Average Rent in Olean, NY and Rent Price Trends

Rent price summary for
Olean, NY

As of August 2025, the median rent for all bedroom counts and property types in Olean, NY is $800. This is -60% lower than the national average.

$7.10

average price per square foot

Median rent

$800

over the previous yearvs previous year

Total rentals

5

for rent on Zumper.com

As of August 2025, the median rent for all bedroom counts and property types in Olean, NY is $800. This is -60% lower than the national average.

$7.10

average price per square foot

Rent ranges

20%

80%

$0-$750$0 - $750

$751-$1,500$751 - $1,500

Households

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 comparables in
Olean, NY
The monthly rent for an apartment in Olean, NY is $825. A 1-bedroom apartment in Olean, NY costs about $750 on average, while a 2-bedroom apartment is $825.


1 bedroom	$800	2%	16%
2 bedroom	$850	5%	10%
3 bedroom	$950	5%	6%

				Comparables
Apartments	$825	8%	No Change

1 bedroom

Average rent

$800

Last 30 days

Last year

16%

2 bedroom

Average rent

$850

Last 30 days

Last year

10%

3 bedroom

Average rent

$950

Last 30 days

Last year

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$800

60%

lower than the national median

Median rent price$800

60%

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

National Rent Report

Canadian Rent Report

Annual Rent Report

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