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Homes & Apartments for Rent in Olympia Fields, IL

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What to Know About

Life in Olympia Fields & Beyond

Olympia Fields shares many of the great qualities that make Illinois a desirable place to live.

Illinois is known for its rich cultural heritage, lively urban centers, and beautiful countryside landscapes. Explore the state's cultural heritage by visiting renowned museums such as the Lincoln Presidential Library and Museum, the Field Museum of Natural History, the Museum of Science and Industry, and the Art Institute of Chicago. The state also has a thriving theater and art scene, including the renowned Steppenwolf Theatre Company in Chicago. Illinois is also home to respected universities like the University of Illinois at Urbana-Champaign and Northwestern University.

Outdoor enthusiasts will love the scenic beauty of the Shawnee National Forest and the adventure-filled trails of the Starved Rock State Park. Sports fans will be in their element in Illinois, cheering on the Chicago Bears (NFL), Chicago Blackhawks (NHL), Chicago Cubs (MLB), Chicago White Sox (MLB), and Chicago Bulls (NBA). Experience famous attractions like the Willis Tower, Navy Pier, and the Lincoln Park Zoo. Also, enjoy the musicals and plays at Broadway-in-Chicago, festivals throughout the summer months, and culinary tours of the local restaurants.

With its vibrant cultural scene, exciting entertainment options, and top-notch educational opportunities, Illinois offers a high quality of life, making it a great place to live.

Rental Market Trends

Olympia Fields, IL

As of October 2026, Olympia Fields's rental market is stable, with rentals spending about 30 days on the market, about the same as in Illinois (30), and rents up 2.8% over the past year. Olympia Fields's average rent is 7.1% ($178) higher than the Illinois average of $2,517 and 29.4% ($613) higher than the U.S. average of $2,082.

Average Rent
$2,695
Monthly ChangeMonth Over Month Change
Increased0.17% ($5)
Yearly ChangeYear Over Year Change
Increased2.8% ($73)
Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,258 Increased0.28% ($6) Increased5.3% ($113)
2 Beds $2,768 Increased0.11% ($3) Decreased0.9% ($24)
3 Beds $3,364 Decreased0.07% ($2) Decreased0.5% ($16)
Nearby Cities Average Rent Avg. Rent vs. Olympia FieldsAverage Rent vs. Olympia Fields Days on Market
Flossmoor $2,591 Decreased3.9% ($104) 30 days
Homewood $2,008 Decreased25.5% ($687) 32 days
Matteson $2,534 Decreased6.0% ($161) 30 days
Richton Park $1,636 Decreased39.3% ($1,059) 29 days
Country Club Hills $2,178 Decreased19.2% ($517) 31 days
Based on rentals advertised on RentalSource in and around Olympia Fields.
Frequently Asked Questions
Olympia Fields Rental Market FAQs

Explore rental prices, market conditions, and affordability in Olympia Fields, IL.

The average rent in Olympia Fields, IL is about $2,695 per month.
In Olympia Fields, the average rent is about $2,258 per month for a 1-bedroom home, about $2,768 for a 2-bedroom home and about $3,364 for a 3-bedroom home.
The average rent in Olympia Fields is 29.4% ($613) higher than the national average of $2,082 per month.
The rental market in Olympia Fields, IL is currently stable, with rentals spending about 30 days on the market, about the same as in Illinois (30), and rents up 2.8% over the past year.
Based on the current averages, a household would need an annual income of about $110,700 to comfortably afford a 2-bedroom home in Olympia Fields.
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