
Cheap Apartments for Rent in Olympia Fields, IL from $700 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Olympia Fields.


Olympic Village Apartments

Park Towers Apartments

Matteson Blu

Carriage Creek Apartments

Oakwood Townhomes

Cedar Ridge Apartments

1916 Euclid Ave

2640 Flossmoor Rd

128 E Joe Orr Rd
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3326-3356 184th St

21133 Kildare Ave

474 W 14th Pl

4316 Lindenwood Dr

4328 W Lindenwood Dr

4031-4041 Charleston Rd

502 W Lincoln Hwy

484 Hickory St

4117 Lindenwood Dr

811 Sangamon St
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737-747 Grant Ave

402 Hickory St

4205-4211 Lindenwood Dr

205-207 W 14th Pl

4221-4229 Lindenwood

4139-4143 Lindenwood Dr

Central Drive Condominiums

18310-18340 Cherry Creek dr

378 West 116th

130 Hickory St
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631 Carpenter St

4222 Lindenwood Dr

3206 W 184th St

4301-4309 Lindenwood Dr

Oakwood Apartments

Lindenwood Courts

Governors Place

Manors at Brookmere

1430 Donovan Dr

450-480 W 16th St
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3212 W 184th St

Flossmoor Apartments

Richton Square Apartments

Central Park

The Willows in Homewood

737--747 Grant Ave

723 Grant Ave

Cedar Ridge Apartments

2559 Flossmoor Rd

4140-4144 Lindenwood Dr
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Olympia Fields, IL Local Guide

How much does it cost to rent an apartment in Olympia Fields?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Olympia Fields Studio Apartments | $1,135 | $1,135 | $1,135 |
| Cheap Olympia Fields 1 Bedroom Apartments | $1,344 | $900 | $1,680 |
| Cheap Olympia Fields 2 Bedroom Apartments | $1,604 | $1,300 | $1,930 |
| Cheap Olympia Fields 3 Bedroom Apartments | $2,120 | $1,500 | $2,430 |
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Olympia Fields, IL Local Guide
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Cheapest Available Olympia Fields Apartments for Rent
 The cheapest available apartment rental in Olympia Fields, IL is a Studio unit found at Carriage Creek Apartments in the Lincoln Station neighborhood priced from $1,135. Oakwood Townhomes in the Lincoln Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,365. Here is today’s list of the most affordable Olympia Fields apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carriage Creek Apartments | Studio Mid-Rise | Studio,1BA | $1,135 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhouse | 1BR,1BA | $1,365 |
| Park Towers Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1,375 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1,440 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,529 |
| Matteson Blu | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,680 |
Best Value Apartments for Rent in Olympia Fields, IL
As of July 23, 2026 the best value apartment in the Olympia Fields area is the $1.86 price per square foot 2 Bed 2 Bath A Remodel Model at Park Towers Apartments in the in the Lincoln Station neighborhood starting from $1,695. The second greatest value Olympia Fields apartment is the The Maple Model at Olympic Village Apartments starting at $1,440 with a $1.60 price per square foot in the Indian Hill neighborhood. Here is today’s list of the best values for Olympia Fields apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Towers Apartments | 2 Bed 2 Bath A Remodel | 2BR,2BA | $1.86 |
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.72 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhome Renovated | 1BR,1BA | $2.09 |
| Matteson Blu | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.80 |
| Carriage Creek Apartments | Studio Mid-Rise | Studio ,1BA | $2.15 |
| Oakwood Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1.80 |
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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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Olympia Fields, IL Rentals by Map
See the most popular apartments and homes in Olympia Fields, IL
Frequently Asked Questions about Cheap Olympia Fields Apartments
How much is rent for a Cheap One Bedroom Olympia Fields Apartment?
The lowest price for a Cheap One Bedroom Olympia Fields Apartment is $1,195 at Carriage Creek Apartments.
What is the lowest price for a Cheap Two Bedroom Olympia Fields Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olympia Fields is starting from $1,310 at Carriage Creek Apartments.
What is the most affordable Olympia Fields Three Bedroom Apartment?
The best deal on a cheap Olympia Fields Three Bedroom Apartment rental is at Oakwood Townhomes and starts from $1,825.
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.
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