
Cheap Homes for Rent near Olympia Fields, IL from $1,095 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Olympia Fields.


13 Hemlock St

444 W Hickory St, Unit 1
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2051 Ridge Rd

1631 Buena Vista Ave

1 IL-1
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523 N Pleasant Dr
Olympia Fields, IL Local Guide

How much does it cost to rent a home in Olympia Fields?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olympia Fields 2 Bedroom Homes for Rent | $2,328 | $1,575 | $3,400 |
| Olympia Fields 3 Bedroom Homes for Rent | $2,452 | $1,800 | $4,000 |
| Olympia Fields 4 Bedroom Homes for Rent | $2,567 | $1,200 | $3,900 |
Browse Top Homes for Rent in Olympia Fields
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Olympia Fields, IL Local Guide
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Cheapest Available Olympia Fields Apartments for Rent and Nearby
 The cheapest available apartment rental in Olympia Fields, IL is a 1 Bed unit found at Carriage Creek Apartments in the Lincoln Station neighborhood priced from $1,205. 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 | 1 Bed 1 Bath Garden A | 1BR,1BA | $1,205 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhouse | 1BR,1BA | $1,365 |
| Park Towers Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Olympia Fields, IL and Nearby
As of September 07, 2026 the best value apartment in the Olympia Fields area is the $1.60 price per square foot The Maple Model at Olympic Village Apartments in the in the Indian Hill neighborhood starting from $1,440. The second greatest value Olympia Fields apartment is the 2 Bed 1 Bath Model at Cedar Ridge Apartments starting at $1,479 with a $1.66 price per square foot in the Lincoln Station 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. |
|---|---|---|---|
| Olympic Village Apartments | The Maple | 2BR,1BA | $1.60 |
| Cedar Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.66 |
| Park Towers Apartments | 1 Bed 1 Bath A | 1BR,1BA | $1.81 |
| Lindenwood Courts | 2 Bed 1 Bath Renovated | 2BR,1BA | $2.07 |
| Matteson Blu | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.66 |
| Oakwood Townhomes | 1 Bedroom 1 Bath Townhome Renovated | 1BR,1BA | $2.09 |
| Carriage Creek Apartments | 1 Bed 1 Bath Garden A | 1BR,1BA | $1.94 |
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Read ArticleA Local Expert's Top Student Friendly Neighborhoods to Rent Near Colleges in Chicago
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Read ArticleReal 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.
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 Olympia Fields
What type of rentals are currently available in Olympia Fields?
There are currently 90 Apartments for Rent in Olympia Fields, IL with pricing that ranges from $1,200 to $2,430. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia Fields ranging from $1,095 to $4,000.
What is the current price range for Rental Homes in Olympia Fields?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Olympia Fields ranges from $1,095 to $4,000 with an average monthly rent of $2,393.
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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