• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
  • Houses For Rent
  • Condos For Rent
  • Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
English

Language

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

Rental Market Trends in Olney, MD

Updated September 2026

The average rent in Olney, MD is $1,893/month.

Rent in Olney is roughly equal to the national average rent of of $1,665/month.

$1,893/month

Average Rent

793 Sq Ft

Average Size

-15.9%

Change / Year

58

Available Apartments

Olney rent varies by unit size and layout:

  • Studio apartments in Olney average per month.
  • One-bedroom apartments in Olney average $1,893 per month.
  • Two-bedroom apartments in Olney average $2,419 per month.
  • Three-bedroom apartments in Olney average $2,758 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$1,893/month
793 Sq Ft
Two Bedroom
$2,419/month
968 Sq Ft
Three Bedroom
$2,758/month
1,171 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$3,049/month
1,471 Sq Ft
View Olney Apartments

How much has average rent changed in Olney, MD?

In the past year, rent has decreased by 15.9%, which averages out to $300 less per month.

Market Trends Over Time

September 2026

2025 2026
Market Trends Over Time

Rent Ranges in Olney, MD

September 2026
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 $1,893, you’ll want to make about $6,310 per month or $75,720 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

58 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.

View the Olney Area Guide

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 | $2,058 - $2,714

Flats at Sandy Spring

Flats at Sandy Spring

900 Olney Sandy Spring Rd,
Ashton-Sandy Spring, MD 20860

Studio - 2 Beds | $1,385 - $2,009

Hampshire Village Senior 62+

Hampshire Village Senior 62+

3210 Norbeck Rd,
Silver Spring, MD 20906

2 Beds | $1,713

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 | $1,626 - $1,941

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

Manage Your Rentals

Guides for Managing Your Rental

When to Sell Your Rental Property

Know when it’s time to sell and move on.

What to Consider Before Investing in a Rental Property

Decide if rental investing is worth it: consider these 10 factors.

How to Track Your Rental Expenses on Apartments.com

Stay on top of cash flow, taxes, and ROI.

Maximizing Your ROI: A Guide to Marketing Apartment-Adjacent Rentals

Market ADUs and in-law suites to the right renters.

Explore Rental Manager Resources

Frequently Asked Questions

What is the average rent in Olney?

The average rent in Olney is $1,893 per month, which is 13.7% higher than the national average of $1,665.

Are rents going up or down in Olney?

Rents in Olney, MD are decreasing, with prices down 15.9% year-over-year and $300 less per month.

What rent range is most common in Olney?

In Olney, MD, 100% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

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 September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity