Olympia Fields renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Olympia Fields is about $2,511 per month. This puts it in the 99th percentile compared to the state average cost of rent, which is $1,235. Households in Olympia Fields have a median income of $7,702 per month so the average renter in Olympia Fields is spending roughly 33% of their earnings on housing.
Nationally, and in Olympia Fields, home values are the data point most closely correlated with the cost of rent. The median price of a home in Olympia Fields is $222,454 right now, which is higher than nearby cities, meaning that rents in Olympia Fields also tend to be higher versus these nearby cities.
Higher rent prices are common in the southeastern parts of Olympia Fields while lower rent rates are often available in southwestern areas.
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