Olney IL Apartments
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Apartments For Rent Near Olney, IL
We found 1 more apartment matching your filters just outside Olney
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Average Rent Trends in Olney, IL
Rent in Olney, IL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Apr 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,500 |
| Jun 2025 | $551 |
| Sep 2025 | $1,307 |
| Oct 2025 | $579 |
| Nov 2025 | $579 |
| Feb 2026 | $775 |
| Apr 2026 | $1,350 |
Average Rent By Bedroom and Home Type
In May 2026, Houses were the most affordable home type to rent compared with Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | — | $1,100 | — | $1,100 |
| Apartments and Condos | — | — | $1,100 | — | $1,100 |
| Houses | — | — | $1,000 | — | $1,000 |
Frequently Asked Questions about Apartments and Condos for rent in Olney, IL
- What is the average rent of an apartment in Olney, IL?The average rent of an apartment in Olney, IL is $1,100 per month. This is about 43% lower than the national average.
- When is the average rent cheapest in Olney, IL?In the last year, the average rent in Olney, IL was lowest in Jun 2025 when it was $551 per month.
- When is the average rent most expensive in Olney, IL?In the last year, the average rent in Olney, IL was highest in May 2025 when it was $1,500 per month.
- How many apartments or condos are available to rent in Olney, IL?There are 1 available apartments or condos to rent in Olney, IL.
- What are some zip codes in Olney, IL?
- What are some cities near Olney, IL?Some nearby cities include: Noble, Dundas, Claremont, Calhoun, Parkersburg. These cities may have more rental options to explore.