Cheap Apartments for Rent in Olmsted, IL from $300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Olmsted.

The District at Cape

Saluki Apartments

The Quadrangle Apartments

Cornerstone Place

The Hill Apartments

Schilling Property Management

Saint Germain Square

Come Enjoy Ashburn Court Apartments

Alpha Property Management (Alpha Rentals)

Pine Shores Rentals

University Mall and Walnut Street Apartments

Brookside Apartments

Jackson House

Wedgewood Hills

G&R Rentals

The Metropolitan

Aspen Court Apartments

Newly Renovated 2 Bedrooms!

726 Warren St

718 Lon Moore St

2968 Shamrock
Olmsted, IL Local Guide

How much does it cost to rent an apartment in Olmsted?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olmsted Studio Apartments | $481 | $420 | $948 |
Olmsted 1 Bedroom Apartments | $831 | $500 | $3,200 |
Olmsted 2 Bedroom Apartments | $766 | $390 | $3,600 |
Olmsted 3 Bedroom Apartments | $913 | $361 | $1,650 |
Olmsted 4 Bedroom Apartments | $1,425 | $295 | $2,000 |
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Olmsted, IL Local Guide
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Cheapest Available Olmsted Apartments for Rent and Nearby
 The cheapest available apartment rental in Olmsted, 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 Olmsted apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The District at Cape | RedHawk | 3BR,1BA | $361 |
Saluki Apartments | Studio | Studio,1BA | $420 |
Campus Edge | Studio | Studio,1BA | $450 |
The Quadrangle Apartments | 0BR/1.0BA | Studio,1BA | $450 |
Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $550 |
Best Value Apartments for Rent in Olmsted, IL and Nearby
As of September 14, 2025 the best value apartment in the Olmsted area is the $0.34 price per square foot 4Bd. 4Bt. (1442sqft) Model at Cape Trails in the starting from $490. The second greatest value Olmsted 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 Olmsted apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cape Trails | 4Bd. 4Bt. (1442sqft) | 4BR,4BA | $0.34 |
Grand Place Apartments | 3 Bedrooms | 3BR,2BA | $1.08 |
The Hill Apartments | The Hill 2 Bed 2 Bath Large | 2BR,2BA | $1.01 |
Newly Renovated 2 Bedrooms! | 2BR/1.0BA | 2BR,1BA | $1.05 |
Schilling Property Management | 1 Bed, 1 bath | 1BR,1BA | $0.79 |
Alpha Property Management (Alpha Rentals) | One Bedroom (1 bath or 1.5 bath) | 1BR,1BA | $0.87 |
Southside Square Apartments - NOW LEASING | One Bedroom | 1BR,1BA | $1.38 |
The District at Cape | Chestnut UPG | 1BR,1BA | $1.32 |
The Metropolitan | Metropolis 1 Bed 1 Bath | 1BR,1BA | $1.20 |
Saint Germain Square | 1 Bedroom 1 Bath | 1BR,1BA | $1.29 |
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Getting Around Olmsted, IL
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
15 / 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 Olmsted Apartments
What is the Cheapest Studio apartment in Olmsted?
Currently the most affordable Cheap Studio Apartment in Olmsted is at Saluki Apartments listed at $420.
How much is rent for a Cheap One Bedroom Olmsted Apartment?
The lowest price for a Cheap One Bedroom Olmsted Apartment is $550 at Schilling Property Management.
What is the lowest price for a Cheap Two Bedroom Olmsted Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olmsted is starting from $390 at The District at Cape.
What is the most affordable Olmsted Three Bedroom Apartment?
The best deal on a cheap Olmsted Three Bedroom Apartment rental is at The District at Cape and starts from $361.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.