
Cheap Homes for Rent near Olympia Fields, IL from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Olympia Fields.


101 E 23rd St

3914 212th Pl

130 E Lincoln Hwy
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3484 Western Ave

4117-4123 Lindenwood Dr

3530 214th St, Unit 6

37 W 14th Pl, Unit 2
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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 | $2,062 | $1,825 | $2,300 |
| Olympia Fields 3 Bedroom Homes for Rent | $2,273 | $900 | $3,700 |
| Olympia Fields 4 Bedroom Homes for Rent | $2,535 | $1,200 | $4,500 |
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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 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 |
Best Value Apartments for Rent in Olympia Fields, IL and Nearby
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 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleBest Neighborhoods to Rent in Near Chicago's Top Employers: A Guide for Renters
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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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Olympia Fields
What type of rentals are currently available in Olympia Fields?
There are currently 91 Apartments for Rent in Olympia Fields, IL with pricing that ranges from $900 to $2,430. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olympia Fields ranging from $875 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 $875 to $4,500 with an average monthly rent of $1,872.
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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