Cheap Apartments for Rent in Mount Olive, IL from $500 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

close
View Me
McKay Manor
2 to 3 Bedroom Apartments

McKay Manor

1 McKay Manor DrBreese, IL 62230

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.

property at 205 North St

205 North St

RaymondIL62560

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.

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.

close
View Me
Heatherton Estates
1 to 2 Bedroom Apartments

Heatherton Estates

6203 Kingsfont PlFlorissant, MO 63033

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
Rocwood Apartments1BR Units1BR,1BA$650
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$700
The Residences at Bella VistaClassic1BR,1BA$700
Lilac Court Apartments1 Bedroom Garden1BR,1BA$705
Bilava Village1BD/1BA1BR,1BA$795
Cedar Point ApartmentsOne Bedroom Garden1BR,1BA$900
Metro Apartments at Wood RiverSave up to $500 off Move In Costs with your EXC...1BR,1BA$950
Windham Chase2 BD/1B2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
River Trace Townhomes3 Bedroom 1.5 Bath Townhome with Garage3BR,1.5BA$1.04
McKay Manor3 Bedroom3BR,2BA$0.58
Parc at 720B12BR,2BA$0.73
Surrey Court Apartments2 Beds, 1 bath2BR,1BA$1.10
The Residences at Bella VistaRenovated2BR,1BA$1.13
Windham Chase2 BD/1B2BR,1BA$1.14
Trinity Park1 bedroom, 1 bathroom1BR,1BA$1.05
River Pointe Apartments1 Bed / 1 Bath1BR,1BA$1.08
Rocwood Apartments1BR Units1BR,1BA$1.05
Lilac Court Apartments1 Bedroom Garden1BR,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.

decorative image of people with a giant lease agreement

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

Explore Mount Olive, IL Rentals by Map

View Map
Mount Olive, IL Apartments Map
View Map
Mount Olive, IL Rental Homes Map

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

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.