
Cheap Homes for Rent in Olney, MD from $1,700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Olney.


17540 Queen Elizabeth Dr

3516 Brookepark Terrace, Unit Basement Apartment

2334 Sun Valley Cir

17405 Pipers Way

15100 Interlachen Dr, Unit 4-516

3946 Bel Pre Rd
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2806 Clear Shot Dr, Unit 3

2806 Clear Shot Dr

15064 Haslemere Ct

15115 Interlachen Dr, Unit 112

15107 Interlachen Dr

14312 Astrodome Dr

14312 Astrodome Dr
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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 | $2,336 | $2,000 | $2,950 |
| Olney 3 Bedroom Homes for Rent | $2,901 | $2,200 | $3,650 |
| Olney 4 Bedroom Homes for Rent | $3,774 | $2,995 | $4,800 |
| Olney 5 Bedroom Homes for Rent | $4,257 | $3,000 | $5,500 |
| Olney 6 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
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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 Studio unit found at Rock Creek Woods in the Halpine neighborhood priced from $1,345. 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 |
|---|---|---|---|
| Rock Creek Woods | Studio | Studio,1BA | $1,345 |
| 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 |
| Westchester West Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,430 |
| Cinnamon Run/Peppertree Farm | Ashworth - Peppertree Farm | 1BR,1BA | $1,540 |
Best Value Apartments for Rent in Olney, MD
As of July 25, 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 Gaithersburg neighborhood starting from $3,700. The second greatest value Olney apartment is the The Woodmont Model at The Ivy Rockville starting at $2,579 with a $1.86 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 | (End) The Bennet | 4BR,3.5BA | $1.83 |
| The Ivy Rockville | The Woodmont | 2BR,1.5BA | $1.86 |
| Hewitt Gardens Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.73 |
| Rock Creek Woods | 2 Bedroom & Den | 2BR,1BA | $1.94 |
| Montgomery Trace Apartment Homes | Two Bedroom 2 Bath - 1,007 sqft | 2BR,2BA | $1.79 |
| Northgate Apartments | 2BR/2.0BA | 2BR,2BA | $1.95 |
| Saybrooke Apartments | B1 - Classic Interior | 2BR,1BA | $1.94 |
| 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 |
| Flats at Sandy Spring | Studio - Income Restrictions Apply | Studio ,1BA | $1.82 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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
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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 62 Apartments for Rent in Olney, MD with pricing that ranges from $1,100 to $4,235. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olney ranging from $1,750 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 $1,750 to $6,000 with an average monthly rent of $3,525.
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 $3,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $3,650. Four Bedroom Single-Family rentals are also available starting from $2,995 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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