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Cheap Apartments for Rent in Olney, IL from $300 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Olney.
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$413 - $7621 to 3 Bedroom Apartments Contact Us For Availability
Country View Estates of Charleston
2228 Country View DrCharleston, IL 61920
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$505 - $1,5153 Bedroom Apartments Contact Us For Availability
The Millennium Apartments
1305 4th StCharleston, IL 61920
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$534 - $1,6383 Bedroom Apartments Available Now
Sullivan Downtown Townhomes
833 E Davis StSullivan, IN 47882
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$5501 Bedroom Apartments Contact Us For Availability
6th St Apartments
1132-1142 6th StCharleston, IL 61920
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$573 - $1,1501 to 3 Bedroom Apartments Contact Us For Availability
Coles Crossing Apartments
2504 Buxton DrMattoon, IL 61938
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$585 - $1,1702 Bedroom Apartments Available Now
Melrose and Brooklyn Heights Apartments
950 4th StCharleston, IL 61920
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.
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$6101 Bedroom Apartments Available Oct 15
Western Hills Apartments
1140 Western Hills DrEvansville, IN 47720
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$625 - $995Studio to 2 Bedroom Apartments Available Now
Southern Meadows Senior Living
1811 Pine StLawrenceville, IL 62439
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14 N Central Ave
CaseyIL62420
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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510 Ellen Dr
CarmiIL62821
219 Steven St
CarmiIL62821
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.
722 Renshaw Ave
CarmiIL62821
405 2nd St
CarmiIL62821
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Showing Results 1-22, Page 1 of 1
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 | $1,205 | $625 | $1,500 |
| Olney 1 Bedroom Apartments | $1,019 | $413 | $1,750 |
| Olney 2 Bedroom Apartments | $1,170 | $549 | $3,000 |
| Olney 3 Bedroom Apartments | $1,265 | $534 | $1,638 |
| Olney 4 Bedroom Apartments | $858 | $580 | $1,395 |
Browse Top Apartments in Olney
See all Apartments in OlneyExplore Olney
Olney, IL Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Olney Apartments for Rent and Nearby
The cheapest available apartment rental in Olney, IL is a 3 Beds unit found at The Millennium Apartments priced from $505. Melrose and Brooklyn Heights Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $585. Here is today’s list of the most affordable Olney apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $505 |
| Melrose and Brooklyn Heights Apartments | 2 Bed 1 Bath | 2BR,1BA | $585 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $610 |
| Southern Meadows Senior Living | 1 Bed Apt | 1BR,1BA | $750 |
| Lakewood Flats | 1 Bedroom Deluxe | 1BR,1BA | $785 |
Best Value Apartments for Rent in Olney, IL and Nearby
As of September 13, 2025 the best value apartment in the Olney area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,595. The second greatest value Olney apartment is the Single Family Home Model at Sullivan Downtown Townhomes starting at $1,598 with a $1.16 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 | 3BR Villa | 3BR,2BA | $1.04 |
| Sullivan Downtown Townhomes | Single Family Home | 3BR,2.5BA | $1.16 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Eagle Village | 4BR/2BA - Furnished | 4BR,2BA | $0.50 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| North Park | Berkshire | 2BR,1.5BA | $1.12 |
| Royal Heights | Royal Heights 2 Bed w/ Study & 1.5 Bath | 3BR,1.5BA | $0.95 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.13 |
| Lakewood Flats | 1 Bedroom Deluxe | 1BR,1BA | $0.99 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
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Best Local Schools in Olney, IL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Olney, IL Rentals by Map
See the most popular apartments and homes in Olney, IL
Getting 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 $585 at Melrose and Brooklyn Heights Apartments.
What is the most affordable Olney Three Bedroom Apartment?
The best deal on a cheap Olney Three Bedroom Apartment rental is at The Millennium Apartments and starts from $505.
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.