3-Bedroom Apartment Rent in Olney, MD
Median asking rent for a 3-bedroom apartment in Olney, Maryland as of August 2026. That's +22% higher than the citywide median of $2,812 and +61% above the national 3-bedroom median of $2,130.
Income needed for a 3-bedroom in Olney
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 3-bedroom at the current median rent.
Rent by apartment size in Olney
Compare Olney's median rent across every apartment size.
Cheapest cities for a 3-bedroom in Maryland
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Cumberland | $1,280 |
| 2 | Hagerstown | $1,650 |
| 3 | Ocean City | $1,662 |
| 4 | Bladensburg | $1,736 |
| 5 | Robinwood | $1,772 |
| 6 | Temple Hills | $1,847 |
| 7 | Takoma Park | $1,856 |
| 8 | Beltsville | $1,866 |
| 9 | Easton | $1,890 |
| 10 | Carney | $1,900 |
| 11 | Salisbury | $1,900 |
| 12 | Coral Hills | $1,944 |
| 13 | Fort Washington | $1,973 |
| 14 | Oxon Hill | $2,006 |
| 15 | New Carrollton | $2,007 |
Most expensive cities for a 3-bedroom in Maryland
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Potomac | $4,340 |
| 2 | Bethesda | $3,845 |
| 3 | Jessup | $3,800 |
| 4 | Gambrills | $3,770 |
| 5 | Hanover | $3,680 |
| 6 | New Market | $3,640 |
| 7 | Odenton | $3,510 |
| 8 | Derwood | $3,450 |
| 9 | Olney (this page) | $3,430 |
| 10 | Arnold | $3,420 |
| 11 | Chevy Chase | $3,410 |
| 12 | Crofton | $3,370 |
| 13 | Rockville | $3,303 |
| 14 | Ellicott City | $3,260 |
| 15 | Elkridge | $3,260 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 3-bedroom rents than Olney.
| City | Distance | 3-Bedroom rent | vs Olney |
|---|---|---|---|
| Kensington, MD | 8.5 mi | $2,990 | $-440 (-13%) |
| Silver Spring, MD | 8.6 mi | $2,284 | $-1,146 (-33%) |
| Gaithersburg, MD | 8.8 mi | $2,857 | $-573 (-17%) |
| Bethesda, MD | 10.8 mi | $3,845 | +$415 (+12%) |
| North Potomac, MD | 11.6 mi | $2,660 | $-770 (-22%) |
| Takoma Park, MD | 12.8 mi | $1,856 | $-1,574 (-46%) |
| Chillum, MD | 14.3 mi | $2,075 | $-1,355 (-40%) |
| College Park, MD | 14.4 mi | $2,345 | $-1,085 (-32%) |
| Hyattsville, MD | 14.9 mi | $2,650 | $-780 (-23%) |
| Columbia, MD | 16.1 mi | $3,163 | $-267 (-8%) |
| McLean, VA | 16.3 mi | $3,227 | $-203 (-6%) |
| Washington, DC | 16.9 mi | $3,086 | $-344 (-10%) |
3-Bedroom rent in Olney — common questions
How much is a 3-bedroom apartment in Olney?
As of August 2026, the median 3-bedroom apartment rent in Olney, Maryland is $3,430 per month. This is +22% higher than the citywide median of $2,812.
What income do you need to afford a 3-bedroom in Olney?
Using the standard 30% rent-to-income rule, you would need an annual income of about $137,200 ($11,433/month gross), which works out to roughly $65.96/hour at a full-time job.
Is Olney expensive for a 3-bedroom compared to the rest of the US?
Olney's 3-bedroom median of $3,430 is +61% above the national 3-bedroom median of $2,130. It ranks in the 89th percentile of US cities tracked.
How does Olney rank for 3-bedroom rent in Maryland?
Among the 92 cities in Maryland with 3-bedroom data, Olney ranks #84 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Olney?
Yes — nearby cities with cheaper 3-bedroom rents include Kensington ($2,990), Silver Spring ($2,284), Gaithersburg ($2,857).