• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Alexandria Apartments For Rent
    • Arlington Apartments For Rent
    • Bethesda Apartments For Rent
    • Chevy Chase Apartments For Rent
    • Greenbelt Apartments For Rent
    • North Bethesda Apartments For Rent
    • Northern Virginia Apartments For Rent
    • Rockville Apartments For Rent
    • Rosslyn Apartments For Rent
    • Silver Spring Apartments For Rent
  • Houses For Rent
    • Alexandria Houses For Rent
    • Arlington Houses For Rent
    • Bethesda Houses For Rent
    • College Park Houses For Rent
    • Fredericksburg Houses For Rent
    • Greenbelt Houses For Rent
    • McLean Houses For Rent
    • Northern Virginia Houses For Rent
    • Silver Spring Houses For Rent
    • Washington Houses For Rent
  • Condos For Rent
    • Alexandria Condos For Rent
    • Arlington Condos For Rent
    • Bethesda Condos For Rent
    • Chevy Chase Condos For Rent
    • Gaithersburg Condos For Rent
    • Germantown Condos For Rent
    • Hagerstown Condos For Rent
    • North Bethesda Condos For Rent
    • Northern Virginia Condos For Rent
    • Oxon Hill Condos For Rent
  • Townhomes For Rent
    • Alexandria Townhomes For Rent
    • Arlington Townhomes For Rent
    • Ashburn Townhomes For Rent
    • Brambleton Townhomes For Rent
    • Fairfax Townhomes For Rent
    • Frederick Townhomes For Rent
    • Fredericksburg Townhomes For Rent
    • Gaithersburg Townhomes For Rent
    • Germantown Townhomes For Rent
    • Northern Virginia Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Olney, MD

What is the average rent in Olney, MD?

$2,053/month

Average Rent

793 Sq Ft

Average Apartment Size

-4.3%

Decrease in the Last Year

As of July 2025, the average rent in Olney, MD is $2,053 per month. This is 25% higher than the national average rent price of $1,637/month, making Olney one of the most expensive cities in the US. When you rent an apartment in Olney, you can expect to pay about per month for a studio, $2,053 for a one-bedroom apartment, and around $2,642 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,535 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,053/month
793 Sq Ft
Two Bedroom
$2,642/month
968 Sq Ft
Three Bedroom
$2,535/month
1,171 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Olney, MD?

In the past year, rent has decreased by 4.3%, which averages out to $87 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Olney, MD
Last Updated July 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Olney, MD
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

What salary do I need to live comfortably in Olney, MD?

Because the average rent in Olney is $2,053, you’ll want to make about $6,843 per month or $82,116 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Olney, MD

67 Available Apartments for Rent

Search for Nearby Apartments

How does Olney, MD compare to other nearby cities and neighborhoods?

Use the tool below to compare Olney, MD to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Olney, MD

Apartment Averages

Apartment communities in Olney we think you'll love

Tamarron Apartment Homes

Tamarron Apartment Homes

18101 Marksman Cir,
Olney, MD 20832

1-3 Beds | $2,380 - $2,813

HOC at Willow Manor LLC - Fair Hill Farm

HOC at Willow Manor LLC - Fair Hill Farm

18301 Georgia Ave,
Olney, MD 20832

1-2 Beds | Call for Rent

Hampshire Village Senior 62+

Hampshire Village Senior 62+

3210 Norbeck Rd,
Silver Spring, MD 20906

2 Beds | $1,610

Homes on Quaker Lane

Homes on Quaker Lane

17330 Quaker Ln,
Sandy Spring, MD 20860

1 Bed | $1,652

Learn More with Helpful Articles

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

How Much Should I Spend on Rent?

It's time to break down your budget and calculate costs.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

When Is the Best Time to Move?

The pros and cons of moving during each season.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Maryland Olney Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Long Island Apartments
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity