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Cheap Apartments for Rent in Olney, IL - 1 Rental available

Apartments Under $500

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Finding the right apartment as far as size and location go is one aspect of apartment searching, but making sure that it provides all that you need within a reasonable price is another. On RENTCafé, you can search for cheap apartments near you and ensure that you find one that suites your needs. Worried the neighborhood or city you are looking to move to is known to have higher rents? You can browse our listings and find the cheap apartments in any location, whether you are looking at a specific neighborhood, ZIP code, or city.

The perfect apartment for you is out there, either near you or anywhere in the U.S. that you are looking to move to. So, let's find the one that satisfies your wants and needs, but that also comes at an affordable price.

Frequently Asked Questions

What is the average size of a cheap apartment in Olney, IL?

The average Olney, IL cheap apartment size is 346 sq. ft.

What are the advantages of renting a cheap apartment in Olney, IL?

Cheap apartments in Olney, IL are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Olney, IL?

A cheap apartment in Olney, IL offers little storage space and fewer amenities compared to other apartments. You might be interested in studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, or browse all RENTCafé apartments for rent in Olney, IL.

Olney, IL Demographics

  • Total Population8,808
  • Female 4,190
    Male 4,618
  • Median Age40.6

Olney, IL Households

  • Total Number of Households3,762
  • Family 2,122
    Non-family 1,640
  • Children 1,051
    No Children 2,711
  • Average People Per Household2.26
  • Median Household Income$39,558
  • Median Housing Costs Per Month$553

Olney, IL Education Statistics

  • No High School4%
  • Some High School37%
  • Some College28%
  • Associate Degree12%
  • Bachelor Degree14%
  • Graduate Degree6%

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!