Cheap Apartments for Rent in the Olney Neighborhood of Philadelphia, PA from $600 (123 Rentals)

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

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.

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property at 5526 N Mascher St

$900 - $1,450

1 To 3 Bedroom Rentals

Available Now

5526 N Mascher St

PhiladelphiaPA19120

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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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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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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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.

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Olney, Philadelphia, PA Local Guide

Cheapest Available Olney Apartments for Rent

 

The cheapest available apartment rental in the Olney area of Philadelphia, PA is a Studio unit found at Oak Lane Court Apartments priced from $750. Arizona Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $821. Here are the most affordable Olney apartments for rent in Philadelphia, PA:

Apartment ListingModel NameBed/BathPriced From
Oak Lane Court Apartments0/1.0Studio,1BA$750
Arizona LoftsStudioStudio,1BA$821
Olney PlazaStudiosStudio,1BA$850
129-131 E Roosevelt Blvd1 Beds, 1 Baths1BR,1BA$875
Oaklynne1 Bed 1 Bath1BR,1BA$895
Ivy Hill GardensSTUDIOStudio,1BA$900
Avondale Apartments1 Bedroom 1 Bathroom1BR,1BA$908
YONOStudioStudio,1BA$918

Best Value Apartments for Rent in Olney, PA

As of July 08, 2026 the best value apartment in the Olney area is the $0.58 price per square foot 6322 Rising Sun Ave Model at 6322 Rising Sun Ave, Unit 1 in the in the Lawncrest neighborhood starting from $1,000. The second greatest value Olney apartment is the 3539 N 11th St Model at 3539 N 11th St, Unit 1 starting at $900 with a $0.82 price per square foot in the Tioga 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.
6322 Rising Sun Ave, Unit 16322 Rising Sun Ave1BR,1BA$0.58
3539 N 11th St, Unit 13539 N 11th St2BR,1BA$0.82
6370 Oxford Ave, Unit B6370 Oxford Ave1BR,2BA$1.25
3518 N 11th St, Unit 1st Fl3518 N 11th St1BR,1BA$1.20
6535 Rising Sun Ave, Unit 36535 Rising Sun Ave2BR,1BA$1.50
3759 N Marshall St, Unit 1st FL3759 N Marshall St2BR,1BA$1.11
7111 Rising Sun Avenue, Unit 3 rd floor7111 Rising Sun Avenue1BR,1BA$1.25
Foulkrod Manor1 Bedroom1BR,1BA$1.28
1217 Arrott St, Unit 31217 Arrott St1BR,1BA$1.21
Oaklynne1 Bed 1 Bath1BR,1BA$1.49

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

Find your perfect Philly college neighborhood. We break down the best areas for student renters near major universities, from walkable West Philly to the trendy spots in North Philly.

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Unlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers

Live like a local! Explore diverse Philly neighborhoods—from trendy Fishtown to historic Cedar Park—with an easy commute to your job. Your expert guide is here.

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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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Real 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.

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Quick 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.

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Best Local Schools in
Olney, Philadelphia, PA

School data provided by Great Schools

Frequently Asked Questions about Cheap Olney Apartments

What is the Cheapest Studio apartment in Olney?

Currently the most affordable Cheap Studio Apartment in Olney is at Oak Lane Court Apartments listed at $750.

How much is rent for a Cheap One Bedroom Olney Apartment?

The lowest price for a Cheap One Bedroom Olney Apartment is $875 at 129-131 E Roosevelt Blvd.

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 $1,195 at Lawndale Apartments.

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

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A Local Expert's Guide to the Best Affordable Neighborhoods in Philadelphia

Written by: Richard Corrigan

There’s always been more to Philadelphia than meets the eye. When I first came here, I saw it as a tough, gritty town.

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Unlock Your Philly Commute: Your Guide to Renting Near the Citys Biggest Employers

Written by: Richard Corrigan

Philadelphia is a city of neighborhoods. Those who live here take great pride in our specific corners of the city.

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Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide

Written by: Richard Corrigan

Welcome to Philadelphia! It’s the city of brotherly love, cheesesteaks, Ben Franklin and Rocky Balboa. And I don’t think you need me to tell you, it’s also a lot more than that.

decorative image for Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life article

Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life

Written by: Richard Corrigan

Philadelphia isn’t necessarily thought of as a college town, but it’s home to some of Pennsylvania’s biggest colleges and universities, and thousands of students call the city home.

Articles, How-To's, and Tips

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.