
Cheap Apartments for Rent in the Olney Neighborhood of Philadelphia, PA from $600 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olney area of Philadelphia.


Oak Lane Court Apartments

Avondale Apartments

6935 N 15th St

Regency Village

141 W Fisher Ave
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.

613 W Courtland St

4635 Leiper St

Foulkrod Manor LLC

542 Gilham St, Unit 542 Gilham Street

408 W Olney Ave

408 W Ruscomb St

Hillside Garden

Ivy Hill Gardens

5717 N Park Ave

5205 N 5th St
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.

5087 F St

5526 N Mascher St

5200 N 11th St

Academia Suites

Olney Plaza

Austin Manor Apartments

Spencer Place
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.

Stevenson Terrace Apartments

537 E Penn St

506 Benner St

Regency House

Oasis Manor - Senior Housing Apartments

Carl Mackley Houses

7111 Rising Sun Avenue, Unit 3 rd floor
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.
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.
Olney, Philadelphia, PA Local Guide

How much does it cost to rent an apartment in Olney?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Olney Studio Apartments | $1,003 | $600 | $1,308 |
Olney 1 Bedroom Apartments | $1,211 | $850 | $2,698 |
Olney 2 Bedroom Apartments | $1,423 | $950 | $1,950 |
Olney 3 Bedroom Apartments | $1,683 | $1,300 | $2,330 |
Olney 4 Bedroom Apartments | $1,585 | $1,200 | $2,000 |
Browse Apartments in this Neighborhood
There are currently 53 rentals with your search options within a 2 mile radius of the Olney Neighborhood of Philadelphia, PA.
See all Apartments in PhiladelphiaExplore Philadelphia
Olney, Philadelphia, PA Local Guide
- Nearby Philadelphia neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Regency Village has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here are the most affordable Olney apartments for rent in Philadelphia, PA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oak Lane Court Apartments | 0/1.0 | Studio,1BA | $750 |
Regency Village | Studio | Studio,1BA | $825 |
Arizona Lofts | Studio | Studio,1BA | $842 |
Foulkrod Manor LLC | Studio Units | Studio,1BA | $890 |
Oaklynne | 1BR/1.0BA | 1BR,1BA | $895 |
Best Value Apartments for Rent in Olney, PA
As of October 07, 2025 the best value apartment in the Olney area is the $1.18 price per square foot 5 Bedroom Model at 549 Armstrong St in the in the West Oak Lane neighborhood starting from $2,250. The second greatest value Olney apartment is the 5028 N 10th St Model at 5028 N 10th St, Unit #2 starting at $1,200 with a $0.71 price per square foot in the Ogontz 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. |
---|---|---|---|
549 Armstrong St | 5 Bedroom | 5BR,3BA | $1.18 |
5028 N 10th St, Unit #2 | 5028 N 10th St | 2BR,1BA | $0.71 |
5800 Stockton Rd, Unit 5800 Stockton Rd unit #1 | 5800 Stockton Rd | 4BR,1.5BA | $1.35 |
4840 Old York Rd, Unit Apt.2 Fl | 4840 Old York Rd | 2BR,1BA | $1.15 |
Olney Plaza | 2 Bedroom | 2BR,1BA | $1.23 |
6601 N 21st St | 6601 N 21st St | 1BR,1BA | $1.22 |
7111 Rising Sun Avenue, Unit 3 rd floor | 7111 Rising Sun Avenue | 1BR,1BA | $1.25 |
Carl Mackley Houses | 1 bedroom | 1BR,1BA | $1.30 |
Foulkrod Manor LLC | 1 Bedroom | 1BR,1BA | $1.37 |
6240 N 20th St, Unit 2nd Floor B3 | 6240 N 20th St | Studio ,1BA | $0.86 |
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.
Pet Friendly LifestyleOlney, Philadelphia, PA
Ranked #154
Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Olney, Philadelphia, PA
Washington Grover Jr School
School data provided by Great Schools
Getting Around the Olney Neighborhood in Philadelphia, PA
Walk Score®
84 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
Transit Score®
71 / 100
Excellent Transit
Transit is convenient for most trips
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
What is a cheap apartment in Olney?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olney is under $895.
What is the price of a cheap apartment in Olney?
The cheapest apartment in Olney is Oaklynne which is listed at $895, while the average apartment in Olney costs $1,645.
What types of apartments are the cheapest in Olney?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Olney that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Olney?
Cheap apartments in Olney have an average cost of $364 which is $1,281 cheaper than the average rent for all rentals in Olney.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.

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.