05
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$0.87

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Mount Olive Apartments

How much is rent for a Cheap One Bedroom Mount Olive Apartment?

The lowest price for a Cheap One Bedroom Mount Olive Apartment is $525 at Trinity Park.

What is the lowest price for a Cheap Two Bedroom Mount Olive Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Mount Olive is starting from $548 at McKay Manor.

What is the most affordable Mount Olive Three Bedroom Apartment?

The best deal on a cheap Mount Olive Three Bedroom Apartment rental is at McKay Manor and starts from $730.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.