Cheap Apartments for Rent in Olney, MD from $1,300 (43 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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Northgate Apartments
Rent Specials
$1,500 - $1,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $1,975

Total Monthly Price
$1,500 - $1,975
1 to 2 Bedroom Apartments Available Now

Northgate Apartments

14207 Grand Pre RdSilver Spring, MD 20906
Outdoors
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  • Customer Reviewed
  • Utilities Included
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Hewitt Gardens Apartments
Rent Specials
$1,685 - $2,550
Total Monthly Price

Total Monthly Price

Base Rent
$1,685 - $2,550

Total Monthly Price
$1,685 - $2,550
1 to 3 Bedroom Apartments Available Now

Hewitt Gardens Apartments

3331 Hewitt AveSilver Spring, MD 20906
Family Friendly
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  • 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.

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
$1,983 - $4,308
Total Monthly Price

Total Monthly Price

Base Rent
$1,983 - $4,308

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Laureate

8005 Gramercy BlvdRockville, MD 20855
Pet Friendly
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property at 14622 Bauer Dr

$1,985

Total Monthly Price

Total Monthly Price

Base Rent
$1,985

Total Monthly Price
$1,985

2 Bedroom, 1 Bath Condo for Rent

Available Now

14622 Bauer Dr, Unit condo

14622 Bauer Dr
RockvilleMD20853

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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Georgian Court
1 to 2 Bedroom Apartments

Georgian Court

3600 Bel Pre RdSilver Spring, MD 20906
  • Utilities Included

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.

property at 14407 Oakvale St

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

1 Bedroom, 1 Bath Home for Rent

Available Now

14407 Oakvale St

RockvilleMD20853
property at 3750 Bel Pre Rd

$1,699 - $1,750

1 Bedroom Rentals

Available Now

3750 Bel Pre Rd

Silver SpringMD20906

Olney, MD Local Guide

Cheapest Available Olney Apartments for Rent

 

The cheapest available apartment rental in Olney, MD is a Studio unit found at Landmark at Glenmont Station in the Kemp Mill neighborhood priced from $1,325. Pointe View at Aspen Hill - 62 years + in the Glenmont neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,358. Here is today’s list of the most affordable Olney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Landmark at Glenmont StationS1Studio,1BA$1,325
Pointe View at Aspen Hill - 62 years +1 Bed2BR,1BA$1,358
Flats at Sandy SpringStudio - Income Restrictions ApplyStudio,1BA$1,385
Crystal SpringsOne Bedroom1BR,1BA$1,445
Cinnamon Run/Peppertree FarmAshworth - Cinnamon Run1BR,1BA$1,445
Rock Creek Woods1 Bedroom1BR,1BA$1,450
RidgewoodAlder1BR,1BA$1,553
HOC at Willow Manor LLC - Fair Hill Farm1 Bedroom, 1 Bath1BR,1BA$1,626
Strathmore House Apartments1 Bedroom1BR,1BA$1,633
Northgate Apartments1BR/1.0BA1BR,1BA$1,649

Best Value Apartments for Rent in Olney, MD

As of June 12, 2026 the best value apartment in the Olney area is the $1.83 price per square foot (End) The Bennet Model at Woodward Crossing Townhomes in the in the Stewart Town neighborhood starting from $3,700. The second greatest value Olney apartment is the 3BR/2.0BA Model at Hewitt Gardens Apartments starting at $2,368 with a $1.82 price per square foot in the Arcola 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.
Woodward Crossing Townhomes(End) The Bennet4BR,3.5BA$1.83
Hewitt Gardens Apartments3BR/2.0BA3BR,2BA$1.82
Rock Creek Woods2 Bedroom & Den2BR,1BA$1.94
Northgate Apartments2BR/2.0BA2BR,2BA$1.63
Saybrooke ApartmentsB1 - Classic Interior2BR,1BA$2.00
Hampshire Village Senior 62+2 bedroom, 1.5 bath2BR,1.5BA$1.83
Westchester West Apartments2 Bed 1 Bath2BR,1BA$1.99
Strathmore House Apartments1 Bedroom1BR,1BA$1.94
Montgomery Trace Apartment HomesOne Bedroom - 804 sqft1BR,1BA$1.94
Flats at Sandy SpringStudio - Income Restrictions ApplyStudio ,1BA$1.82

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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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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Real 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.

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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 Rock Creek Woods listed at $1,345.

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

The lowest price for a Cheap One Bedroom Olney Apartment is $1,445 at Crystal Springs.

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 Cinnamon Run/Peppertree Farm and starts from $2,155.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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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.

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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.

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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.