Cheap Apartments for Rent in Olney, TX from $400 (28 Rentals)

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

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Courtyard
1 to 3 Bedroom Apartments

The Courtyard

4601 Woodland AveVernon, TX 76384
  • Utilities Included
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Tealwood Place
1 to 3 Bedroom Apartments

Tealwood Place

5300 Professional DrWichita Falls, TX 76302
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-28, 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 Studio unit found at Stone Ridge Apartments ALL BILLS PAID in the East Wichita Falls neighborhood priced from $495. Country Park Apartments in the West Wichita Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $630. Here is today’s list of the most affordable Olney apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Stone Ridge Apartments ALL BILLS PAIDStudioStudio,1BA$495
Country Park Apartments1 Bedroom 1 Bathroom1BR,1BA$630
The Kate Apartments & Student HousingEfficiencies1BR,1BA$650
FountaingateA11BR,1BA$650
Forest GlenA1 1x11BR,1BA$650
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$650
Parkway VillasMesquite1BR,1BA$656
Country Club Estates1br duplex1BR,1BA$699
La Donna RGLLC1X11BR,1BA$700
Lions Court Apartments2-Bedroom 2nd Floor2BR,1BA$725

Best Value Apartments for Rent in Olney, TX and Nearby

As of November 17, 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 B2 Model at The Maverick on Seymour starting at $975 with a $1.03 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 SeymourB22BR,2BA$1.03
Mustang Village2 Bed / 2 Bath2BR,2BA$0.79
Lions Court Apartments1-Bedroom 1st Floor Tile Floors1BR,1BA$1.10
Santa Fe Village & Highlander Apartments1 Bedroom1BR,1BA$0.90
Waterford Glen1B1BR,1BA$1.06
Country Club Estates1br duplex1BR,1BA$0.98
Sheppard's Edge1 Bedroom/1 Bath1BR,1BA$1.06
The Courtyard1BR/1Bath1BR,1BA$1.05
Country Park Apartments1 Bedroom 1 Bathroom1BR,1BA$1.04

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.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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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See the most popular apartments and homes in Olney, TX

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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 $630 at Country Park Apartments.

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 $710 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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.