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 44% 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.

In the last year, the average rent in Olney, IL was highest in May 2025 when it was $1,500 per month.

There are 2 available rental listings in Olney, IL.

Olney, IL includes zip codes such as: 62450 , 62476 .

Some nearby cities include: Noble , Dundas , Claremont , Calhoun , Parkersburg . These cities may have more rental options to explore.

Apartments For Rent Near 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 decreased in Jul 2026 compared to the previous month. Rent previously peaked in May 2025.

View as a graph

In July 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	—	—	$875	—	$875
Apartments and Condos	—	—	$1,100	—	$1,100
Houses	—	—	$875	—	$875

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 44% 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 available rental listings are in Olney, IL?
There are 2 available rental listings in Olney, IL.
What are some zip codes in Olney, IL?
Olney, IL includes zip codes such as: 62450, 62476.
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.