Cheap Apartments for Rent in Oil City, LA from $500 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Oil City.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Jefferson Apartments
Studio to 2 Bedroom Apartments

Jefferson Apartments

907 Louisiana AveShreveport, LA 71101
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-48, Page 1 of 1

Oil City, LA Local Guide

Cheapest Available Oil City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oil City, LA is a 1 Bed unit found at HIDDEN COVE in the W Outlying Caddo Parish neighborhood priced from $550. Lifestyle on Golf Links in the Westwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Oil City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HIDDEN COVE1 Bedroom, 1 Bath1BR,1BA$550
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$625
Pelican Gardens1BR/1.0BA1BR,1BA$650
United Jewelers and Lee Hardware Apartments1 Bedroom Apartments1BR,1BA$660
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$675
Riverdale1 Bedroom1BR,1BA$685
Lifestyle at Lakeshore1 Bed 1 Bath1BR,1BA$730
Lakefront Apartments1bd1BR,1BA$735
Bayou Grande1 Bed 1 Bath1BR,1BA$778
Towers at Cross LakeHarbor Villa1BR,1BA$785

Best Value Apartments for Rent in Oil City, LA and Nearby

As of April 24, 2026 the best value apartment in the Oil City area is the $0.94 price per square foot 4 Bedroom Unit Model at Willow Park Apartments in the in the Eastwood neighborhood starting from $1,050. The second greatest value Oil City apartment is the 2 Bed 2 Bath Model at Bayou Grande starting at $923 with a $0.87 price per square foot in the Queensborough neighborhood. Here is today’s list of the best values for Oil City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Willow Park Apartments4 Bedroom Unit4BR,2BA$0.94
Bayou Grande2 Bed 2 Bath2BR,2BA$0.87
Vieux Carre' Apartments3 Bedroom Unit3BR,1.5BA$0.93
Towers at Cross LakeHarbor Villa1BR,1BA$0.87
United Jewelers and Lee Hardware Apartments1 Bedroom Apartments1BR,1BA$0.74
Lifestyle at Lakeshore1 Bed 1 Bath1BR,1BA$0.97
Lakefront Apartments1bd1BR,1BA$0.98
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$0.93
Riverdale1 Bedroom1BR,1BA$0.95
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$0.95

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Oil City, LA Rentals by Map

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See the most popular apartments and homes in Oil City, LA

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Frequently Asked Questions about Cheap Oil City Apartments

What is the Cheapest Studio apartment in Oil City?

Currently the most affordable Cheap Studio Apartment in Oil City is at The View Tower listed at $823.

How much is rent for a Cheap One Bedroom Oil City Apartment?

The lowest price for a Cheap One Bedroom Oil City Apartment is $550 at HIDDEN COVE.

What is the lowest price for a Cheap Two Bedroom Oil City Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oil City is starting from $695 at HIDDEN COVE.

What is the most affordable Oil City Three Bedroom Apartment?

The best deal on a cheap Oil City Three Bedroom Apartment rental is at Lifestyle at Lakeshore and starts from $900.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.