How much is a 2-bedroom apartment in Olean, NY?

Name: Rent by bedrooms in Olean, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

In Olean, NY, the median gross rent for a two-bedroom home is $876 (±$71) a month (2020–2024 American Community Survey, table B25031).

A one-bedroom home rents for a median of $646 (±$89).

A three-bedroom home rents for a median of $911 (±$279).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Cattaraugus County, NY is $1,014.

Figures last updated on November 12, 2026.

Studio: $442 (±$147)
1 bedroom: $646 (±$89)
2 bedrooms: $876 (±$71)
3 bedrooms: $911 (±$279)

Rent by bedroom count in Olean

Median gross rent by number of bedrooms, estimate (90% margin of error)
	Olean	Cattaraugus County	New York	United States
Studio	$442 (±$147)	$469 (±$121)	$1,508 (±$23)	$1,248
1 bedroom	$646 (±$89)	$620 (±$37)	$1,533 (±$11)	$1,235
2 bedrooms	$876 (±$71)	$816 (±$40)	$1,620 (±$10)	$1,407
3 bedrooms	$911 (±$279)	$907 (±$68)	$1,828 (±$17)	$1,584
4 bedrooms	$778 (±$91)	$888 (±$114)	$1,960 (±$45)	$1,957

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Cattaraugus County, NY
	Census median, this place	HUD Fair Market Rent
1 bedroom	$646 (±$89)	$794
2 bedrooms	$876 (±$71)	$1,014
3 bedrooms	$911 (±$279)	$1,274

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Olean

Nearest places with a published estimate, compared with Olean
Place	Distance	Median gross rent, 2 bedrooms	Compared with this place
Olean	—	$876 (±$71)	—
Village of Allegany	2.8 mi	$850 (±$439)	Not measurably different
Town of Portville	4.7 mi	$693 (±$531)	Not measurably different
Town of Allegany	5.0 mi	$904 (±$200)	Not measurably different
Village of Portville	6.0 mi	$659 (±$454)	Not measurably different
Eldred	9.2 mi	$775 (±$178)	Not measurably different
Town of Genesee	10 mi	$588 (±$383)	Not measurably different
Town of Carrollton	11 mi	$759 (±$31)	Lower
Eldred Township (McKean County)	11 mi	$698 (±$137)	Lower

Nearby places with a measurably lower figure: Town of Carrollton, NY ($759), Eldred Township (McKean County), PA ($698).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent, 2 bedrooms across Cattaraugus County, place by place

Rank	Place	Median gross rent, 2 bedrooms
1	Town of Dayton	$983 (±$238)
2	Town of East Otto	$956 (±$718)
3	Town of Allegany	$904 (±$200)
4	Town of Machias	$900 (±$87)
5	Olean	$876 (±$71)
6	Town of Yorkshire	$852 (±$73)
7	Town of Perrysburg	$845 (±$13)
8	Town of Franklinville	$815 (±$341)
9	Town of Randolph	$814 (±$752)
10	Town of Persia	$810 (±$90)
11	Town of Salamanca	$808 (±$402)

Showing 11 of 19 places in Cattaraugus County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Olean

How much is a one-bedroom apartment in Olean?

The median gross rent for a one-bedroom home in Olean, NY is $646 (±$89) a month (2020–2024 American Community Survey).

How much is a two-bedroom apartment in Olean?

The median gross rent for a two-bedroom home in Olean, NY is $876 (±$71) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Olean?

The median gross rent for a three-bedroom home in Olean, NY is $911 (±$279) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Olean city, Cattaraugus County, New York (county subdivision:54716, in state:36 county:009).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.