Renting in Olean: a two-bedroom costs about $900
Olean is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Why Olean isn’t graded
The grade needs at least two of four Census figures: home value, rent, property tax and the share of households paying 30% or more for housing. Here none is available.
A two-bedroom rents for about $900
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Moniteau County, MO HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Olean and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Olean | – | $255K | — | — | $900 |
“—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Olean
How much is rent in Olean?
HUD puts a two-bedroom at about $900 a month with utilities, the going rate for someone moving in.
Why doesn’t Olean have a cost of living grade?
Olean is too small for a cost of living grade (TownRatings grades places of 1,000 or more).
Neighbors talk housing
What Olean buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.