What's the average rent in Olean, NY?

Rental Market Trends in Olean, NY

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Olean, NY is $900 per month, which is 54% lower than the national average rent of $1,948 per month.

AVERAGE RENT

$900
-10.0%
-$100 decrease month-over-month
12.5%
$100 increase year-over-year

AVAILABLE RENTALS

12

APARTMENTS

$900

HOUSES

$1,300

TOWNHOUSES

$2,900
As of September 2026, apartments are the most affordable rental option in Olean, NY at $900 per month, while townhomes are the most expensive at $2,900 per month. Houses average $1,300 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$800
2 Bedrooms$950
3 Bedrooms$1,300
4 Bedrooms$2,900
All$900
As of September 2026, the average rent for a 1 bedroom rental in Olean, NY is $800 per month, followed by $950 for a 2 bedroom rental, $1,300 for a 3 bedroom rental, and $2,900 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +5% compared to the previous year, which is a +$50 increase.
This year (2026)
Last year (2025)

Rent distribution

65% of rentals have rent of $800-$1,499/month

Rental price range

The price range for rentals is $695 to $2,900.
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