Cheap Apartments for Rent in Oil City, LA from $500 (23 Rentals)

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

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Jefferson Apartments
1 Bedroom Apartments

Jefferson Apartments

907 Louisiana AveShreveport, LA 71101
  • Utilities Included

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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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 $595. 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$595
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$625
United Jewelers and Lee Hardware Apartments1 Bedroom Apartments1BR,1BA$660
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$675
Riverdale1 Bedroom1BR,1BA$685

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

As of August 05, 2025 the best value apartment in the Oil City area is the $1.07 price per square foot B2 Model at Greenacres Village in the in the Eastwood neighborhood starting from $1,045. The second greatest value Oil City apartment is the 2bd Model at Lakefront Apartments starting at $760 with a $0.79 price per square foot in the North Shreveport 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.
Greenacres VillageB22BR,1BA$1.07
Lakefront Apartments2bd2BR,1.5BA$0.79
United Jewelers and Lee Hardware Apartments1 Bedroom Apartments1BR,1BA$0.74
Grand OaksB1 DPLX2BR,1BA$1.05
Towers at Cross LakeCove Cottage1BR,1BA$0.91
Lifestyle on Lakeshore1 Bed 1 Bath1BR,1BA$0.93
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$0.93
Riverdale1 Bedroom1BR,1BA$0.95
Westwood Village ApartmentsHemlock1BR,1BA$1.05
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$0.95

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

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Getting Around Oil City, LA

Walk Score®

13 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

34 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $797.

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

The lowest price for a Cheap One Bedroom Oil City Apartment is $595 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 on Lakeshore and starts from $850.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.