What's the average rent in Olean, NY?
Rental Market Trends in Olean, NY
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SOURCE: TRULIA DATA
Rental market highlights
As of June 2026, the average rent in Olean, NY is $1,164 per month, which is 40% lower than the national average rent of $1,951 per month.
AVERAGE RENT
$1,164
16.4%$164 increase month-over-month
66.3%$464 increase year-over-year
AVAILABLE RENTALS
14
APARTMENTS
HOUSES
TOWNHOUSES
As of June 2026, apartments are the most affordable rental option in Olean, NY at $1,325 per month, while townhomes are the most expensive at $2,800 per month. Houses average $2,500 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,175 |
| 4 Bedrooms | $2,800 |
| All | $1,164 |
As of June 2026, the average rent for a 1 bedroom rental in Olean, NY is $1,000 per month, followed by $1,000 for a 2 bedroom rental, $1,175 for a 3 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 June 2026, the average rent for a 4 bedroom townhome in Olean, NY is $2,800 per month.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,000 |
| 2 Bedrooms | $900 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,000 |
As of June 2026, the average rent for a 1 bedroom apartment in Olean, NY is $1,000 per month, followed by $900 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,200 |
| 3 Bedrooms | — |
| 4 Bedrooms | $2,500 |
| All | $2,500 |
As of June 2026, the average rent for a 2 bedroom house in Olean, NY is $1,200 per month, followed by $2,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +18% compared to the previous year, which is a +$150 increase.
This year (2026)
Last year (2025)
Rent distribution
67% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $800 to $2,800.
