Cheap Apartments for Rent in Olney, TX from $300 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Olney.

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 Article

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.

Read Article
Showing Results 1-14, Page 1 of 1

Olney, TX Local Guide

Cheapest Available Olney Apartments for Rent and Nearby

 

The cheapest available apartment rental in Olney, TX is a 1 Bed unit found at Fountaingate in the West Wichita Falls neighborhood priced from $650. Forest Glen in the West Wichita Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Olney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
FountaingateA11BR,1BA$650
Forest GlenA1 1x11BR,1BA$650
Parkway Villas2 Bedroom/2 Bath2BR,2BA$695
Country Club Estates1br duplex1BR,1BA$699
La Donna RGLLC1X11BR,1BA$700

Best Value Apartments for Rent in Olney, TX and Nearby

As of September 25, 2025 the best value apartment in the Olney area is the $1.08 price per square foot 2 Bed / 2 Bath Model at Westwind Manor in the starting from $1,295. The second greatest value Olney apartment is the B3 Model at The Maverick on Seymour starting at $1,075 with a $0.96 price per square foot in the North Wichita Falls neighborhood. Here is today’s list of the best values for Olney apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Westwind Manor2 Bed / 2 Bath2BR,2BA$1.08
The Maverick on SeymourB32BR,2BA$0.96
Santa Fe Village & Highlander Apartments2 Bedroom2BR,1BA$0.80
Willow Apts, 929 Brazos, Graham, TX 764501st Floor2BR,1BA$0.99
Parkway Villas2 Bedroom/2 Bath2BR,2BA$0.88
Mustang Village2 Bed / 2 Bath2BR,2BA$0.81
Pioneer Crossing Burkburnett SeniorsOne Bed1BR,1BA$1.00
Waterford Glen1B1BR,1BA$1.06
Country Club Estates1br duplex1BR,1BA$0.98
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$1.06

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Olney, TX

Ranked #308

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Olney, TX Rentals by Map

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Getting Around Olney, TX

Walk Score®

18 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $650 at Fountaingate.

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 $700 at Parkway Villas.

What is the most affordable Olney Three Bedroom Apartment?

The best deal on a cheap Olney Three Bedroom Apartment rental is at Country Club Estates and starts from $869.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.