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Cheap Apartments for Rent in Olney, IL from $300 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in Olney.
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from $4643 Bedroom Apartments Contact Us For Availability
Sullivan Downtown Townhomes
833 E Davis StSullivan, IN 47882
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from $5501 Bedroom Apartments Contact Us For Availability
6th St Apartments
1132-1142 6th StCharleston, IL 61920
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from $6101 Bedroom Apartments Available Now
Arthur Ave Apartments
1301-1311 Arthur AveCharleston, IL 61920
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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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3007 Crowley Dr
EvansvilleIN47720
14 N Central Ave
CaseyIL62420
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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Olney, IL Local Guide
Whittle Street in Olney by Nyttend is licensed under Internal
How much does it cost to rent an apartment in Olney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olney Studio Apartments | $1,119 | $895 | $1,343 |
| Olney 1 Bedroom Apartments | $926 | $550 | $1,537 |
| Olney 2 Bedroom Apartments | $1,097 | $795 | $1,750 |
| Olney 3 Bedroom Apartments | $1,303 | $464 | $1,664 |
| Olney 4 Bedroom Apartments | $732 | $580 | $1,300 |
Browse Top Apartments in Olney
See all Apartments in OlneyExplore Olney
Olney, IL Local Guide
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Cheapest Available Olney Apartments for Rent and Nearby
The cheapest available apartment rental in Olney, IL is a 1 Bed unit found at Arthur Ave Apartments priced from $610. Southern Meadows Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Olney apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
| Southern Meadows Senior Living | Move in TODAY! Ask about our move in special! | 1BR,1BA | $750 |
| Naveen Pine Townhomes | Income-Restricted Two Bedroom Apartment Home | 2BR,1BA | $814 |
| Lakewood Flats | 1 Bedroom Deluxe | 1BR,1BA | $891 |
| Woodbridge Place | The Dogwood | 1BR,1BA | $900 |
Best Value Apartments for Rent in Olney, IL and Nearby
As of July 01, 2025 the best value apartment in the Olney area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Olney apartment is the 3 Bedroom Model at The Millennium Apartments starting at $505 with a $0.41 price per square foot . Here is today’s list of the best values for Olney apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Eagle Village | 4BR/2BA - Furnished | 4BR,2BA | $0.50 |
| Liv at Locust Creek | Luxury Dresden | 2BR,1.5BA | $1.15 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.07 |
| North Park | Berkshire | 2BR,1.5BA | $1.05 |
| Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.13 |
| Lakewood Flats | 1 Bedroom Deluxe | 1BR,1BA | $1.13 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
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Best Local Schools in Olney, IL
School data provided by Great Schools
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Olney, IL Apartments MapOlney, IL Rental Homes MapGetting Around Olney, IL
Walk Score®
44 / 100
Car-Dependent
Most 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 Olney Apartments
How much is rent for a Cheap One Bedroom Olney Apartment?
The lowest price for a Cheap One Bedroom Olney Apartment is $610 at Arthur Ave Apartments.
What is the lowest price for a Cheap Two Bedroom Olney Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olney is starting from $814 at Naveen Pine Townhomes.
What is the most affordable Olney Three Bedroom Apartment?
The best deal on a cheap Olney Three Bedroom Apartment rental is at Liv at Locust Creek and starts from $1,299.
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.
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.
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.
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.