Cheap Homes for Rent in Olympia Fields, IL from $900 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Olympia Fields.

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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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.

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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. Olympic Village Apartments in the Indian Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. 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
Olympic Village ApartmentsThe Spruce1BR,1BA$1,050
Central Park Apartments & Townhomes1 Bed 1 Bath B1BR,1BA$1,199

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

As of June 15, 2025 the best value apartment in the Olympia Fields area is the $1.41 price per square foot 3 Bedroom Model at Oakwood Townhomes in the in the Indian Hill neighborhood starting from $1,900. The second greatest value Olympia Fields apartment is the 3536 Front St Model at 3536 Front St, Unit 1West starting at $1,395 with a $1.40 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Oakwood Townhomes3 Bedroom3BR,1BA$1.41
3536 Front St, Unit 1West3536 Front St1BR,1BA$1.40
Carriage Creek Apartments1 bedroom2BR,1BA$1.26
Park Towers Apartment HomesTwo Bedroom 2 Bath-910 sqft2BR,2BA$1.74
Central Park Apartments & Townhomes1 Bed 1 Bath B1BR,1BA$1.66
Olympic Village ApartmentsThe Pine1BR,1BA$1.52
Matteson Blu1 Bedroom, 1 Bathroom1BR,1BA$2.92

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Frequently Asked Questions about Olympia Fields

What type of rentals are currently available in Olympia Fields?

There are currently 94 Apartments for Rent in Olympia Fields, IL with pricing that ranges from $695 to $4,425. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia Fields ranging from $950 to $3,800.

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 $950 to $3,800 with an average monthly rent of $2,025.

How much are larger Three and Four Bedroom Rentals in Olympia Fields?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olympia Fields range from $1,445 to $3,020, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,975 and Four Bedroom Apartments start at $2,915.

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

Written by: Nicole Harms

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.