Cheap Apartments for Rent near Oil City, LA from $550 (43 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

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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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Vieux Carre' Apartments
1 to 3 Bedroom Apartments

Vieux Carre' Apartments

3210 Cloverdale PlBossier City, LA 71111
  • Utilities Included

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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Willow Park
1 to 4 Bedroom Apartments

Willow Park

3120 Shed RdBossier City, LA 71111
Showing Results 1-43, 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. Pelican Gardens in the Freestate North Highlands neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. 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
Pelican Gardens1BR/1.0BA1BR,1BA$650
United Jewelers and Lee Hardware Apartments1 Bedroom Apartments1BR,1BA$660
Lakefront Apartments1bd1BR,1BA$695
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$700
Towers at Cross LakeHarbor Villa1BR,1BA$785
Country Crossing ApartmentsOakwood1BR,1BA$785
Ashton PinesAspen1BR,1BA$816
Summer Pointe ApartmentsSunfish1BR,1BA$816
Windsor HousingOne Bed One Bath1BR,1BA$817

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

As of September 07, 2026 the best value apartment in the Oil City area is the $0.91 price per square foot Townhouse - Pond View Model at Cross Lake Apartments in the in the Mooretown and Hollywood Heights neighborhood starting from $1,025. The second greatest value Oil City apartment is the 2 Bed 2 Bath Model at Bayou Grande starting at $1,088 with a $1.03 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.
Cross Lake ApartmentsTownhouse - Pond View2BR,2.5BA$0.91
Bayou Grande2 Bed 2 Bath2BR,2BA$1.03
Riverdale2BR/2BA2BR,2BA$0.81
Nantucket HarborHampton2BR,2BA$1.03
Towers at Cross LakeHarbor Villa1BR,1BA$0.87
United Jewelers and Lee Hardware Apartments1 Bedroom Apartments1BR,1BA$0.74
Lakefront Apartments1bd1BR,1BA$0.93
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$1.03
Ashton PinesAspen1BR,1BA$1.25
HIDDEN COVE1 Bedroom, 1 Bath1BR,1BA$1.04

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 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 Lakefront Apartments and starts from $1,020.

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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.