What's the average rent in Olean, NY?
Rental Market Trends in Olean, NY
SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Olean, NY is $995 per month, which is 48% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$995
-0.5%-$5 decrease month-over-month
17.1%$145 increase year-over-year
AVAILABLE RENTALS
10
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Olean, NY at $1,425 per month, while townhomes are the most expensive at $2,800 per month. Houses average $2,800 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | — |
| 4 Bedrooms | $2,800 |
| All | $995 |
As of May 2026, the average rent for a 1 bedroom rental in Olean, NY is $800 per month, followed by $1,000 for a 2 bedroom rental, and $2,800 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $2,800 |
| All | $2,800 |
As of May 2026, the average rent for a 4 bedroom townhome in Olean, NY is $2,800 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $825 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,000 |
As of May 2026, the average rent for a 1 bedroom apartment in Olean, NY is $825 per month, followed by $1,000 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $750 |
| 2 Bedrooms | — |
| 3 Bedrooms | — |
| 4 Bedrooms | $2,800 |
| All | $2,800 |
As of May 2026, the average rent for a 1 bedroom house in Olean, NY is $750 per month, followed by $2,800 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +11% compared to the previous year, which is a +$100 increase.
This year (2026)
Last year (2025)
Rent distribution
54% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $750 to $2,800.
