Cheap Homes for Rent in Olive Branch, IL from $500 (12 Rentals)

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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.

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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.

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Olive Branch, IL Local Guide

Cheapest Available Olive Branch Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olive Branch, IL is a 3 Beds unit found at The District at Cape priced from $361. Saluki Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $420. Here is today’s list of the most affordable Olive Branch apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The District at CapeRedHawk3BR,1BA$361
Saluki ApartmentsStudioStudio,1BA$420
Campus EdgeStudioStudio,1BA$450
The Quadrangle Apartments0BR/1.0BAStudio,1BA$450
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$565

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

As of June 20, 2025 the best value apartment in the Olive Branch area is the $1.21 price per square foot Fairfield Model at Westcreek Villas in the starting from $1,640. The second greatest value Olive Branch apartment is the 3 Bedrooms Model at Grand Place Apartments starting at $1,185 with a $1.08 price per square foot . Here is today’s list of the best values for Olive Branch apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westcreek VillasFairfield3BR,2BA$1.21
Grand Place Apartments3 Bedrooms3BR,2BA$1.08
Newly Renovated 2 Bedrooms!2BR/1.0BA2BR,1BA$1.05
Alpha Property Management (Alpha Rentals)One Bedroom (1 bath or 1.5 bath)1BR,1BA$0.87
University Village - Carbondale, IL1 Bedroom 1 Bath1BR,1BA$1.32
The District at CapeChestnut UPG1BR,1BA$1.32
Lone Oak VillasPremium Townhouse2BR,1BA$1.29
The MetropolitanMetropolis 1 Bed 1 Bath1BR,1BA$1.14
Saint Germain Square1 Bedroom 1 Bath1BR,1BA$1.26
Ambassador Studio ApartmentsStudioStudio ,1BA$1.33

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Frequently Asked Questions about Olive Branch

What type of rentals are currently available in Olive Branch?

There are currently 40 Apartments for Rent in Olive Branch, IL with pricing that ranges from $295 to $2,000. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olive Branch ranging from $575 to $3,500.

What is the current price range for Rental Homes in Olive Branch?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olive Branch ranges from $575 to $3,500 with an average monthly rent of $1,476.

How much are larger Three and Four Bedroom Rentals in Olive Branch?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olive Branch range from $361 to $1,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $295.

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.

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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.