Rent in Olean, NY
A 2-bedroom in Olean, NY (ZIP 14760) typically rents for about $875 a month, with a range of $875–$1,014. Owner-occupied homes in Cattaraugus County pay about 2.64% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $451 | $451–$742 | 1 |
| 1 bed | $642 | $642–$794 | 1 |
| 2 beds | $875 | $875–$1,014 | 1 |
| 3 beds | $881 | $881–$1,274 | 1 |
| 4 beds | $797 | $797–$1,438 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Olean ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Olean, NY?
- About $875 a month: the median of the typical rents in 1 ZIP code, which range from $875–$1,014. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Olean, NY?
- About $642 a month: the median of the typical rents in 1 ZIP code, which range from $642–$794. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Olean, NY?
- About $881 a month: the median of the typical rents in 1 ZIP code, which range from $881–$1,274. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Olean, NY?
- About $451 a month: the median of the typical rents in 1 ZIP code, which range from $451–$742. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Olean, NY?
- About $797 a month: the median of the typical rents in 1 ZIP code, which range from $797–$1,438. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Olean, NY?
- Owner-occupied homes in Cattaraugus County pay a typical 2.64% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Olean rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).