Cheap Apartments for Rent in Olney, MO from $600 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Olney.

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Olney, MO Local Guide

Cheapest Available Olney Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olney, MO is a 2 Beds unit found at 1500 N Carolina St priced from $700. Quail Run has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Olney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1500 N Carolina St2X22BR,2BA$700
Quail RunTwo Bed/One Bath2BR,1BA$900
Elm Tree Commons1 Bed, 1 bath1BR,1BA$920
Cedar Lakes ApartmentsA31BR,1BA$1,010
Peine LakesThe Adler1BR,1BA$1,082

Best Value Apartments for Rent in Olney, MO and Nearby

As of May 31, 2025 the best value apartment in the Olney area is the $1.33 price per square foot Townhome A Model at Quail Run in the starting from $1,800. The second greatest value Olney apartment is the Oak Model at Northridge I starting at $1,300 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Quail RunTownhome A3BR,2BA$1.33
Northridge IOak3BR,1.5BA$1.16
Vinings of O'FallonThe Meritage II2BR,2BA$1.24
Boone Street CommonsBSC2BR,2BA$1.18
1500 N Carolina St3x23BR,2BA$1.00
Casalon Parkway Apartments2 Bedroom / Phase 52BR,1BA$1.19
Elm Tree Commons2 Beds, 2 baths2BR,2BA$1.32
Savannah Ridge Apartments2 Bedroom Garden2BR,2BA$1.37
Westchester VillageCourtland Townhome2BR,1.5BA$1.39
Cedar Lakes ApartmentsA31BR,1BA$1.33

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Olney, MO Rentals by Map

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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 $920 at Elm Tree Commons.

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 $700 at 1500 N Carolina St.

What is the most affordable Olney Three Bedroom Apartment?

The best deal on a cheap Olney Three Bedroom Apartment rental is at 1500 N Carolina St and starts from $775.

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.

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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.

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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.

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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.