Bedroom count

Property type

Last updated on May 1, 2026

Average rent in
Olean, NY

Last updated on May 1, 2026

Last updated on May 1, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Olean, NY is $950. This is -51%, or $999, lower than the national average.

$2.81

average price per square foot

Median rent

$950

increased by12%
over the previous yearvs previous year

Total rentals

8

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Olean, NY is $950. This is -51%, or $999, lower than the national average.

$2.81

average price per square foot

Rent ranges

7%
93%
$0-$750$0 - $750
$751-$1,500$751 - $1,500

Households

50%
50%
Renter-occupied
Owner-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Olean, NY, in the last 30 days, rent estimates may not represent the actual market.

Rent price trends in
Olean, NY

Rent price trends

Rent prices for all bedroom counts and property types in Olean, NY have decreased by 17% in the last month and have increased by 12% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Olean, NY

The monthly rent for an apartment in Olean, NY is $900. A 1-bedroom apartment in Olean, NY costs about $800 on average, while a 2-bedroom apartment is $950. Houses for rent in Olean, NY are more expensive, with an average monthly cost of $1,300.

Comparables

1 bedroom

$550

2%

23%

2 bedroom

$950

10%

7%

3 bedroom

$1,300

9%

4%

1 bedroom

Average rent

$550

Last 30 days

2%

Last year

23%

2 bedroom

Average rent

$950

Last 30 days

10%

Last year

7%

3 bedroom

Average rent

$1,300

Last 30 days

9%

Last year

4%

The table above reflects average rent prices in Olean, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Olean, NY to other cities

Median rent prices in Olean, NY for all bedroom counts and property types compared to Allegany, NY.

Olean

Median rent price$950
decreased by51%

lower than the national median

Median rent price$950
decreased by51%

lower than the national median

Takeaway

The median rent for all rentals in Olean, NY is equal to the median rent in Allegany, NY.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Allegany

$950

increased by1%

Last year

Bradford

$850

increased by6%

Last year

Buffalo

$1,400

increased by3%

Last year

Canandaigua

$1,950

increased by19%

Last year

Cheektowaga

$1,400

increased by17%

Last year

Depew

$1,425

increased by1%

Last year

Fredonia

$1,250

decreased by25%

Last year

Hamburg

$1,300

Flat

Last year

Jamestown

$950

decreased by29%

Last year

Lancaster

$1,595

increased by6%

Last year

Orchard Park

$1,881

increased by14%

Last year

Wellsboro

$900

increased by8%

Last year

Apartments for rent in Allegany

Discover rentals in Olean, NY

632 Garden Avenue, Olean NY 14760 - Photo 1 of 1

2d ago

8.3

Very good

632 Garden Avenue, Olean NY 14760

632 Garden Ave, Olean, NY 14760

2 beds

1 bath

$875

Apartment for rent

312-314 North 3rd Street, Olean NY 14760 - Photo 1 of 1

2d ago

8.4

Very good

312-314 North 3rd Street, Olean NY 14760

312 N 3rd St, Olean, NY 14760

2 beds

1 bath

$950

Apartment for rent