Cheap Apartments for Rent in the Olney Neighborhood of Philadelphia, PA from $600 (58 Rentals)

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

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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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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property at 4538 Greene St

4538 Greene St

PhiladelphiaPA19144

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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Foulkrod Apartments
1 Bedroom Apartments

Foulkrod Apartments

1338 Foulkrod StPhiladelphia, PA 19124
  • Utilities Included
  • Smoke Free
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232 E Wister St
Studio Apartments

232 E Wister St

232 E Wister StPhiladelphia, PA 19144
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Boulevard Gardens
1 to 2 Bedroom Apartments

Boulevard Gardens

4801 Summerdale AvePhiladelphia, PA 19124
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Treeview Manor Apartments
Studio to 1 Bedroom Apartments

Treeview Manor Apartments

6620-6630 N 5th StPhiladelphia, PA 19126
  • Utilities Included
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Cheltenham Station
1 to 2 Bedroom Apartments

Cheltenham Station

6810 Martins Mill RdPhiladelphia, PA 19111
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Grange Apartments
Studio to 1 Bedroom Apartments

Grange Apartments

5800 N 16th StPhiladelphia, PA 19141
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Arizona Lofts
Studio to 2 Bedroom Apartments

Arizona Lofts

4618 Leiper StPhiladelphia, PA 19124
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1713 W Tioga St
1 Bedroom Apartments

1713 W Tioga St

1713 W Tioga StPhiladelphia, PA 19140
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Oaklynne
1 Bedroom Apartments

Oaklynne

6610 N 8th StPhiladelphia, PA 19126
  • Utilities Included
Showing Results 1-50, Page 1 of 2

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. Avondale Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $815. 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
Avondale ApartmentsEfficency SmallStudio,1BA$815
Regency VillageStudioStudio,1BA$825
Fernrock ApartmentsFernrock StudioStudio,1BA$882
Foulkrod Manor LLCStudio UnitsStudio,1BA$890
Godfrey ArmsGodfrey Arms EfficiencyStudio,1BA$895

Best Value Apartments for Rent in Olney, PA

As of July 02, 2025 the best value apartment in the Olney area is the $1.09 price per square foot 1418 67th Ave Model at 1418 67th Ave, Unit 1R in the in the West Oak Lane neighborhood starting from $1,200. The second greatest value Olney apartment is the 4860 N 8th St Model at 4860 N 8th St, Unit Ground Floor starting at $1,425 with a $1.39 price per square foot in the Belfield 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.
1418 67th Ave, Unit 1R1418 67th Ave1BR,1BA$1.09
4860 N 8th St, Unit Ground Floor4860 N 8th St2BR,1BA$1.39
4840 N Camac St, Unit 24840 N Camac St2BR,1BA$1.18
2128 Stenton Ave, Unit Stenton Ave 2nd fl2128 Stenton Ave1BR,1BA$1.22
4749 Bingham St, Unit 24749 Bingham St1BR,1BA$1.33
Carl Mackley Houses1 bedroom1BR,1BA$1.30
2100 65th Ave, Unit G2100 65th Ave1BR,1BA$1.27
Foulkrod Manor LLC1 Bedroom1BR,1BA$1.37
6035 Palmetto St, Unit BA6035 Palmetto StStudio ,1BA$1.31
1126 W Rockland St, Unit 31126 W Rockland St1BR,1BA$1.29

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Pet Friendly Lifestyle
Olney, Philadelphia, PA

Ranked #167

Among neighborhoods in Philadelphia, PA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Olney, Philadelphia, PA

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 $896, while the average apartment in Olney costs $1,556.

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 12 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 $528 which is $1,028 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.

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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.

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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.

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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.

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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.