A+
55%
Med. Home Val. NAT. AVG.
40%
Rent NAT. AVG.
2%
Owner Occ. NAT. AVG.

Olney Housing Information

IndexOlneyIllinoisNational
Median home price$146,451$308,565$326,622
Median rent asked$860$1,374$1,444
Avg. people per household2.22.62.6
Owner occupied households65.1%66.0%63.6%
Renter occupied households34.9%34.0%36.4%
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Housing Quick Facts

  • The median home price in Olney is 55% lower than the national average.
  • The median rent asked in Olney is 40% lower than the national average.
  • The average number of people per household in Olney is 14% lower than the national average.
  • The number of owner occupied households in Olney is 2% higher than the national average.
  • The number of renter occupied households in Olney is 4% lower than the national average.

Most Affordable Places to Live in and Around Olney

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Compare Olney, IL Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Sailor Springs, IL117$0100%
      Calhoun, IL154$68,92979%
      Parkersburg, IL227$81,24475%
      Noble, IL673$88,52573%
      West Salem, IL899$90,96472%
      Olney, IL9,196$146,45155%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Waseca, MN9,195$240,47526%
      Picture Rocks, AZ9,197$203,63738%
      Toppenish, WA9,199$256,26722%
      South Amboy, NJ9,192$592,39581%
      Ashland, NJ9,189$415,12927%
      Olney, IL9,196$146,45155%
      Source: The Olney, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.