Cheap Homes for Rent in Olney, MD from $900 (7 Rentals)

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Search the lowest-cost Homes 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.

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

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.

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 and Nearby

 

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

Best Value Apartments for Rent in Olney, MD and Nearby

As of June 10, 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 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 Gardens3BR/2.0BA3BR,2BA$1.82
Hermitage Square3 Bedroom 2 Bath3BR,2BA$1.73
Northgate Apartments2BR/2.0BA2BR,2BA$1.80
Saybrooke ApartmentsB1 - Classic Interior2BR,1BA$2.02
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
Flats at Sandy SpringStudio - Income Restrictions ApplyStudio ,1BA$1.82
Rock Creek Woods1 Bedroom1BR,1BA$2.01

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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Quick Rent Budget Calculator

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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 Olney

What type of rentals are currently available in Olney?

There are currently 57 Apartments for Rent in Olney, MD with pricing that ranges from $1,325 to $4,231. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olney ranging from $950 to $6,000.

What is the current price range for Rental Homes in Olney?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olney ranges from $950 to $6,000 with an average monthly rent of $3,831.

How much are larger Three and Four Bedroom Rentals in Olney?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olney range from $1,981 to $3,955, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,400. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $2,653.

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.