
Cheap Apartments for Rent in Olney, MD from $1,300 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Olney.


14843 Hammersmith Cir

Landmark at Glenmont Station

Rock Creek Woods

Pointe View at Aspen Hill - 62 years +

Flats at Sandy Spring

Crystal Springs

Cinnamon Run/Peppertree Farm
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.

Total Monthly Price
Northgate Apartments

TOWNE CREST APARTMENTS

Hermitage Square

Ridgewood

Montgomery Trace Apartment Homes

Strathmore House Apartments

Auden Place

Total Monthly Price
Hewitt Gardens Apartments
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.

Hampshire Village Senior 62+

Westchester West Apartments

Homes on Quaker Lane

Scarborough Square Townhomes & Apartments

The Reed

Mill Creek Gardens

Atelier

Total Monthly Price
Huntington at King Farm
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.

2921 N Leisure World Blvd

The Trails at King Farm Apartments

Fenestra at The Square

Saybrooke Apartments

Rocklin Park Apartments

2405 Normandy Square Pl, Unit B

Total Monthly Price
The Laureate

14622 Bauer Dr, Unit condo
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Total Monthly Price
The Daley at Shady Grove

5578 Burnside Dr

2806 Clear Shot Dr

4311 Joplin Dr

Bauer Park Senior Apartments – 62+

Georgian Court

3364 Hewitt Ave

9 Tupelo Ct
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14407 Oakvale St

3750 Bel Pre Rd

2806 Clear Shot Dr
Olney, MD Local Guide

How much does it cost to rent an apartment in Olney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Olney Studio Apartments | $1,739 | $1,360 | $2,319 |
| Cheap Olney 1 Bedroom Apartments | $1,862 | $1,335 | $3,648 |
| Cheap Olney 2 Bedroom Apartments | $2,230 | $1,358 | $4,290 |
| Cheap Olney 3 Bedroom Apartments | $2,758 | $2,125 | $4,070 |
| Cheap Olney 4 Bedroom Apartments | $3,350 | $2,653 | $3,700 |
Browse Top Apartments in Olney
See all Apartments in OlneyExplore Olney
Olney, MD Local Guide
- Olney Neighborhoods
- Nearby Cities
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Landmark at Glenmont Station | S1 | Studio,1BA | $1,325 |
| Pointe View at Aspen Hill - 62 years + | 1 Bed | 2BR,1BA | $1,358 |
| Flats at Sandy Spring | Studio - Income Restrictions Apply | Studio,1BA | $1,385 |
| Crystal Springs | One Bedroom | 1BR,1BA | $1,445 |
| Cinnamon Run/Peppertree Farm | Ashworth - Cinnamon Run | 1BR,1BA | $1,445 |
| Rock Creek Woods | 1 Bedroom | 1BR,1BA | $1,450 |
| Ridgewood | Alder | 1BR,1BA | $1,553 |
| HOC at Willow Manor LLC - Fair Hill Farm | 1 Bedroom, 1 Bath | 1BR,1BA | $1,626 |
| Strathmore House Apartments | 1 Bedroom | 1BR,1BA | $1,633 |
| Northgate Apartments | 1BR/1.0BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodward Crossing Townhomes | (End) The Bennet | 4BR,3.5BA | $1.83 |
| Hewitt Gardens Apartments | 3BR/2.0BA | 3BR,2BA | $1.82 |
| Rock Creek Woods | 2 Bedroom & Den | 2BR,1BA | $1.94 |
| Northgate Apartments | 2BR/2.0BA | 2BR,2BA | $1.63 |
| Saybrooke Apartments | B1 - Classic Interior | 2BR,1BA | $2.00 |
| Hampshire Village Senior 62+ | 2 bedroom, 1.5 bath | 2BR,1.5BA | $1.83 |
| Westchester West Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.99 |
| Strathmore House Apartments | 1 Bedroom | 1BR,1BA | $1.94 |
| Montgomery Trace Apartment Homes | One Bedroom - 804 sqft | 1BR,1BA | $1.94 |
| Flats at Sandy Spring | Studio - Income Restrictions Apply | Studio ,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.
Read ArticleRent 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.
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!
Explore Olney, MD Rentals by Map
See the most popular apartments and homes in Olney, MD
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

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.

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.

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.

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

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

Pet-Friendly Renting: Everything You Need to Know Before You Move
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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.