Cheap Apartments for Rent in Olney, MD

20 rentals

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 Jul 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Aug 2025$2,800
Sep 2025$2,900
Oct 2025$2,700
Nov 2025$2,700
Dec 2025$2,600
Jan 2026$2,850
Feb 2026$2,682
Mar 2026$2,800
Apr 2026$2,850
May 2026$2,920
Jun 2026$2,825
Jul 2026$2,850
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Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$2,429$2,283$2,850$4,000$2,850
Townhomes—$2,550$2,900$3,150$2,850
Apartments and Condos—$2,317$2,500—$2,317
Houses———$4,000$3,900
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 $2,316 per month. This is about 19% higher than the national average.
  • When is the average rent cheapest in Olney, MD?
    In the last year, the average rent in Olney, MD was lowest in May 2025 when it was $2,350 per month.
  • 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 $2,429 per month. That is about $796 more than the cost of a studio apartment.
  • How many available rental listings are in Olney, MD?
    There are 19 available rental listings in Olney, MD.
  • 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 - 41 Rentas | Trulia