Most Affordable ZIP Codes in Olean, NY (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 14779 Salamanca, NY $113,601 $882 6.06% 8.0%
2 14753 Limestone, NY $117,455 $873 5.80% 6.6%
3 14760 Olean, NY $124,766 $825 5.16% 7.1%
4 14726 Conewango Valley, NY $149,003 $1,161 6.08% 6.0%
5 14770 Portville, NY $152,097 $873 4.48% 7.8%
6 14727 Cuba, NY $156,206 $954 4.76% 6.0%
7 14743 Hinsdale, NY $156,611 $981 4.89% 7.3%
8 14748 Kill Buck, NY $156,949 $873 4.34% 8.0%
9 14060 Farmersville Station, NY $159,844 $918 4.48% 5.3%
10 14737 Franklinville, NY $160,473 $900 4.37% 7.2%
11 14070 Gowanda, NY $165,991 $882 4.14% 7.4%
12 14772 Randolph, NY $166,615 $873 4.09% 6.5%
13 14719 Cattaraugus, NY $170,889 $873 3.98% 7.8%
14 14755 Little Valley, NY $176,684 $873 3.85% 7.4%
15 14738 Frewsburg, NY $180,688 $963 4.16% 6.7%
16 14129 Perrysburg, NY $198,926 $954 3.74% 6.5%
17 14065 Freedom, NY $202,418 $909 3.50% 7.0%
18 14042 Delevan, NY $202,699 $936 3.60% 6.7%
19 14706 Allegany, NY $206,969 $936 3.53% 7.0%
20 14101 Machias, NY $211,244 $1,053 3.89% 7.4%
21 14009 Arcade, NY $222,968 $981 3.43% 4.7%
22 14171 West Valley, NY $228,570 $873 2.98% 6.4%
23 14729 East Otto, NY $231,872 $873 2.94% 7.0%
24 14741 Great Valley, NY $239,188 $900 2.93% 6.9%
25 14731 Ellicottville, NY $395,316 $900 1.78% 8.5%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Olean, NY  ·  Appreciation in Olean, NY

Or see the full Olean, NY metro profile.