Cheap Apartments for Rent in Olney, MD from $1,300 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in Olney.

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.

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Hewitt Gardens Apartments
Rent Specials
$1,600 - $2,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,600 - $2,500
Total Monthly Price
$1,600 - $2,500
1 to 3 Bedroom Apartments Available Now

Hewitt Gardens Apartments

3331 Hewitt AveSilver Spring, MD 20906
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

Renting in the D.C. area? Explore Takoma, Brookland, Glover Park, Charles Village, and more. Find a convenient, high-quality home near your major employer.

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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.

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The Laureate
Rent Specials
$1,934 - $2,976
Total Monthly Price

Total Monthly Price

Base Rent
$1,934 - $2,976
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Laureate

8005 Gramercy BlvdRockville, MD 20855
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 14426 Taos Ct

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400

3 Bedroom, 2.5 Bath Townhome for Rent

Available Jun 5

14426 Taos Ct

Silver SpringMD20906
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Georgian Court
1 to 2 Bedroom Apartments

Georgian Court

3600 Bel Pre RdSilver Spring, MD 20906
  • Utilities Included

Discover DC: The Insider's Guide to Renting in Our Nation's Capital

Explore Washington DC like a local with this insider's guide to renting in the Nation's Capital. Explore the area's best neighborhoods, hidden gems, and diverse, delicious food scene.

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property at 15100 Interlachen Dr

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

2 Bedroom, 2 Bath Condo for Rent

Available Now

15100 Interlachen Dr, Unit 815, Unit 815

15100 Interlachen Dr
Silver SpringMD20906
property at 2806 Clear Shot Dr

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

3 Bedroom, 2 Bath Condo for Rent

Available Now

2806 Clear Shot Dr, Unit 3, Unit 3

2806 Clear Shot Dr
Silver SpringMD20906
Showing Results 1-49, Page 1 of 1

Olney, MD Local Guide

Cheapest Available Olney Apartments for Rent

 

The cheapest available apartment rental in Olney, MD is a 2 Beds unit found at Pointe View at Aspen Hill - 62 years + in the Glenmont neighborhood priced from $1,358. Flats at Sandy Spring in the Olney Town Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,385. Here is today’s list of the most affordable Olney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pointe View at Aspen Hill - 62 years +1 Bed2BR,1BA$1,358
Flats at Sandy SpringStudio - Income Restrictions ApplyStudio,1BA$1,385
Cinnamon Run/Peppertree FarmArbor - Peppertree Farm1BR,1BA$1,420
Rock Creek Woods1 Bedroom1BR,1BA$1,450
Landmark at Glenmont StationA21BR,1BA$1,464
AtelierJ-A11BR,1BA$1,465
Montgomery Trace Apartment HomesOne Bedroom - 804 sqft1BR,1BA$1,538
Mill Creek Gardens1 Bedroom 1 Bath + Den1BR,1BA$1,596
Crystal SpringsOne Bedroom1BR,1BA$1,597
Northgate Apartments1BR/1.0BA1BR,1BA$1,599

Best Value Apartments for Rent in Olney, MD

As of April 28, 2026 the best value apartment in the Olney area is the $1.37 price per square foot The Potomac Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $3,062. The second greatest value Olney apartment is the (End) The Bennet Model at Woodward Crossing Townhomes starting at $3,290 with a $1.63 price per square foot in the Stewart Town neighborhood. Here is today’s list of the best values for Olney apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Ivy RockvilleThe Potomac3BR,2.5BA$1.37
Woodward Crossing Townhomes(End) The Bennet4BR,3.5BA$1.63
Hewitt Gardens Apartments3BR/2.0BA3BR,2BA$1.62
Northgate Apartments2BR/2.0BA2BR,2BA$1.93
Westchester West Apartments2 Bed 1 Bath2BR,1BA$1.99
Strathmore House Apartments1 Bedroom1BR,1BA$1.92
Auden PlaceModel 1B1BR,1BA$2.00
Montgomery Trace Apartment HomesOne Bedroom - 804 sqft1BR,1BA$1.91
Flats at Sandy SpringStudio - Income Restrictions ApplyStudio ,1BA$1.82
Cinnamon Run/Peppertree FarmAscott - Cinnamon Run1BR,1BA$1.99

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Discover the top neighborhoods for university students to rent in Washington D.C. Find affordable, convenient, and vibrant areas near major campuses on ApartmentHomeLiving.com.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Olney Apartments

What is the Cheapest Studio apartment in Olney?

Currently the most affordable Cheap Studio Apartment in Olney is at Flats at Sandy Spring listed at $1,385.

How much is rent for a Cheap One Bedroom Olney Apartment?

The lowest price for a Cheap One Bedroom Olney Apartment is $1,420 at Cinnamon Run/Peppertree Farm.

What is the lowest price for a Cheap Two Bedroom Olney Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Olney is starting from $1,358 at Pointe View at Aspen Hill - 62 years +.

What is the most affordable Olney Three Bedroom Apartment?

The best deal on a cheap Olney Three Bedroom Apartment rental is at Westchester West Apartments and starts from $1,981.

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.

Helpful Local Expert Guides

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A Washington DC Local Expert's Guide to Top Affordable Neighborhoods for Renters in the DC Metro

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

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Rent Smart in Washington DC: Best Neighborhoods to Rent for University Students

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

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The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers

Written by: Steve Lilly

I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, D.C.

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Discover DC: The Insider's Guide to Renting in Our Nations Capital

Written by: Steve Lilly

Greetings from Washington, DC! I'm Stephen, your ApartmentHomeLiving.com Local Expert for Washington, and I'd love to give you the inside scoop on a city that many people only think of in terms of visiting, not living in.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.