Cheap Apartments for Rent in Olney, MD from $1,200 (26 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Washington's Best Affordable Neighborhoods

Learn about Washington and the best places to live with original content written by Local Expert Steve Lilly

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.

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.

close
View Me
Georgian Court
1 to 2 Bedroom Apartments

Georgian Court

3600 Bel Pre RdSilver Spring, MD 20906
  • Utilities Included

Olney, MD Local Guide

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 ListingModel NameBed/BathPriced From
Landmark at Glenmont StationS11BR,1BA$1,245
The Flats at Sandy Spring (Seniors 62+)StudioStudio,1BA$1,350
Pointe View at Aspen Hill - 62 years +1 Bed2BR,1BA$1,358
Hermitage Square1 Bedroom 1 Bath1BR,1BA$1,469
Cinnamon Run/Peppertree FarmAshworth - Cinnamon Run1BR,1BA$1,555
Strathmore House Apartments1 Bedroom1BR,1BA$1,599
Rock Creek Woods1 Bedroom & Den1BR,1BA$1,600
Hampshire Village Senior 62+2 bedroom, 1.5 bath2BR,1BA$1,610
Crystal SpringsOne Bedroom1BR,1BA$1,633
Scarborough Square Townhomes & ApartmentsA11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Ivy RockvilleThe Rockville3BR,2BA$1.67
3750 Clara Downey Ave., Unit 443750 Clara Downey Ave.2BR,2BA$1.64
Hewitt Gardens Apartments2BR/1.5BA2BR,1.5BA$1.79
Rock Creek Woods2 Bedroom & Den2BR,1BA$1.94
Auden PlaceModel 2B2BR,1.5BA$1.87
HOC at Willow Manor LLC - Fair Hill Farm2 Bedroom, 1 Bath2BR,1BA$1.90
Hampshire Village Senior 62+2 bedroom, 1.5 bath2BR,1.5BA$1.73
Strathmore House Apartments1 Bedroom1BR,1BA$1.90
Hermitage Square1 Bedroom 1 Bath1BR,1BA$1.84
The Flats at Sandy Spring (Seniors 62+)StudioStudio ,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.

decorative image of people with a giant lease agreement

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

Explore Olney, MD Rentals by Map

View MapOlney, MD Apartments MapView MapOlney, MD Rental Homes Map

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

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.

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

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.