
Cheap Apartments for Rent in the Olney Neighborhood of Philadelphia, PA from $600 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Olney area of Philadelphia.


4819 Old York Rd, Unit A1

644 W Venango St

Oak Lane Court Apartments

Avondale Apartments

4946 N Broad St, Unit 3R

6707 Ogontz Ave
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Foulkrod Manor LLC

Academia Suites

542 Gilham St, Unit 542 Gilham Street

408 W Ruscomb St

Hillside Garden

Ivy Hill Gardens

408 W Olney Ave
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Olney Plaza

Austin Manor Apartments

Spencer Place

YONO

537 E Penn St

Stevenson Terrace Apartments

Oasis Manor - Senior Housing Apartments
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6626 N 17th St

Carl Mackley Houses

6322 Rising Sun Ave, Unit 1

4802 N 11th St
Philadelphia's Best Affordable Neighborhoods
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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 | $1,117 | $650 | $1,816 |
Olney 1 Bedroom Apartments | $1,234 | $700 | $2,275 |
Olney 2 Bedroom Apartments | $1,451 | $950 | $2,433 |
Olney 3 Bedroom Apartments | $1,711 | $1,300 | $2,330 |
Olney 4 Bedroom Apartments | $1,828 | $1,556 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Olney Neighborhood of Philadelphia, PA.
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Olney, Philadelphia, PA Local Guide
- Nearby Philadelphia neighborhoods
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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. Fernrock Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $766. 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 |
Fernrock Apartments | Fernrock Studio | Studio,1BA | $766 |
Regency Village | Studio | Studio,1BA | $825 |
Foulkrod Manor LLC | Studio Units | Studio,1BA | $890 |
Academia Suites | Studio | Studio,1BA | $895 |
Godfrey Arms | Godfrey Arms Efficiency | Studio,1BA | $895 |
Best Value Apartments for Rent in Olney, PA
As of August 22, 2025 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 5665 E Wister St Model at 5665 E Wister St starting at $1,275 with a $0.80 price per square foot in the West Oak Lane 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. |
---|---|---|---|
6322 Rising Sun Ave, Unit 1 | 6322 Rising Sun Ave | 1BR,1BA | $0.58 |
5665 E Wister St | 5665 E Wister St | 2BR,1BA | $0.80 |
Tioga Garden Apartments | tg3br1ba | 3BR,1BA | $1.18 |
3518 N 11th St, Unit 1st Fl | 3518 N 11th St | 1BR,1BA | $1.20 |
Olney Plaza | 2 Bedroom | 2BR,1BA | $1.23 |
Parkside Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.24 |
6601 N 21st St | 6601 N 21st St | 1BR,1BA | $1.22 |
2100 65th Ave, Unit G | 2100 65th Ave | 1BR,1BA | $1.27 |
6240 N 20th St, Unit 2nd Floor B3 | 6240 N 20th St | Studio ,1BA | $0.93 |
4819 Old York Rd, Unit A1 | 4819 Old York Rd | 1BR,1BA | $1.08 |
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Pet Friendly LifestyleOlney, Philadelphia, PA
Ranked #169
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 Avondale Apartments which is listed at $903, while the average apartment in Olney costs $1,828.
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 18 regular apartments in Olney that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.