
Cheap Apartments for Rent near Mount Olive, IL from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Mount Olive.


Trinity Park

Emerald Ridge

Bilava Village

Rocwood Apartments

The Residences at Bella Vista

Flax Meadow Townhomes

Godfrey Estates
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.

Broadway Place

Cedar Point Apartments

Kingsbury Campus Apartments

River Pointe Apartments

The Raymond Apartments

The Georgetown Apartments

326 E Central St

Windham Chase Apartments
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.

Spanish Lake Townhomes

Surrey Court Apartments

The Reserve at Spanish Lake

ReNew at Alton

Paddock Village Apartments

Metro Apartments at Wood River

Metro Apartments at Granite City

Metro Apartments At Bethalto
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.

Lotts Landing Senior Apartments

806 Center St

205 North St

1309 Willard St

Lilac Court Apartments

605 Walnut St. Apartments

306 E Main St

1311 Willard St
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.

Lookaway Heights Apartments

Highland Villas Apartments - 55+ Senior

116 N 14th St

116 W Zupan St

2951 Hillcrest Ave

Heatherton Estates

902 State St

208 W Thomas St
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.

306 Lampert St

4 Coachlight Trailer Park

866 Washington Ave

205 N North St
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 | $1,218 | $775 | $1,395 |
| Mount Olive 1 Bedroom Apartments | $640 | $486 | $1,895 |
| Mount Olive 2 Bedroom Apartments | $935 | $552 | $2,799 |
| Mount Olive 3 Bedroom Apartments | $1,603 | $859 | $3,219 |
| Mount Olive 4 Bedroom Apartments | $1,484 | $600 | $3,110 |
Browse Top Apartments in Mount Olive
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Mount Olive, IL Local Guide
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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 McKay Manor in the Clinton County neighborhood priced from $486. Trinity Park in the North Riverfront neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Mount Olive apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKay Manor | 1 Bdrm | 1BR,1BA | $486 |
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $525 |
| Bilava Village | 1BD/1BA | 1BR,1BA | $675 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $700 |
| Flax Meadow Townhomes | Two Bed | 2BR,1BA | $715 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $752 |
| The Residences at Bella Vista | Classic | 1BR,1BA | $775 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $800 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $800 |
| River Pointe Apartments | 1 Bed / 1 Bath | 1BR,1BA | $800 |
Best Value Apartments for Rent in Mount Olive, IL and Nearby
As of July 24, 2026 the best value apartment in the Mount Olive area is the $0.95 price per square foot 4Bd Townhouse Deluxe Model at BSB Apartments in the in the Metro East neighborhood starting from $1,650. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| BSB Apartments | 4Bd Townhouse Deluxe | 4BR,2BA | $0.95 |
| River Trace Townhomes | 3 Bedroom 1.5 Bath Townhome with Garage | 3BR,1.5BA | $0.88 |
| Parc at 720 | D1 | 4BR,4BA | $0.56 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $1.05 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $0.66 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $1.03 |
| The Residences at Bella Vista | Classic | 1BR,1BA | $1.09 |
| Trinity Park | 1 bedroom, 1 bathroom | 1BR,1BA | $1.09 |
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.
Read ArticleReal 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.
Read ArticleQuick 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
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 $486 at McKay Manor.
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 $552 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 $587.
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

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.