Studio Apartment Rent in Olney, MD
Median asking rent for a studio apartment in Olney, Maryland as of August 2026. That's +15% lower than the citywide median of $2,812 and +84% above the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Olney
Compare Olney's median rent across every apartment size.
Cheapest cities for a studio in Maryland
| # | City | Studio rent |
|---|---|---|
| 1 | Cumberland | $680 |
| 2 | Hagerstown | $820 |
| 3 | Ocean City | $880 |
| 4 | Salisbury | $1,090 |
| 5 | Lochearn | $1,168 |
| 6 | Easton | $1,170 |
| 7 | Bladensburg | $1,206 |
| 8 | Brooklyn Park | $1,250 |
| 9 | Dundalk | $1,250 |
| 10 | Essex | $1,250 |
| 11 | Halethorpe | $1,250 |
| 12 | Westminster | $1,250 |
| 13 | Aberdeen | $1,270 |
| 14 | Rossville | $1,270 |
| 15 | Temple Hills | $1,281 |
Most expensive cities for a studio in Maryland
| # | City | Studio rent |
|---|---|---|
| 1 | Potomac | $3,020 |
| 2 | Bethesda | $2,675 |
| 3 | New Market | $2,530 |
| 4 | Derwood | $2,400 |
| 5 | Olney (this page) | $2,380 |
| 6 | Chevy Chase | $2,370 |
| 7 | Rockville | $2,297 |
| 8 | Brandywine | $2,250 |
| 9 | Lake Arbor | $2,130 |
| 10 | Upper Marlboro | $2,115 |
| 11 | Jessup | $2,110 |
| 12 | Gambrills | $2,100 |
| 13 | Kensington | $2,080 |
| 14 | Hanover | $2,050 |
| 15 | Germantown | $2,050 |
Nearby cities — studio rent
Considering nearby alternatives? 5 of these cities have cheaper studio rents than Olney.
| City | Distance | Studio rent | vs Olney |
|---|---|---|---|
| Kensington, MD | 8.5 mi | $2,080 | $-300 (-13%) |
| Silver Spring, MD | 8.6 mi | $1,587 | $-793 (-33%) |
| Gaithersburg, MD | 8.8 mi | $1,983 | $-397 (-17%) |
| Bethesda, MD | 10.8 mi | $2,675 | +$295 (+12%) |
| Takoma Park, MD | 12.8 mi | $1,290 | $-1,090 (-46%) |
| Chillum, MD | 14.3 mi | $1,410 | $-970 (-41%) |
| College Park, MD | 14.4 mi | $1,634 | $-746 (-31%) |
| Hyattsville, MD | 14.9 mi | $1,840 | $-540 (-23%) |
| Columbia, MD | 16.1 mi | $1,760 | $-620 (-26%) |
| McLean, VA | 16.3 mi | $2,245 | $-135 (-6%) |
| Washington, DC | 16.9 mi | $2,145 | $-235 (-10%) |
| Greenbelt, MD | 17.1 mi | $1,940 | $-440 (-18%) |
Studio rent in Olney — common questions
How much is a studio apartment in Olney?
As of August 2026, the median studio apartment rent in Olney, Maryland is $2,380 per month. This is +15% below the citywide median of $2,812.
What income do you need to afford a studio in Olney?
Using the standard 30% rent-to-income rule, you would need an annual income of about $95,200 ($7,933/month gross), which works out to roughly $45.77/hour at a full-time job.
Is Olney expensive for a studio compared to the rest of the US?
Olney's studio median of $2,380 is +84% above the national studio median of $1,290. It ranks in the 95th percentile of US cities tracked.
How does Olney rank for studio rent in Maryland?
Among the 89 cities in Maryland with studio data, Olney ranks #85 from cheapest to most expensive.
Are there cheaper studio options near Olney?
Yes — nearby cities with cheaper studio rents include Kensington ($2,080), Silver Spring ($1,587), Gaithersburg ($1,983).