Olney, Philadelphia, PA Rental Market Trends
Last updated: July 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Olney is $1,286, a 7.35% increase compared to the previous year, when the average rent was $1,198.
One-bedroom apartments provide 611 square feet for $1,207, balancing privacy and affordability.
Two-beedroom units at $1,417 offer 775 square feet, perfect for roommates or small families.
Average rent in Olney, Philadelphia, PA
Last updated: July 04, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,286 | 677 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,207 | 611 sq. ft. |
| 2 Beds | $1,417 | 775 sq. ft. |
| 3 Beds | n/a | n/a |
Olney, Philadelphia, PA rent trends
Rental prices in Olney, Philadelphia, PA have increased by 7.35% over the past year. The average rent moved from $1,198 to $1,286.
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 $1,071/month
Frankford $1,140/month
Tioga $1,179/month
All of these neighborhoods fall below the city wide average of $2,027/month.Most expensive neighborhoods in Olney?
University City $3,339/month
Hawthorne $3,440/month
Society Hill $3,476/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Philadelphia, PA By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Society Hill | $3,476 |
| Hawthorne | $3,440 |
| University City | $3,339 |
| Center City West | $2,970 |
| Powelton Village | $2,635 |
| Passyunk Square | $2,612 |
| Rittenhouse Square | $2,604 |
| North Philadelphia | $2,589 |
| Northern Liberties | $2,500 |
| Logan Square | $2,483 |
| Old City | $2,364 |
| Southwest Center City | $2,307 |
| Market East | $2,302 |
| West Poplar | $2,256 |
| Manayunk | $2,254 |
| East Poplar | $2,240 |
| Spring Garden | $2,224 |
| Olde Kensington | $2,209 |
| Fishtown | $2,149 |
| Kensington South | $2,077 |
| Washington Square West | $2,071 |
| Callowhill | $2,027 |
| Mill Creek | $1,951 |
| Chestnut Hill | $1,937 |
| Paradise | $1,909 |
| Cabot | $1,876 |
| Francisville | $1,866 |
| East Torresdale | $1,858 |
| Brewerytown | $1,814 |
| Norris Square | $1,814 |
| Spruce Hill | $1,810 |
| Central Roxborough | $1,809 |
| Mantua | $1,759 |
| Wynnefield Heights | $1,756 |
| Garden Court | $1,748 |
| East Kensington | $1,740 |
| Packer Park | $1,723 |
| Andorra | $1,694 |
| Upper Roxborough | $1,693 |
| Wynnefield | $1,676 |
| East Falls | $1,631 |
| Point Breeze | $1,603 |
| Overbrook Farms | $1,595 |
| Wissahickon | $1,541 |
| Somerton | $1,536 |
| West Mount Airy | $1,529 |
| Kensington | $1,525 |
| Holmesburg | $1,504 |
| Bustleton | $1,498 |
| Germantown | $1,495 |
| West Torresdale | $1,493 |
| Fox Chase | $1,473 |
| Rhawnhurst | $1,468 |
| Winchester | $1,421 |
| East Oak Lane | $1,389 |
| Cecil B Moore | $1,387 |
| Ashton - Woodenbridge | $1,378 |
| East Mount Airy | $1,371 |
| Cedarbrook | $1,356 |
| Burholme | $1,346 |
| Bells Corner | $1,331 |
| Eastwick Southwest Philadelphia | $1,329 |
| West Oak Lane | $1,305 |
| Fern Rock | $1,292 |
| Olney | $1,290 |
| Logan | $1,268 |
| Cedar Park | $1,264 |
| Lexington | $1,263 |
| Cobbs Creek | $1,223 |
| Walnut Hill | $1,192 |
| Tioga | $1,179 |
| Frankford | $1,140 |
| Ogontz | $1,071 |
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Philadelphia | Rent Comparison by Neighborhood
Rent in Olney is 24% lower than in Andorra
$1,290
Olney rent is 1% higher than Philadelphia average
Average Rent
$1,290
$1,694
Andorra rent is 32% higher than Philadelphia average
Average Rent
$1,694
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.