Oley, also called Friedensburg, is a census-designated place (CDP) that is located on Routes 73 and 662 in northern Oley Township, Berks County, United States.

[6] The community took its name from Oley Township.

[7] The entire township is listed on the National Register of Historic Places.

The Little Manatawny Creek flows southeastward through Oley into the Manatawny Creek, a tributary of the Schuylkill River.

The Berks Career and Technology Center has a campus in Oley that serves eastern Berks County.