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Newest Homes for Rent in Olympia Fields, IL

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  • 20601 Promethian Way, Olympia Fields, IL 60461
    20601 Promethian Way, Olympia Fields, IL 60461
    20601 Promethian Way, Olympia Fields, IL 60461
    /16

    $3,795 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,668 Sq Ft
    • House for Rent

    20601 Promethian Way, Olympia Fields, IL 60461

    Set in a serene Olympia Fields neighborhood, this beautifully updated four-bedroom home spans 2,668 square feet of modern traditional design. The exterior combines brick and mixed siding with a screened porch overlooking a spacious, grassy backyard framed by mature trees, perfect for outdoor relaxation or entertaining.Inside, bright, open living areas showcase dark hardwood floors and

    (464) 250-8215

    20601 Promethian Way, Olympia Fields, IL 60461
  • 20460 Arcadian Dr, Olympia Fields, IL 60461
    20460 Arcadian Dr, Olympia Fields, IL 60461
    20460 Arcadian Dr, Olympia Fields, IL 60461
    /15

    $3,410 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,272 Sq Ft
    • House for Rent

    20460 Arcadian Dr, Olympia Fields, IL 60461

    Apply now or schedule your self-tour today and take the first step toward getting more than just a place to live. Rent with FirstKey Homes for a home that's right for you, plus professional service and maintenance, innovative resident programs, and more… that's the power of purple!This 4-bedroom, 2.5-bathroom rental home in Olympia Fields, IL, has a lot to offer; does it check all your

    20460 Arcadian Dr, Olympia Fields, IL 60461
Illinois Cook County Olympia Fields

Newest Homes for Rent in Olympia Fields, IL

Frequently Asked Questions

How much does it cost to rent a home in Olympia Fields, IL?
The median rent for a home in Olympia Fields, IL is $3,602 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Olympia Fields, IL?
To comfortably afford the median rent in Olympia Fields, IL, a household needs to earn roughly $144,080 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,602 per month in Olympia Fields, IL, renters typically need to show $10,806 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Olympia Fields, IL?
In Olympia Fields, IL, the price-to-rent ratio is 8.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Olympia Fields, IL are best for renting a home?
The best neighborhood for renting in Olympia Fields, IL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Beacon Hill, West Matteson and Hazel Crest Proper, each with its own character and price range.

Rental Home Trends in Olympia Fields, IL

There are currently 2 homes available for rent in Olympia Fields, IL. The median rent is $3,602 per month, with single-family homes renting at $3,505.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$3,602
Median Single Family Home Rent
$3,505
How to Rent a Home

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