Olney, Philadelphia, PA Rental Market Trends
Last updated: August 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Olney is $1,291, a 5.79% increase compared to the previous year, when the average rent was $1,220.
One-bedroom apartments provide 611 square feet for $1,211, balancing privacy and affordability.
Two-bedroom units at $1,422 offer 775 square feet, perfect for roommates or small families.
Average rent in Olney, Philadelphia, PA
Last updated: August 04, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,291 | 677 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,211 | 611 sq. ft. |
| 2 Beds | $1,422 | 775 sq. ft. |
| 3 Beds | n/a | n/a |
Olney, Philadelphia, PA rent trends
Rental prices in Olney, Philadelphia, PA have increased by 5.79% over the past year. The average rent moved from $1,220 to $1,291.
What's the typical rent budget in Olney, Philadelphia, PA?
The largest share of rentals in Olney, Philadelphia, PA (96%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Olney, Philadelphia, PA?
3,379 or 30% of the households in Olney, Philadelphia, PA are renter-occupied while 7,916 or 70% are owner-occupied.
Most affordable neighborhoods in Olney?
Ogontz $1,124/month
Cobbs Creek $1,162/month
Frankford $1,163/month
All of these neighborhoods fall below the city wide average of $2,036/month.Most expensive neighborhoods in Olney?
Society Hill $3,480/month
Hawthorne $3,533/month
Navy Yard $3,657/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Philadelphia, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Navy Yard | $3,657 |
| Hawthorne | $3,533 |
| Society Hill | $3,480 |
| University City | $3,343 |
| Center City West | $2,925 |
| North Philadelphia | $2,708 |
| Powelton Village | $2,607 |
| Rittenhouse Square | $2,564 |
| Passyunk Square | $2,486 |
| Logan Square | $2,482 |
| Old City | $2,399 |
| Northern Liberties | $2,306 |
| Market East | $2,302 |
| Southwest Center City | $2,270 |
| Manayunk | $2,266 |
| West Poplar | $2,261 |
| East Poplar | $2,241 |
| Spring Garden | $2,223 |
| Kensington South | $2,155 |
| Fishtown | $2,096 |
| Olde Kensington | $2,085 |
| Callowhill | $2,012 |
| Washington Square West | $1,959 |
| Paradise | $1,913 |
| Chestnut Hill | $1,908 |
| Francisville | $1,904 |
| Mill Creek | $1,837 |
| Cabot | $1,837 |
| Spruce Hill | $1,834 |
| Norris Square | $1,826 |
| East Torresdale | $1,811 |
| Packer Park | $1,788 |
| Brewerytown | $1,787 |
| Central Roxborough | $1,779 |
| Wynnefield Heights | $1,770 |
| East Kensington | $1,748 |
| Mantua | $1,735 |
| Andorra | $1,734 |
| Garden Court | $1,727 |
| Wissahickon | $1,713 |
| Upper Roxborough | $1,707 |
| Wynnefield | $1,683 |
| East Falls | $1,661 |
| Overbrook Farms | $1,597 |
| Point Breeze | $1,586 |
| West Torresdale | $1,532 |
| West Mount Airy | $1,530 |
| Kensington | $1,519 |
| Germantown | $1,518 |
| Somerton | $1,501 |
| Rhawnhurst | $1,485 |
| Bustleton | $1,482 |
| Holmesburg | $1,481 |
| Fox Chase | $1,433 |
| Winchester | $1,431 |
| East Mount Airy | $1,405 |
| East Oak Lane | $1,404 |
| Ashton - Woodenbridge | $1,385 |
| Cedarbrook | $1,379 |
| Bells Corner | $1,365 |
| Cecil B Moore | $1,331 |
| Eastwick Southwest Philadelphia | $1,329 |
| Fern Rock | $1,317 |
| Burholme | $1,300 |
| Olney | $1,286 |
| West Oak Lane | $1,267 |
| Tioga | $1,266 |
| Lexington | $1,264 |
| Logan | $1,234 |
| Cedar Park | $1,224 |
| Walnut Hill | $1,218 |
| Frankford | $1,163 |
| Cobbs Creek | $1,162 |
| Ogontz | $1,124 |
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Philadelphia | Rent Comparison by Neighborhood
Rent in Olney is 26% lower than in Andorra
$1,286
Olney rent is 1% lower than Philadelphia average
Average Rent
$1,286
$1,734
Andorra rent is 34% higher than Philadelphia average
Average Rent
$1,734
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Olney apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.