Olean, NY rental market

What is the average rent in Olean, NY?

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Last updated January 7, 2026

Rental market summary

The average rent for all bedrooms and all property types in Olean, NY is $950.

Average rent

$950

Month-over-month change

-$250

Year-over-year change

-$200

Available rentals

12

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $2,800.

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Rent frequencies
Rent priceNumber of rental properties
$7003
$8005
$9004
$1,0001
$1,1001
$1,2001
$1,9001
$2,0001
$2,7002
$2,800+2

Average rent price over time

In the last year, rent has decreased by $200 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$1,195$950
Feb$1,195No data
Mar$1,600No data
Apr$900No data
May$820No data
Jun$850No data
Jul$900No data
Aug$979No data
Sep$950No data
Oct$975No data
Nov$944No data
Dec$950No data

Market temperature

The Olean, NY rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Olean, NY is 52% lower than the national average.

Olean, NYvs.

$950

$1,995

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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. What is the average rent for a one-bedroom apartment in Olean, NY?

The average rent for a one-bedroom apartment in Olean, NY is $800 per month.

3. What is the average rent for a two-bedroom apartment in Olean, NY?

The average rent for a two-bedroom apartment in Olean, NY is $900 per month.

4. What is the average rent for a three-bedroom apartment in Olean, NY?

The average rent for a three-bedroom apartment in Olean, NY is $975 per month.

5. What is the average rent for a four-bedroom apartment in Olean, NY?

The average rent for a four-bedroom apartment in Olean, NY is $2,800 per month.

6. How much does it cost to rent a house in Olean, NY?

Houses in Olean, NY rent between $800 - $2,800 with an average rent of $950.

7. How has the rent in Olean, NY changed in the last year?

In the last year, the rent in Olean, NY decreased by $200

8. 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 $250

9. How many available rentals are there in Olean, NY?

There are currently 12 rentals available in Olean, NY.

10. How do rent prices in Olean, NY compare with the national average?

The average rent in Olean, NY is $950 — 52.38% lower the national average of $1,995.

Zip codes in Olean, NY