
Cheap Apartments for Rent near Olney, MT from $900 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Olney.


The Meridian Apartments

The Highline Apartments

514 Bierney Creek Rd

Total Monthly Price
161 Indian Trail Rd

Parkline Towers

Altus Apartments

166-218 Jewel Basin Court
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.

Total Monthly Price
Stillwater Crossing

100 S Meridian Rd

Silverbrook Apartments

426 Cobalt Dr

Total Monthly Price
49 Colorado Ave, Unit 104

4775 US-2

111 Spar Ln

Total Monthly Price
105 Colorado Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

715 Cottonwood Ct

745 Cottonwood Ct

3131 Montana Hwy 206

227 W Montana St

64 White Pl

Skyview Lofts

Mountain Man Apartments

111 E Cottonwood Dr
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

760 Braig Rd

606 Wisconsin Ave

675 Belton Stage

45 Great Northern Dr

540 Nucleus Ave

60 Glacier Rnch Wy

Silver Star Apartments

54 Glacier Rnch Wy
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.

809 3rd Ave W

1750 E Lakeshore Dr
Olney, MT Local Guide

How much does it cost to rent an apartment in Olney?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olney Studio Apartments | $1,476 | $1,427 | $1,533 |
| Olney 1 Bedroom Apartments | $1,735 | $1,555 | $2,094 |
| Olney 2 Bedroom Apartments | $2,250 | $1,500 | $2,854 |
| Olney 3 Bedroom Apartments | $2,301 | $1,290 | $2,715 |
| Olney 4 Bedroom Apartments | $3,150 | $3,150 | $3,150 |
Browse Top Apartments in Olney
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Olney, MT Local Guide
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Cheapest Available Olney Apartments for Rent and Nearby
 The cheapest available apartment rental in Olney, MT is a 3 Beds unit found at Mountain Apartments and Mountain Senior priced from $1,290. Parkline Towers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,555. Here is today’s list of the most affordable Olney apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mountain Apartments and Mountain Senior | 3 Bedroom | 3BR,1BA | $1,290 |
| Parkline Towers | 1 Bedroom | 1BR,1BA | $1,555 |
| 166-218 Jewel Basin Court | 2 BR 2 BA | 2BR,2BA | $1,650 |
| Silverbrook Apartments | 3 Bed 2 Bath | 3BR,2BA | $2,715 |
Best Value Apartments for Rent in Olney, MT and Nearby
As of July 29, 2026 the best value apartment in the Olney area is the $1.12 price per square foot 3 Bedroom Model at Mountain Apartments and Mountain Senior in the starting from $1,290. The second greatest value Olney apartment is the 2 BR 2 BA Model at 166-218 Jewel Basin Court starting at $1,650 with a $1.65 price per square foot . 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. |
|---|---|---|---|
| Mountain Apartments and Mountain Senior | 3 Bedroom | 3BR,1.5BA | $1.12 |
| 166-218 Jewel Basin Court | 2 BR 2 BA | 2BR,2BA | $1.65 |
| Silverbrook Apartments | 2 Bed 2 Bath | 2BR,2BA | $2.75 |
| 161 Indian Trail Rd | 161 Indian Trail Rd | 2BR,1BA | $1.61 |
| Parkline Towers | 1 Bedroom | 1BR,1BA | $3.04 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Olney, MT Rentals by Map
See the most popular apartments and homes in Olney, MT
Frequently Asked Questions about Cheap Olney Apartments
How much is rent for a Cheap One Bedroom Olney Apartment?
The lowest price for a Cheap One Bedroom Olney Apartment is $1,555 at Parkline Towers.
What is the lowest price for a Cheap Two Bedroom Olney Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olney is starting from $1,650 at 166-218 Jewel Basin Court.
What is the most affordable Olney Three Bedroom Apartment?
The best deal on a cheap Olney Three Bedroom Apartment rental is at Mountain Apartments and Mountain Senior and starts from $1,290.
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.
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.