
Cheap Homes for Rent in Olney, MD from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Olney.


7012 Warfield Rd

17619 Longview Ln

2702 Snowbird Terrace
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.

7804 Guildberry Ct

7912 Otter Cove Ct

3829 Chesterwood Dr

14221 Alderton Rd

3216 Spartan Rd

7617 Laytonia Dr
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.
Olney, MD Local Guide

How much does it cost to rent a home in Olney?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olney 2 Bedroom Homes for Rent | $2,425 | $2,350 | $2,500 |
Olney 3 Bedroom Homes for Rent | $3,460 | $2,300 | $4,800 |
Olney 4 Bedroom Homes for Rent | $3,555 | $3,000 | $4,800 |
Olney 5 Bedroom Homes for Rent | $5,525 | $4,100 | $6,950 |
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Olney, MD Local Guide
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Cheapest Available Olney Apartments for Rent
 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 $1,320. 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 | A1 | 1BR,1BA | $1,320 |
Pointe View at Aspen Hill - 62 years + | 1 Bed | 2BR,1BA | $1,358 |
Rock Creek Woods | 1 Bedroom | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Olney, MD
As of May 24, 2025 the best value apartment in the Olney area is the $1.47 price per square foot (Middle)The Bennett Model at Woodward Crossing Townhomes in the in the Stewart Town neighborhood starting from $2,990. The second greatest value Olney apartment is the The Georgetown Model at The Ivy Rockville starting at $2,734 with a $1.85 price per square foot in the Lakewood Estates 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 | (Middle)The Bennett | 4BR,3.5BA | $1.47 |
The Ivy Rockville | The Georgetown | 3BR,2.5BA | $1.85 |
Mill Creek Gardens | 2 Bedroom 1 Bath | 2BR,1BA | $1.65 |
Hewitt Gardens Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.79 |
Strathmore House Apartments | 2 Bedroom | 2BR,2BA | $1.90 |
Northgate Apartments | 2BR/2.0BA | 2BR,2BA | $1.90 |
Hampshire Village Senior 62+ | 2 bedroom, 1.5 bath | 2BR,1.5BA | $1.73 |
Auden Place | Model 1D | 1BR,1BA | $1.89 |
Montgomery Trace Apartment Homes | One Bedroom - 804 sqft | 1BR,1BA | $2.04 |
Rock Creek Woods | 1 Bedroom | 1BR,1BA | $2.01 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Olney
What type of rentals are currently available in Olney?
There are currently 54 Apartments for Rent in Olney, MD with pricing that ranges from $1,225 to $5,576. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olney ranging from $750 to $6,950.
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 $750 to $6,950 with an average monthly rent of $2,875.
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 $2,168 to $5,010, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $4,800. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,757.
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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.