
Cheap Apartments for Rent in Olney, MD from $1,200 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Olney.


7012 Warfield Rd

Cinnamon Run/Peppertree Farm

2702 Snowbird Terrace

Rock Creek Woods

Pointe View at Aspen Hill - 62 years +
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.

Hermitage Square

Landmark at Glenmont Station

Hewitt Gardens Apartments

Rocklin Park Apartments

Strathmore House Apartments

Hampshire Village Senior 62+
Washington's Best Affordable Neighborhoods
Learn about Washington and the best places to live with original content written by Local Expert Steve Lilly

Scarborough Square Townhomes & Apartments

Montgomery Trace Apartment Homes

Crystal Springs

Homes on Quaker Lane

Auden Place
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Ridgewood

Westchester West Apartments

Atelier

The Reed
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Northgate Apartments

The Flats at Sandy Spring (Seniors 62+)

14632 Bauer Dr
Olney, MD Local Guide

How much does it cost to rent an apartment in Olney?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olney Studio Apartments | $1,885 | $1,345 | $2,040 |
Olney 1 Bedroom Apartments | $1,926 | $700 | $4,472 |
Olney 2 Bedroom Apartments | $2,325 | $1,358 | $6,719 |
Olney 3 Bedroom Apartments | $2,811 | $2,025 | $4,360 |
Olney 4 Bedroom Apartments | $3,659 | $2,757 | $4,943 |
Browse Top Apartments in Olney
See all Apartments in OlneyExplore Olney
Olney, MD Local Guide
- Olney Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Olney Apartments for Rent and Nearby
 The cheapest available apartment rental in Olney, MD is a 1 Bed unit found at Landmark at Glenmont Station in the Kemp Mill neighborhood priced from $1,245. The Flats at Sandy Spring (Seniors 62+) in the Olney Town Center neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. 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 | 1BR,1BA | $1,245 |
The Flats at Sandy Spring (Seniors 62+) | Studio | Studio,1BA | $1,350 |
Pointe View at Aspen Hill - 62 years + | 1 Bed | 2BR,1BA | $1,358 |
Hermitage Square | 1 Bedroom 1 Bath | 1BR,1BA | $1,469 |
Cinnamon Run/Peppertree Farm | Ashworth - Cinnamon Run | 1BR,1BA | $1,555 |
Strathmore House Apartments | 1 Bedroom | 1BR,1BA | $1,599 |
Rock Creek Woods | 1 Bedroom & Den | 1BR,1BA | $1,600 |
Hampshire Village Senior 62+ | 2 bedroom, 1.5 bath | 2BR,1BA | $1,610 |
Crystal Springs | One Bedroom | 1BR,1BA | $1,633 |
Scarborough Square Townhomes & Apartments | A1 | 1BR,1BA | $1,636 |
Best Value Apartments for Rent in Olney, MD and Nearby
As of June 25, 2025 the best value apartment in the Olney area is the $1.67 price per square foot The Rockville Model at The Ivy Rockville in the in the Lakewood Estates neighborhood starting from $2,754. The second greatest value Olney apartment is the 3750 Clara Downey Ave. Model at 3750 Clara Downey Ave., Unit 44 starting at $2,050 with a $1.64 price per square foot in the Olney Town Center 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. |
---|---|---|---|
The Ivy Rockville | The Rockville | 3BR,2BA | $1.67 |
3750 Clara Downey Ave., Unit 44 | 3750 Clara Downey Ave. | 2BR,2BA | $1.64 |
Hewitt Gardens Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.79 |
Rock Creek Woods | 2 Bedroom & Den | 2BR,1BA | $1.94 |
Auden Place | Model 2B | 2BR,1.5BA | $1.87 |
HOC at Willow Manor LLC - Fair Hill Farm | 2 Bedroom, 1 Bath | 2BR,1BA | $1.90 |
Hampshire Village Senior 62+ | 2 bedroom, 1.5 bath | 2BR,1.5BA | $1.73 |
Strathmore House Apartments | 1 Bedroom | 1BR,1BA | $1.90 |
Hermitage Square | 1 Bedroom 1 Bath | 1BR,1BA | $1.84 |
The Flats at Sandy Spring (Seniors 62+) | Studio | Studio ,1BA | $1.78 |
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.
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
Getting Around Olney, MD
Walk Score®
63 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
Transit Score®
32 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Olney Apartments
How much is rent for a Cheap One Bedroom Olney Apartment?
The lowest price for a Cheap One Bedroom Olney Apartment is $1,245 at Landmark at Glenmont Station.
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 Rock Creek Woods and starts from $2,100.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.