
Cheap Homes for Rent in Olney, TX from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Olney.


4354 Cunningham Dr

3031 Stearns Ave

4309 Boren Ave
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.

4355 Boren Ave

2939 Moffett Ave

4321 Boren Ave
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.

4328 Featherston Ave

2220 Harrell St

3100 Garfield St
Olney, TX 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 | $1,278 | $1,075 | $1,700 |
Olney 3 Bedroom Homes for Rent | $1,697 | $975 | $2,400 |
Olney 4 Bedroom Homes for Rent | $2,227 | $1,425 | $2,975 |
Olney 5 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Olney
Explore Olney
Olney, TX Local Guide
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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. Santa Fe Village & Highlander Apartments in the North 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fountaingate | A1 | 1BR,1BA | $650 |
Santa Fe Village & Highlander Apartments | 1 Bedroom | 1BR,1BA | $650 |
Forest Glen | A1P 1x1 | 1BR,1BA | $675 |
Best Value Apartments for Rent in Olney, TX and Nearby
As of June 08, 2025 the best value apartment in the Olney area is the $1.05 price per square foot 3-60 Model at Parkstone Crossroads in the in the West Wichita Falls neighborhood starting from $1,152. The second greatest value Olney apartment is the Luxury Upgraded No Backyard Model at Lions Court Apartments starting at $725 with a $0.78 price per square foot in the East Wichita Falls 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. |
---|---|---|---|
Parkstone Crossroads | 3-60 | 3BR,2BA | $1.05 |
Lions Court Apartments | Luxury Upgraded No Backyard | 2BR,1.5BA | $0.78 |
Willow Apts, 929 Brazos, Graham, TX 76450 | 1st Floor | 2BR,1BA | $0.99 |
Mustang Village | 2 Bed / 2 Bath | 2BR,2BA | $0.80 |
Tealwood Place | One Bedroom One Bathroom | 1BR,1BA | $1.08 |
Pioneer Crossing Burkburnett Seniors | One Bed | 1BR,1BA | $1.00 |
Santa Fe Village & Highlander Apartments | 1 Bedroom | 1BR,1BA | $0.90 |
Waterford Glen | 1B | 1BR,1BA | $1.06 |
Country Club Estates | 1br duplex | 1BR,1BA | $0.98 |
Sheppard's Edge | 1 Bedroom/1 Bath | 1BR,1BA | $1.06 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Olney
What type of rentals are currently available in Olney?
There are currently 45 Apartments for Rent in Olney, TX with pricing that ranges from $495 to $1,850. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olney ranging from $650 to $2,975.
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 $650 to $2,975 with an average monthly rent of $1,470.
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 $540 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,425 and Four Bedroom Apartments start at $1,099.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.