
Cheap Homes for Rent in Olney, MD from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Olney.


4311 Joplin Dr

7802 Guildberry Ct
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.

3364 Hewitt Ave

9 Tupelo Ct

14407 Oakvale St
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.

3750 Bel Pre Rd
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 | $2,212 | $1,925 | $2,500 |
| Olney 3 Bedroom Homes for Rent | $2,755 | $2,200 | $3,400 |
| Olney 4 Bedroom Homes for Rent | $4,106 | $3,400 | $5,000 |
| Olney 5 Bedroom Homes for Rent | $4,033 | $3,099 | $4,500 |
| Olney 6 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
| Olney 7 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Top Homes for Rent in Olney
Explore Olney
Olney, MD Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Landmark at Glenmont Station | S1 | Studio,1BA | $1,325 |
| 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 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodward Crossing Townhomes | (End) The Bennet | 4BR,3.5BA | $1.83 |
| Hewitt Gardens | 3BR/2.0BA | 3BR,2BA | $1.82 |
| Hermitage Square | 3 Bedroom 2 Bath | 3BR,2BA | $1.73 |
| Northgate Apartments | 2BR/2.0BA | 2BR,2BA | $1.80 |
| Saybrooke Apartments | B1 - Classic Interior | 2BR,1BA | $2.02 |
| 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 |
| Strathmore House Apartments | 1 Bedroom | 1BR,1BA | $1.94 |
| Flats at Sandy Spring | Studio - Income Restrictions Apply | Studio ,1BA | $1.82 |
| Rock Creek Woods | 1 Bedroom | 1BR,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.
Read ArticleRent 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.
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
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!
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See the most popular apartments and homes in Olney, MD
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

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.

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.

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.

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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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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.

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.

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.