Cheap Apartments for Rent in Oil City, LA from $500 (38 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

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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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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Showing Results 1-38, 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
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
Towers at Cross LakeCove Cottage1BR,1BA$725
Lifestyle at Lakeshore1 Bed 1 Bath1BR,1BA$730
Lakefront Apartments1bd1BR,1BA$735
Ashton PinesAspen1BR,1BA$780

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

As of June 09, 2026 the best value apartment in the Oil City area is the $0.92 price per square foot Townhouse- Lake View Model at Cross Lake Apartments in the in the Mooretown and Hollywood Heights neighborhood starting from $1,040. The second greatest value Oil City apartment is the 4 Bedroom Unit Model at Willow Park Apartments starting at $1,075 with a $0.96 price per square foot in the Eastwood 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- Lake View2BR,2.5BA$0.92
Willow Park Apartments4 Bedroom Unit4BR,2BA$0.96
Riverdale2BR/2BA2BR,2BA$0.81
Bayou Grande1 Bed 1 Bath1BR,1BA$0.95
United Jewelers and Lee Hardware Apartments1 Bedroom Apartments1BR,1BA$0.74
Towers at Cross LakeCove Cottage1BR,1BA$0.91
Lifestyle at Lakeshore1 Bed 1 Bath1BR,1BA$0.97
Lakefront Apartments1bd1BR,1BA$0.98
Villa Del Lago Apartments1BR/1.0BA1BR,1BA$0.93
Lifestyle on Golf Links1 Bed 1 Bath1BR,1BA$0.95

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 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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.