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Olean, NY Condos for Rent

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  • /13

    $960

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 1,800 Sq Ft
    • Condo for Rent

    207 N 3rd St Unit 207B, Olean, NY 14760

    Clean, well maintained, spacious apartment in Oak Hill Historic District of Olean, NY. Building is listed on the National Register of Historic Places. Eat-in kitchen with gas range and electric refrigerator. Living room with coat closet; bedroom with large walk-in closet, bath with tub shower; office/study; large walk-in closet in hall between bathroom and office; Window air conditioners in

    207 N 3rd St Unit 207B, Olean, NY 14760
  • /40

    $900

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 1,000 Sq Ft
    • Condo for Rent

    411 W Sullivan St Unit 413 W Sullivan St, Olean, NY 14760

    This property at 413 W Sullivan St features 2 bedrooms and 1 bathroom within a total living space of 1,000 square feet. The living room offers ample space for relaxation and socializing, while the bedrooms provide comfortable accommodations. The bathroom is equipped with essential fixtures for daily use. The property includes washer/dryer hookups for convenient laundry access. The exterior is

    411 W Sullivan St Unit 413 W Sullivan St, Olean, NY 14760
  • /20

    $1,175 Per Month

    • 3 Beds
    • 1 Bath
    • Condo for Rent

    212 St Unit Apartment 207 1/2; Upper, Olean, NY 14760

    212 St Unit Apartment 207 1/2; Upper, Olean, NY 14760

Frequently Asked Questions

How much does it cost to rent a condo in Olean, NY?
The median rent for a condo in Olean, NY is $925 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Olean, NY?
To comfortably afford the median rent in Olean, NY, a household needs to earn roughly $39,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $975 per month in Olean, NY, renters typically need to show $2,925 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Olean, NY?
In Olean, NY, the price-to-rent ratio is 12.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$925
Median 1 Bedroom Condo Rent
$875
Median 2 Bedroom Condo Rent
$900
Median 3 Bedroom Condo Rent
$1,175
How to Rent a Home