What's the average rent in Olney, IL?
Rental Market Trends in Olney, IL
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SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in Olney, IL is $600 per month, which is 69% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$600
-40.0%-$400 decrease month-over-month
-40.0%-$400 decrease year-over-year
AVAILABLE RENTALS
2
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $600 |
| 3 Bedrooms | $1,100 |
| 4 Bedrooms | — |
| All | $600 |
As of September 2026, the average rent for a 2 bedroom rental in Olney, IL is $600 per month, followed by $1,100 for a 3 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $1,100 |
| 4 Bedrooms | — |
| All | $1,100 |
As of September 2026, the average rent for a 3 bedroom apartment in Olney, IL is $1,100 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $600 |
| 3 Bedrooms | $1,000 |
| 4 Bedrooms | — |
| All | $600 |
As of September 2026, the average rent for a 2 bedroom house in Olney, IL is $600 per month, followed by $1,000 for a 3 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -23% compared to the previous year, which is a $307 decrease.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $600 to $1,100.
