Cheap Homes for Rent in Olympia Fields, IL from $900 (14 Rentals)

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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.

property at 6 Thomas Ct

6 Thomas Ct

Richton ParkIL60471

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Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

Olympia Fields, IL Local Guide

Cheapest Available Olympia Fields Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olympia Fields, IL is a 2 Beds unit found at Carriage Creek Apartments in the Lincoln Station neighborhood priced from $1,025. Central Park Apartments & Townhomes in the Indian Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,179. Here is today’s list of the most affordable Olympia Fields apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carriage Creek Apartments2 bedroom2BR,1BA$1,025
Central Park Apartments & Townhomes1 Bed 1 Bath A1BR,1BA$1,179
Olympic Village ApartmentsThe Spruce1BR,1BA$1,201
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1,410
Oakwood Townhomes2 Bedroom2BR,1BA$1,510

Best Value Apartments for Rent in Olympia Fields, IL and Nearby

As of May 01, 2025 the best value apartment in the Olympia Fields area is the $2.00 price per square foot Goddard - 3 Bed 2.5 Bath Model at Manors at Brookmere in the in the Southwick Courtyards neighborhood starting from $2,920. The second greatest value Olympia Fields apartment is the 2 Bedroom Model at Oakwood Townhomes starting at $1,510 with a $1.14 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Manors at BrookmereGoddard - 3 Bed 2.5 Bath3BR,2.5BA$2.00
Oakwood Townhomes2 Bedroom2BR,1BA$1.14
Carriage Creek Apartments1 bedroom2BR,1BA$1.26
Park Towers Apartment HomesTwo Bedroom 2 Bath-910 sqft2BR,2BA$1.81
Cedar Ridge Apartments2 Bed 1 Bath2BR,1BA$1.58
Matteson Blu2 Bedrooms, 1 Bathroom2BR,1BA$2.74
Central Park Apartments & Townhomes1 Bed 1 Bath A W/D1BR,1BA$1.74
Olympic Village ApartmentsThe Pine1BR,1BA$1.74

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Frequently Asked Questions about Olympia Fields

What type of rentals are currently available in Olympia Fields?

There are currently 95 Apartments for Rent in Olympia Fields, IL with pricing that ranges from $1,025 to $3,138. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia Fields ranging from $900 to $7,500.

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 $900 to $7,500 with an average monthly rent of $2,163.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

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I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.