Olean, NY rental market
Last updated August 8, 2025
Rental market summary
The average rent for all bedrooms and all property types in Olean, NY is $950.
$950
-$325
$0
11
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $800 to $2,600.
| Rent price | Number of rental properties |
|---|---|
| $700 | 2 |
| $800 | 4 |
| $900 | 3 |
| $1,000 | 2 |
| $1,200 | 2 |
| $2,500 | 1 |
| $2,600+ | 1 |
Average rent price over time
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $900 | $1,195 |
| Feb | $900 | $1,195 |
| Mar | $975 | $1,600 |
| Apr | $950 | $900 |
| May | $950 | $820 |
| Jun | $950 | $850 |
| Jul | $700 | $900 |
| Aug | $700 | $979 |
| Sep | $700 | No data |
| Oct | $1,150 | No data |
| Nov | $950 | No data |
| Dec | $1,075 | No data |
Market temperature
The Olean, NY rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Olean, NY is 55% lower than the national average.
$950
$2,100
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Frequently asked questions
1. What is the average rent in Olean, NY?
The average rent in Olean, NY is $950.
2. How much does it cost to rent a house in Olean, NY?
Houses in Olean, NY rent between $800 - $2,600 with an average rent of $950.
3. How has the rent in Olean, NY changed in the last year?
In the last year, the rent in Olean, NY did not change.
4. How much has the rent in Olean, NY increased/decreased in the last month?
In the last month, the rent in Olean, NY decreased by $325
5. How many available rentals are there in Olean, NY?
There are currently 11 rentals available in Olean, NY.
6. How do rent prices in Olean, NY compare with the national average?
The average rent in Olean, NY is $950 — 54.76% lower the national average of $2,100.