Cheap Homes for Rent in Olympia Fields, IL from $900 (13 Rentals)

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

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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 1 Bed unit found at Cedar Ridge Apartments in the Lincoln Station neighborhood priced from $1,145. Olympic Village Apartments in the Indian Hill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,201. Here is today’s list of the most affordable Olympia Fields apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cedar Ridge Apartments1 Bed 1 Bath1BR,1BA$1,145
Olympic Village ApartmentsThe Pine1BR,1BA$1,201
Oakwood Townhomes1 Bedroom1BR,1BA$1,240
4206 Lindenwood Drive2 Bedroom 1 Bathroom Apartment2BR,1BA$1,455

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

As of August 02, 2025 the best value apartment in the Olympia Fields area is the $1.89 price per square foot The Spruce 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 Bedroom 1 Bathroom Apartment Model at 4206 Lindenwood Drive starting at $1,455 with a $2.00 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.
Olympic Village ApartmentsThe Spruce1BR,1BA$1.89
4206 Lindenwood Drive2 Bedroom 1 Bathroom Apartment2BR,1BA$2.00
Oakwood Townhomes1 Bedroom1BR,1BA$1.76
Cedar Ridge Apartments1 Bed 1 Bath1BR,1BA$1.82

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Frequently Asked Questions about Olympia Fields

What type of rentals are currently available in Olympia Fields?

There are currently 92 Apartments for Rent in Olympia Fields, IL with pricing that ranges from $1,025 to $3,211. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia Fields ranging from $950 to $4,500.

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 $950 to $4,500 with an average monthly rent of $2,227.

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.