Last updated on November 2, 2026

Average rent in
Olean, NY

Median rent

Median rent in Olean

$1,300/mo

increased by37%

vs previous year

The average rent in Olean is $1,300 per month as of October 2026. This is 32% below the national average rent, or $600 less per month.

$1.51

average price per square foot

Total rentals

Available rentals in Olean

7

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Olean rentals at each price point

75%56%38%19%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

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 trends in Olean, NY

Average rent prices in Olean have increased by 19% over the last month and have increased by 37% since last year.

Rent trends

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

Compare rent prices in Olean, NY

Rent prices in Olean vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Olean is $1,075, whereas a house costs $1,650. 2-bedroom apartments in Olean run $1,050 on average.

Listings

2 bedroom

$1,050

11%

11%

3 bedroom

$1,650

40%

59%

4 bedroom

$1,300

48%

-

2 bedroom

Average rent

$1,050

Last 30 days

11%

Last year

11%

3 bedroom

Average rent

$1,650

Last 30 days

40%

Last year

59%

4 bedroom

Average rent

$1,300

Last 30 days

48%

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.

How does rent in Olean, NY compare to other cities?

Compare median rent prices in Olean and Allegany by all bedroom counts and property types.

Olean

Median rent price$1,300
decreased by32%

lower than the national median

Median rent price$1,350
decreased by29%

lower than the national median

Takeaway

The median rent for all rentals in Olean, NY is 4% lower than the median rent in Allegany, NY.

Discover rentals in Olean, NY

203/205 N. Clinton St. - Photo 1 of 1

5d+ ago

8.6

Very good

203/205 N. Clinton St.

203/205 N. Clinton St., Olean, NY 14760

3 beds

1 bath

$1,100

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
911 Buffalo Street - Photo 1 of 1

16h ago

8.5

Very good

911 Buffalo Street

911 Buffalo St, Olean, NY 14760

4 beds

1 bath

$1,300

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

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Frequently asked questions for Olean, NY

Quick answers to common questions about the Olean rental market.

How much is rent in Olean?

The average rent in Olean is $1,300 per month as of October 31, 2026.

Is rent up or down in Olean?

Average rent prices in Olean have increased by 19% over the last month and have increased by 37% since last year.

How does Olean rent compare to the national average?

Rent in Olean is 32% below the national average, which means renters are paying approximately $600 less per month.

What salary do I need to afford rent in Olean?

To comfortably afford rent in Olean, you'd need to earn approximately $52,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Allegany