603 Monroe Ave
CharlestonIL61920
Cheap Homes for Rent in Olney, IL from $400 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Olney.
14 N Central Ave
CaseyIL62420
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.
24 W Buchanan Ave
CharlestonIL61920
16 W Buchanan Ave
CharlestonIL61920
510 Ellen Dr
CarmiIL62821
405 2nd St
CarmiIL62821
1204 N First Ave
EvansvilleIN47710
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.
1306 Arthur Ave
CharlestonIL61920
1305 18th St
CharlestonIL61920
128 Shady St
FloraIL62839
605 Monroe Ave
CharlestonIL61920
1628 University Dr
CharlestonIL61920
1630 University Dr
CharlestonIL61920
1015 Stewart St
CarmiIL62821
207 Plum 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.
Showing Results 1-15, 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 a home in Olney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olney 2 Bedroom Homes for Rent | $1,347 | $650 | $3,500 |
| Olney 3 Bedroom Homes for Rent | $1,293 | $750 | $1,750 |
| Olney 4 Bedroom Homes for Rent | $1,574 | $1,000 | $2,500 |
| Olney 5 Bedroom Homes for Rent | $2,120 | $2,120 | $2,120 |
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 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 02, 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 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 | 3BR Villa | 3BR,2BA | $1.04 |
| The Millennium Apartments | 3 Bedroom | 3BR,1BA | $0.41 |
| Eagle Village | 4BR/2BA - Unfurnished | 4BR,2BA | $0.48 |
| Liv at Locust Creek | Dresden | 2BR,1.5BA | $1.09 |
| Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| North Park | Berkshire | 2BR,1.5BA | $1.05 |
| 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
Frequently Asked Questions about Olney
What type of rentals are currently available in Olney?
There are currently 47 Apartments for Rent in Olney, IL with pricing that ranges from $534 to $3,000. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olney ranging from $495 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 $495 to $3,500 with an average monthly rent of $1,264.
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 $534 to $1,638, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $1,750. Four Bedroom Single-Family rentals are also available starting from $1,000 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.
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.
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.