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Viewing 1-4 of 4 rentals in Olney
What to Know About
Life in Olney & Beyond
Olney shares many of the great qualities that make Maryland a desirable place to live.
Maryland, known as the "Old Line State," is a unique blend of historic charm and stunning scenery. With a rich colonial heritage and breathtaking landscapes, Maryland is a feast for the senses. Explore iconic landmarks such as the Chesapeake Bay and the Inner Harbor, the historic city of Annapolis, and historic sites like Fort McHenry, the birthplace of the American National Anthem. Major universities in the state include the University of Maryland, Johns Hopkins University, and Towson University, providing a solid educational foundation for students.
The state is also home to the Baltimore Ravens (NFL) and Baltimore Orioles (MLB), providing ample opportunities for sports enthusiasts. In addition, adventurers can enjoy outdoor recreational activities, including boating on the Chesapeake Bay, fishing, and hiking in parks like Assateague Island National Seashore and Patapsco Valley State Park. In addition, explore famous attractions like the National Aquarium, Oriole Park at Camden Yards, Pimlico Race Course, and the Maryland Science Center.
From the Chesapeake Bay to the Appalachian Mountains, Maryland has something for everyone to enjoy, and the state's strong economy and high quality of life make it an ideal place to call home.
Rental Market Trends
Olney, MD
As of August 2025, Olney's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Olney's average rent is 34.8% ($650) higher than the Maryland average of $1,867 and 40.6% ($727) higher than the U.S. average of $1,790.
Average Rent
$2,517
Monthly ChangeMonth Over Month Change
0.3% ($7)
Yearly ChangeYear Over Year Change
15.1% ($331)
Avg. Days on MarketAverage Days on Market
32
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $2,188 | 2.1% ($44) | 17.9% ($332) |
| 2 Beds | $2,559 | 2.2% ($54) | 18.2% ($394) |
| 3 Beds | $3,136 | 1.6% ($48) | 21.1% ($547) |
| Nearby Cities | Average Rent | Avg. Rent vs. OlneyAverage Rent vs. Olney | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Derwood | $2,469 | 1.9% ($48) | 29 days |
| Rockville | $2,118 | 15.9% ($399) | 32 days |
| Montgomery Village | $2,007 | 20.3% ($510) | 29 days |
| Gaithersburg | $1,990 | 20.9% ($527) | 32 days |
| Silver Spring | $1,797 | 28.6% ($720) | 27 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Olney Rental Market FAQs
Explore rental prices, market trends, and availability in Olney, MD.
The average rent in Olney, MD is $2,517 per month.
Homes in Olney typically rent for between $1,532 and $4,077 per month, with an average of $2,517 per month.
In Olney, the average rent for a 1-bedroom home is $2,188 per month, for a 2-bedroom home, $2,559 per month, and a 3-bedroom home is $3,136 per month.
The average rent in Olney is 40.6% ($727) higher than the national average of $1,790 per month.
The average rent in Olney has increased by 0.3% ($7) in the last month and increased by 15.1% ($331) over the past year.
The rental market in Olney, MD, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Olney, MD, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 4 rental properties available in Olney, MD.
Based on the current averages, a household would need an annual income of $102,360 to comfortably afford a 2-bedroom home in Olney.
