Cheap Apartments for Rent near Oil City, LA from $300 (45 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Jefferson Apartments
Studio to 2 Bedroom Apartments

Jefferson Apartments

907 Louisiana AveShreveport, LA 71101
  • Utilities Included

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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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 Studio unit found at Siegel Select Bossier City in the Eastwood neighborhood priced from $290. HIDDEN COVE in the W Outlying Caddo Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $550. Here is today’s list of the most affordable Oil City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Siegel Select Bossier CityStudio SuiteStudio,1BA$290
HIDDEN COVE1 Bedroom, 1 Bath1BR,1BA$550
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
Windsor HousingOne Bed One Bath1BR,1BA$702
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$730
Lakefront Apartments1bd1BR,1BA$735
Country Crossing ApartmentsOakwood1BR,1BA$785

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

As of July 24, 2026 the best value apartment in the Oil City area is the $0.72 price per square foot Pointe Manor Model at Towers at Cross Lake in the in the Mooretown and Hollywood Heights neighborhood starting from $950. The second greatest value Oil City apartment is the 3 Bed 2 Bath Model at Lifestyle at Lakeshore starting at $900 with a $0.72 price per square foot in the Westwood 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.
Towers at Cross LakePointe Manor2BR,2BA$0.72
Lifestyle at Lakeshore3 Bed 2 Bath3BR,2BA$0.72
Westwood Village ApartmentsSequoia2BR,2BA$0.88
Cross Lake ApartmentsTownhouse - Pond View2BR,2.5BA$0.91
Bayou Grande1 Bed 1 Bath1BR,1BA$0.95
United Jewelers and Lee Hardware Apartments1 Bedroom Apartments1BR,1BA$0.74
Lakefront Apartments1bd1BR,1BA$0.98
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$0.93
Riverdale1 Bedroom1BR,1BA$0.95
Siegel Select Bossier CityStudio DeluxeStudio ,1BA$1.00

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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!

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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 Siegel Select Bossier City listed at $290.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.