Cheap Apartments for Rent in Mount Olive, IL from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Olive.

Rocwood Apartments

River Pointe Apartments

Flax Meadow Townhomes

The Residences at Bella Vista

Lilac Court Apartments

Spanish Lake Townhomes
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Cedar Point Apartments

Bilava Village

Godfrey Estates

ReNew at Alton
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

117 N Shamrock St

205 North St

714 E 6th St

523 S Central Ave

900 8th St
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.

1404 Willard St

20 Raylynn Ct

2306 College Ave
The Art of the Rental Viewing: What to look for during a property tour
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.

505 S 3rd St

12 Coachlight Trailer Park

23 Coachlight Trailer Park
Mount Olive, IL Local Guide

How much does it cost to rent an apartment in Mount Olive?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mount Olive Studio Apartments | $1,072 | $750 | $1,395 |
Mount Olive 1 Bedroom Apartments | $650 | $525 | $2,095 |
Mount Olive 2 Bedroom Apartments | $971 | $625 | $3,225 |
Mount Olive 3 Bedroom Apartments | $1,325 | $800 | $3,955 |
Mount Olive 4 Bedroom Apartments | $1,172 | $675 | $2,700 |
Browse Top Apartments in Mount Olive
See all Apartments in Mount OliveExplore Mount Olive
Mount Olive, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $525 |
McKay Manor | 2 Bedroom | 2BR,1BA | $548 |
Rocwood Apartments | 1BR Units | 1BR,1BA | $650 |
River Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $700 |
The Residences at Bella Vista | Classic | 1BR,1BA | $700 |
Lilac Court Apartments | 1 Bedroom Garden | 1BR,1BA | $705 |
Bilava Village | 1BD/1BA | 1BR,1BA | $795 |
Cedar Point Apartments | One Bedroom Garden | 1BR,1BA | $900 |
Metro Apartments at Wood River | Save up to $500 off Move In Costs with your EXC... | 1BR,1BA | $950 |
Windham Chase | 2 BD/1B | 2BR,1BA | $950 |
Best Value Apartments for Rent in Mount Olive, IL and Nearby
As of July 31, 2025 the best value apartment in the Mount Olive area is the $1.04 price per square foot 3 Bedroom 1.5 Bath Townhome with Garage Model at River Trace Townhomes in the in the North Riverfront neighborhood starting from $1,495. The second greatest value Mount Olive apartment is the 3 Bedroom Model at McKay Manor starting at $730 with a $0.58 price per square foot . Here is today’s list of the best values for Mount Olive apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
River Trace Townhomes | 3 Bedroom 1.5 Bath Townhome with Garage | 3BR,1.5BA | $1.04 |
McKay Manor | 3 Bedroom | 3BR,2BA | $0.58 |
Parc at 720 | B1 | 2BR,2BA | $0.73 |
Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.10 |
The Residences at Bella Vista | Renovated | 2BR,1BA | $1.13 |
Windham Chase | 2 BD/1B | 2BR,1BA | $1.14 |
Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $1.05 |
River Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $1.08 |
Rocwood Apartments | 1BR Units | 1BR,1BA | $1.05 |
Lilac Court Apartments | 1 Bedroom Garden | 1BR,1BA | $1.23 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mount Olive, IL Rentals by Map
See the most popular apartments and homes in Mount Olive, IL
Getting Around Mount Olive, IL
Walk Score®
24 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
41 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.