Rentometer, Inc. | Data as of 10/22/2025
Olney, Maryland, offers a vibrant rental market that blends suburban charm with convenient access to the Washington, D.C. metropolitan area. Residents enjoy a mix of modern apartment communities and classic single‑family homes, though the current data reflects strong demand for apartments. One‑bedroom units typically rent in the $1,800 range, with median values just above $2,000, while two‑bedroom apartments average just over $2,100, reflecting the appeal of spacious layouts for professionals and families alike. The area's quiet tree‑lined streets, well‑maintained parks, and a variety of local shops create a welcoming environment for renters seeking both comfort and convenience.
Olly’s strategic location near major thoroughfares like the Olney Bypass and the Capital Beltway makes commuting straightforward, and the nearby Montgomery College campus adds an academic vibe to the community. Popular neighborhoods such as Olney Town Center and the historic district around the Olney Theatre Center provide cultural attractions, dining options, and entertainment venues. Proximity to the Metro’s Red Line stations, including nearby Glenmont, enhances connectivity for those working in the city. With its blend of quality housing, strong rental demand, and an array of amenities, Olney remains a desirable destination for renters looking to enjoy the best of Maryland’s suburban lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,782 | $1,820 | $1,100 - $2,389 | $1,626 - $2,389 |
| Apartment | 2 Bedroom | $2,180 | $2,054 | $1,941 - $2,674 | $1,941 - $2,674 |
In the current period, the average rent in Olney was
$1,783 for 1 Bedroom, and
$2,181 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.