
Cheap Homes for Rent in Olema, CA from $1,700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Olema.


315 1st St

1531 Sir Francis Drake Blvd

837 Bantam Way
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

195 Melville Ave

100 Wildomar St

1502 Chapman Ln

22 Lakeview Ct
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Olema, CA Local Guide

How much does it cost to rent a home in Olema?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olema 2 Bedroom Homes for Rent | $3,820 | $3,100 | $4,750 |
| Olema 3 Bedroom Homes for Rent | $6,670 | $3,635 | $10,000+ |
| Olema 4 Bedroom Homes for Rent | $7,315 | $3,100 | $10,000+ |
| Olema 5 Bedroom Homes for Rent | $12,500 | $7,500 | $10,000+ |
Browse Top Homes for Rent in Olema
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Olema, CA Local Guide
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Cheapest Available Olema Apartments for Rent and Nearby
 The cheapest available apartment rental in Olema, CA is a Studio unit found at Villas at Hamilton in the Southeast Novato neighborhood priced from $1,848. 215 Bayview Apartments in the West End San Rafael neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,975. Here is today’s list of the most affordable Olema apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villas at Hamilton | Studio | Studio,1BA | $1,848 |
| 215 Bayview Apartments | Studio | Studio,1BA | $1,975 |
| Marinian Towers Apartments | 1BR/1.0BA | 1BR,1BA | $2,095 |
Best Value Apartments for Rent in Olema, CA and Nearby
As of June 06, 2026 the best value apartment in the Olema area is the $2.82 price per square foot 2 bedroom 2 bath Model at Prospect Hill Apartments in the in the Black Canyon neighborhood starting from $3,100. The second greatest value Olema apartment is the 2BR/1.0BA Model at Marinian Towers Apartments starting at $2,629 with a $2.77 price per square foot in the Santa Venetia neighborhood. Here is today’s list of the best values for Olema apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Prospect Hill Apartments | 2 bedroom 2 bath | 2BR,2BA | $2.82 |
| Marinian Towers Apartments | 2BR/1.0BA | 2BR,1BA | $2.77 |
| Marion Park | Liberte - 1 st floor with a patio | 2BR,2BA | $3.09 |
| Oak Creek | D | 2BR,1BA | $3.22 |
| Franciscan Manor | Apartment | 2BR,1BA | $3.30 |
| Bridgecreek | Fieldstone | 2BR,2BA | $3.29 |
| 1 H St | 1 bedroom | 1BR,1BA | $2.99 |
| Wyndover Apartment Homes | A1 | 1BR,1BA | $3.36 |
| The Grove Luxury Apartments | Petite Sirah | 1BR,1BA | $3.40 |
| One55 Lofts | One Bedroom | 1BR,1BA | $3.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Olema
What type of rentals are currently available in Olema?
There are currently 55 Apartments for Rent in Olema, CA with pricing that ranges from $1,848 to $9,326. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olema ranging from $1,795 to $22,500.
What is the current price range for Rental Homes in Olema?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Olema ranges from $1,795 to $22,500 with an average monthly rent of $5,821.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.