
Cheap Homes for Rent in Olney Neighborhood of Philadelphia, PA from $600 (29 Rentals)
Search the lowest-cost Homes available for rent right now in the Olney area of Philadelphia.


5124 N Broad St

4617 Penn St

3534 N 8th St, Unit 2F

2047 68th Ave

1412 72nd Ave

1963 Rowan St, Unit B
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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.

6317 N Norwood St

412 Lindley Ave

412 Lindley Ave

3734 N Sydenham St

5600 Nelson St

2106 E Chelten Ave

3820 N Broad St
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4825 N Camac St

5600 Ogontz Ave

5901 Colgate St

16xx W Juniata St

198 W Thelma St

2115 E Chelten Ave

630 W Fisher Ave
Beyond the Cheesesteak: The Ultimate Philadelphia Transplant Guide
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6007 Bingham St

3618 N 19th St, Unit 2ND FLOOR

259 W Ruscomb St

4825 N Camac St

4605 Leiper St

431 Sanger St

5625 Sprague St
Philadelphia's Best Affordable Neighborhoods
Learn about Philadelphia and the best places to live with original content written by our Local Expert Richard Corrigan

354 Devereaux Ave
Olney, Philadelphia, PA 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 | $1,332 | $975 | $1,800 |
| Olney 3 Bedroom Homes for Rent | $1,622 | $600 | $3,250 |
| Olney 4 Bedroom Homes for Rent | $1,875 | $1,111 | $2,295 |
| Olney 5 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
| Olney 6 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
Browse Homes for Rent in this Neighborhood
There are currently 29 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
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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. Arizona Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $797. 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 |
| Arizona Lofts | Studio | Studio,1BA | $797 |
| Olney Plaza | Studios | Studio,1BA | $850 |
| Foulkrod Manor LLC | Studio Units | Studio,1BA | $890 |
| Ivy Hill Gardens | STUDIO | Studio,1BA | $900 |
| YONO | Studio | Studio,1BA | $933 |
| Regency Village | Studio | Studio,1BA | $950 |
| Austin Manor Apartments | Studio | Studio,1BA | $975 |
| Carl Mackley Houses | 1 bedroom | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Olney, PA
As of February 22, 2026 the best value apartment in the Olney area is the $0.80 price per square foot 5665 E Wister St Model at 5665 E Wister St in the in the West Oak Lane neighborhood starting from $1,275. The second greatest value Olney apartment is the 5950 Bennington St Model at 5950 Bennington St, Unit 2nd Floor starting at $1,197 with a $1.09 price per square foot in the Lawncrest 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. |
|---|---|---|---|
| 5665 E Wister St | 5665 E Wister St | 2BR,1BA | $0.80 |
| 5950 Bennington St, Unit 2nd Floor | 5950 Bennington St | 1BR,1BA | $1.09 |
| 3518 N 11th St, Unit 1st Fl | 3518 N 11th St | 1BR,1BA | $1.20 |
| 4915 N 13th St, Unit C | 4915 N 13th St | 2BR,1BA | $1.35 |
| 7111 Rising Sun Avenue, Unit 3 rd floor | 7111 Rising Sun Avenue | 1BR,1BA | $1.25 |
| 5113 N 13th St, Unit #3 | 5113 N 13th St | 1BR,1BA | $1.25 |
| Carl Mackley Houses | 1 bedroom | 1BR,1BA | $1.30 |
| 2100 65th Ave | 2100 65th Ave | 1BR,1BA | $1.33 |
| Foulkrod Manor LLC | 1 Bedroom | 1BR,1BA | $1.37 |
| 1126 W Rockland St, Unit 3 | 1126 W Rockland St | 1BR,1BA | $1.33 |
Beyond Campus: Exploring the Best Philadelphia Neighborhoods for College Life
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Read ArticleUnlock Your Philly Commute: Your Guide to Renting Near the City's Biggest Employers
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Read ArticleQuick 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.
Best Local Schools in Olney, Philadelphia, PA
Washington Grover Jr School
School data provided by Great Schools
Frequently Asked Questions about Olney
What type of rentals are currently available in Olney?
There are currently 300 Apartments for Rent in Olney, PA with pricing that ranges from $700 to $3,250. There are also 144 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olney ranging from $600 to $3,250.
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 $600 to $3,250 with an average monthly rent of $1,570.
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 $1,300 to $2,330, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $3,250. Four Bedroom Single-Family rentals are also available starting from $1,111 and Four Bedroom Apartments start at $1,556.
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

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

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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.

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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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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Renting your next home can feel thrilling and overwhelming at the same time.

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Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.