Cheap Apartments for Rent in Olney, MO from $700 (25 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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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 Casalon Parkway Apartments in the Whispering Woods neighborhood priced from $974. Vista on the Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Olney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Casalon Parkway Apartments2 Bedroom / Phase 42BR,1BA$974
Vista on the Park1011BR,1BA$1,095
Cedar Lakes ApartmentsC22BR,2BA$1,125
Northridge IMaple3BR,1BA$1,250
Quail Run Apartments and TownhomesRobin 2nd floor Reserves2BR,2BA$1,275

Best Value Apartments for Rent in Olney, MO and Nearby

As of June 17, 2026 the best value apartment in the Olney area is the $1.55 price per square foot Aspen II with 2nd Floor Bay Model at Creekside Landing in the in the Tysons Corner neighborhood starting from $2,600. The second greatest value Olney apartment is the 2 bedrooms Model at Villages at Lake Silvercote starting at $1,600 with a $1.28 price per square foot in the Carlton Glen Estates neighborhood. 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.
Creekside LandingAspen II with 2nd Floor Bay3BR,3BA$1.55
Villages at Lake Silvercote2 bedrooms2BR,2BA$1.28
Peine LakesThe Carlyle3BR,2BA$1.27
Northridge IMaple3BR,1.5BA$1.12
Quail Run Apartments and TownhomesRobin 2nd floor Reserves2BR,2BA$1.33
Cedar Lakes ApartmentsC22BR,2BA$1.19
Westchester VillageCourtland Townhome2BR,1.5BA$1.46
The Waterways of Lake Saint Louis ApartmentsBrookside1BR,1BA$1.51
Thornwood ApartmentsWildrose1BR,1BA$1.51
Vista on the Park1011BR,1BA$1.46

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

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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 $1,039 at Casalon Parkway 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 $972 at Casalon Parkway Apartments.

What is the most affordable Olney Three Bedroom Apartment?

The best deal on a cheap Olney Three Bedroom Apartment rental is at Northridge I and starts from $1,250.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.