Cheap Apartments for Rent in Olney, IL
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Apartments For Rent Near Olney, IL
We found 12 more apartments 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 stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Sep 2025 | $1,307 |
| Oct 2025 | $1,307 |
| Nov 2025 | $1,307 |
| Dec 2025 | $1,307 |
| Jan 2026 | $1,000 |
| Feb 2026 | $775 |
| Apr 2026 | $1,350 |
| Jun 2026 | $1,100 |
| Jul 2026 | $875 |
| Aug 2026 | $1,100 |
| Sep 2026 | $1,000 |
| Oct 2026 | $1,000 |
Average Rent By Bedroom and Home Type
In October 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 | — | $600 | $1,100 | — | $600 |
| Apartments and Condos | — | $375 | $1,100 | — | $1,100 |
| Houses | — | $600 | $1,000 | — | $600 |
Frequently Asked Questions about Rentals 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 44% lower than the national average.
- What are the cheapest months to find an apartment to rent in Olney, IL?Last year, the cheapest month to find an apartment to rent was Jun 2025 when it was $551 per month.
- How many cheap apartments are available in Olney, IL?There are 1 apartments to rent that are cheaper than the city’s average rent of $600.
- 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.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Olney, IL - 15 Rentas | Trulia