Cheap Apartments for Rent near Mount Olive, IL from $552 (55 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Trinity Park (NEW)
1 to 2 Bedroom Apartments

Trinity Park (NEW)

11043 Mollerus DrSt. Louis, MO 63138
Senior Living
  • Utilities Included
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Emerald Ridge
2 to 4 Bedroom Apartments

Emerald Ridge

615 3rd StEast Alton, IL 62024

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Heatherton Estates
1 to 3 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033
Corporate Housing

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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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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 (NEW) in the North Riverfront neighborhood priced from $525. Lotts Landing Senior Apartments in the Macoupin County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $560. Here is today’s list of the most affordable Mount Olive apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Trinity Park (NEW)1 bedroom, 1 bathroom1BR,1BA$525
Lotts Landing Senior Apartments1 Bedroom 1 Bathroom1BR,1BA$560
326 E Central St1 bed 1 bath1BR,1BA$700
Rocwood Apartments1BR Units1BR,1BA$700
Broadway PlaceTwo Bedroom Apartment2BR,1BA$752
Cedar Point ApartmentsStudioStudio,1BA$775
The Residences at Bella VistaClassic1BR,1BA$775
McKay Manor3 Bdrm3BR,2BA$800
The Raymond ApartmentsTwo bedroom2BR,1BA$800
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$800

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

As of September 07, 2026 the best value apartment in the Mount Olive area is the $1.03 price per square foot 3Bd Deluxe Townhouse w/ Garage Model at BSB Apartments in the in the Metro East neighborhood starting from $1,550. The second greatest value Mount Olive apartment is the 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes starting at $1,255 with a $0.88 price per square foot in the North Riverfront 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.
BSB Apartments3Bd Deluxe Townhouse w/ Garage3BR,2BA$1.03
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$0.88
McKay Manor3 Bdrm3BR,2BA$0.63
Parc at 720B12BR,2BA$0.81
Storyboard on LancashireLancashire B12BR,1BA$1.04
The Raymond ApartmentsTwo bedroom2BR,1BA$1.00
Broadway PlaceTwo Bedroom Apartment2BR,1BA$1.03
The Residences at Bella VistaClassic1BR,1BA$1.09
Trinity Park (NEW)1 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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 (NEW).

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 $625 at Trinity Park (NEW).

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 $800.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.