1202 Jackson Ave
CharlestonIL61920
Cheap Homes for Rent in Olney, IL from $400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Olney.
3007 Crowley Dr
EvansvilleIN47720
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.
404 N Carroll St
Norris CityIL62869
205 S Walters St
RobinsonIL62454
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.
220 S Main St
GriffinIN47616
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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 a home in Olney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olney 2 Bedroom Homes for Rent | $1,884 | $724 | $3,500 |
| Olney 3 Bedroom Homes for Rent | $1,597 | $928 | $2,395 |
| Olney 4 Bedroom Homes for Rent | $1,964 | $1,049 | $3,000 |
| Olney 5 Bedroom Homes for Rent | $2,750 | $2,750 | $2,750 |
Browse Top Homes for Rent in Olney
Explore 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 $695. 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 | 1 Bed Apt | 1BR,1BA | $695 |
| Naveen Pine Townhomes | Income-Restricted Two Bedroom Apartment Home | 2BR,1BA | $814 |
Best Value Apartments for Rent in Olney, IL and Nearby
As of June 21, 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 |
| North Park | Kensington | 2BR,1.5BA | $1.08 |
| 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 |
| Royal Heights | 3 Person Occupancy | 3BR,1.5BA | $1.11 |
| Mission Viejo Villas | B- Barcelona | 1BR,1BA | $1.13 |
| Naveen Pine Townhomes | Income-Restricted Two Bedroom Apartment Home | 2BR,1BA | $1.19 |
| Arthur Ave Apartments | 1x1 | 1BR,1BA | $0.97 |
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Frequently Asked Questions about Olney
What type of rentals are currently available in Olney?
There are currently 45 Apartments for Rent in Olney, IL with pricing that ranges from $464 to $2,500. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olney ranging from $450 to $3,500.
What is the current price range for Rental Homes in Olney?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Olney ranges from $450 to $3,500 with an average monthly rent of $1,760.
How much are larger Three and Four Bedroom Rentals in Olney?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Olney range from $464 to $1,664, while Three Bedroom Homes, Condos, and Townhomes for rent range from $928 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,049 and Four Bedroom Apartments start at $580.
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.