Last updated on June 15, 2026

Average rent in
Olean, NY

Median rent

Median rent in Olean

$1,000/mo

increased by18%

vs previous year

The average rent in Olean is $1,000 per month as of June 2026. This is 49% below the national average rent, or $950 less per month.

$2.75

average price per square foot

Total rentals

Available rentals in Olean

9

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Olean rentals at each price point

95%71%48%24%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 decreased by 6% over the last month and have increased by 18% 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 $975, whereas a house costs $1,900. 1-bedroom apartments in Olean run $800 on average, while 2-bedroom apartments are $975.

Listings

Studio

$825

65%

65%

1 bedroom

$800

7%

16%

2 bedroom

$900

No Change

6%

3 bedroom

$1,050

No Change

27%

4 bedroom

$1,400

39%

-

Studio

Average rent

$825

Last 30 days

65%

Last year

65%

1 bedroom

Average rent

$800

Last 30 days

7%

Last year

16%

2 bedroom

Average rent

$900

Last 30 days

No Change

Last year

6%

3 bedroom

Average rent

$1,050

Last year

27%

4 bedroom

Average rent

$1,400

Last 30 days

39%

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$1,000
decreased by49%

lower than the national median

Median rent price$1,175
decreased by40%

lower than the national median

Takeaway

The median rent for all rentals in Olean, NY is 15% lower than the median rent in Allegany, NY.

Discover rentals in Olean, NY

207 - 207 1/2 North 11st Street, Olean NY 14760 - Photo 1 of 1

4d ago

8.4

Very good

207 - 207 1/2 North 11st Street, Olean NY 14760

207 207 - 207 1/2 North 11st Street, Olean, NY 14760

2–3 beds

1 bath

$975–$1,175

Apartment for rent

422 York St - Photo 1 of 1

4d ago

House for rent in Olean

SINGLE_FAMILY - Other - Olean, NY

422 York St, Olean, NY 14760

4 beds

3 baths

$2,500

House for rent

Stay up to date with rental market insights

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

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 $1,000 per month as of June 13, 2026.

Is rent up or down in Olean?

Average rent prices in Olean have decreased by 6% over the last month and have increased by 18% since last year.

How does Olean rent compare to the national average?

Rent in Olean is 49% below the national average, which means renters are paying approximately $950 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 $40,000/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