
Cheap Apartments for Rent in the Olney Town Center Neighborhood of Olney, MD from $1,300 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olney Town Center area of Olney.


Tamarron Apartment Homes

18106 Windsor Hill Dr

3230 Spartan Rd

3216 Spartan Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

17540 Queen Elizabeth Dr

17405 Pipers Way

Flats at Sandy Spring

Hampshire Village Senior 62+

Homes on Quaker Lane
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.

3516 Brookepark Terrace, Unit Basement Apartment

2806 Clear Shot Dr

3910 Doc Berlin Dr

4315 Pinetree Rd

3835 Doc Berlin Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

2806 Clear Shot Dr, Unit 3

2806 Clear Shot Dr
Olney Town Center, Olney, MD Local Guide

How much does it cost to rent an apartment in Olney Town Center?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olney Town Center Studio Apartments | $1,385 | $1,385 | $1,385 |
| Olney Town Center 1 Bedroom Apartments | $1,751 | $1,450 | $2,409 |
| Olney Town Center 2 Bedroom Apartments | $2,177 | $1,703 | $2,700 |
| Olney Town Center 3 Bedroom Apartments | $2,366 | $2,200 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 3 mile radius of the Olney Town Center Neighborhood of Olney, MD.
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Olney Town Center, Olney, MD Local Guide
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Cheapest Available Olney Town Center Apartments for Rent
 The cheapest available apartment rental in the Olney Town Center area of Washington, MD is a Studio unit found at Flats at Sandy Spring priced from $1,385. HOC at Willow Manor LLC - Fair Hill Farm has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,626. Here are the most affordable Olney Town Center apartments for rent in Washington, MD:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flats at Sandy Spring | Studio - Income Restrictions Apply | Studio,1BA | $1,385 |
| HOC at Willow Manor LLC - Fair Hill Farm | 1 Bedroom, 1 Bath | 1BR,1BA | $1,626 |
| Hampshire Village Senior 62+ | 2 bedroom, 2 bath | 2BR,2BA | $1,703 |
| Homes on Quaker Lane | One Bedroom | 1BR,1BA | $1,748 |
| Tamarron Apartment Homes | Two Bedroom 2 Bath - 950 sqft | 2BR,2BA | $2,252 |
Best Value Apartments for Rent in Olney Town Center, MD
As of July 19, 2026 the best value apartment in the Olney Town Center area is the $2.43 price per square foot Three Bedroom 2 Bath - 1,150 sqft Model at Tamarron Apartment Homes in the in the Olney Town Center neighborhood starting from $2,789. The second greatest value Olney Town Center apartment is the 2 bedroom, 1.5 bath Model at Hampshire Village Senior 62+ starting at $1,703 with a $1.83 price per square foot in the Olney Town Center neighborhood. Here is today’s list of the best values for Olney Town Center apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tamarron Apartment Homes | Three Bedroom 2 Bath - 1,150 sqft | 3BR,2BA | $2.43 |
| Hampshire Village Senior 62+ | 2 bedroom, 1.5 bath | 2BR,1.5BA | $1.83 |
| Flats at Sandy Spring | Studio - Income Restrictions Apply | Studio ,1BA | $1.82 |
| HOC at Willow Manor LLC - Fair Hill Farm | 1 Bedroom, 1 Bath | 1BR,1BA | $2.26 |
| Homes on Quaker Lane | One Bedroom | 1BR,1BA | $2.66 |
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 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.
Best Local Schools in Olney Town Center, Olney, MD
William H. Farquhar Middle
School data provided by Great Schools
Frequently Asked Questions about Cheap Olney Town Center Apartments
What is the price of a cheap apartment in Olney Town Center?
The cheapest apartment in Olney Town Center is Flats at Sandy Spring which is listed at $1,450, while the average apartment in Olney Town Center costs $2,450.
What types of apartments are the cheapest in Olney Town Center?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 5 regular apartments in Olney Town Center that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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I'm Steve, your ApartmentHomeLiving.com Local Expert for Washington, DC.

The DC Housing Strategy: Balancing Career & Lifestyle Near Top Washington DC Area Employers
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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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.