Cheap Apartments for Rent in Olney, MD

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Apartments For Rent Near Olney, MD

We found 12 more apartments matching your filters just outside Olney

Average Rent Trends in Olney, MD

Rent in Olney, MD varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Oct 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Nov 2025$2,700
Dec 2025$2,600
Jan 2026$2,850
Feb 2026$2,674
Mar 2026$2,800
Apr 2026$2,840
May 2026$2,933
Jun 2026$2,833
Jul 2026$2,850
Aug 2026$2,983
Sep 2026$2,750
Oct 2026$2,750
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$950$2,450$2,800$2,700$2,500
Townhomes—$2,450$3,000$2,700$2,800
Apartments and Condos$950$2,500$2,500—$2,500
Houses—$1,100$3,700$3,300$1,100
See more information about local market trends in Olney, MD

Frequently Asked Questions about Rentals in Olney, MD

  • What is the average rent of an apartment in Olney, MD?
    The average rent of an apartment in Olney, MD is $2,381 per month. This is about 22% higher than the national average.
  • What are the cheapest months to find an apartment to rent in Olney, MD?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $2,350 per month.
  • How many cheap apartments are available in Olney, MD?
    There are 6 apartments to rent that are cheaper than the city’s average rent of $2,500.
  • When is the average rent most expensive in Olney, MD?
    In the last year, the average rent in Olney, MD was highest in Jan 2025 when it was $3,000 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Olney, MD?
    The average rent of a 1 bedroom apartment in Olney, MD is $950 per month. That is about $50 less than the cost of a studio apartment.
  • What are some zip codes in Olney, MD?
    Olney, MD includes zip codes such as: 20832, 20830.
  • What are some cities near Olney, MD?
    Some nearby cities include: Sandy Spring, Derwood, Brinklow, Brookeville, Ashton. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Olney, MD - 43 Rentas | Trulia
Listing information is deemed reliable, but not guaranteed.