What's the average rent in Olean, NY?

Rental Market Trends in Olean, NY

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Olean, NY is $1,295 per month, which is 32% lower than the national average rent of $1,913 per month.

AVERAGE RENT

$1,295

43.9%$395 increase month-over-month

36.3%$345 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,098

HOUSES

$1,400

TOWNHOUSES

$2,800

As of November 2026, apartments are the most affordable rental option in Olean, NY at $1,098 per month, while townhomes are the most expensive at $2,800 per month. Houses average $1,400 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$900
2 Bedrooms	$925
3 Bedrooms	$1,400
4 Bedrooms	$2,500
All	$1,295

As of November 2026, the average rent for a 1 bedroom rental in Olean, NY is $900 per month, followed by $925 for a 2 bedroom rental, $1,400 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$770
2 Bedrooms	$1,295
3 Bedrooms	$2,450
4 Bedrooms	—
All	$1,295

As of November 2026, the average rent for a 1 bedroom apartment in Olean, NY is $770 per month, followed by $1,295 for a 2 bedroom apartment, and $2,450 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,400
3 Bedrooms	$1,400
4 Bedrooms	$1,200
All	$1,400

As of November 2026, the average rent for a 2 bedroom house in Olean, NY is $1,400 per month, followed by $1,400 for a 3 bedroom house, and $1,200 for a 4 bedroom house.