
Cheap Homes for Rent near Oil City, LA from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Oil City.


3612 Michigan Blvd

3553 W College St

649 Merrick St

3420 Darien St

3407 Lillian St

509 Alabama Ave SE
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.

557 Merrick St

111 Freestate Blvd

4122 Cherokee St

1612 Hill St

3323 Darien St

218-228 N Market St

3940 Wallace Ave
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.
Oil City, LA Local Guide

How much does it cost to rent a home in Oil City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oil City 2 Bedroom Homes for Rent | $920 | $590 | $1,900 |
| Oil City 3 Bedroom Homes for Rent | $1,867 | $925 | $2,600 |
| Oil City 4 Bedroom Homes for Rent | $2,155 | $1,200 | $2,700 |
| Oil City 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Oil City
Explore Oil City
Oil City, LA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| HIDDEN COVE | 1 Bedroom, 1 Bath | 1BR,1BA | $550 |
| Lifestyle on Golf Links | 1 Bed 1 Bath | 1BR,1BA | $625 |
| Pelican Gardens | 1BR/1.0BA | 1BR,1BA | $650 |
| United Jewelers and Lee Hardware Apartments | 1 Bedroom Apartments | 1BR,1BA | $660 |
| Riverdale | 1 Bedroom | 1BR,1BA | $685 |
Best Value Apartments for Rent in Oil City, LA and Nearby
As of July 11, 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 Penthouse - Pond View Model at Cross Lake Apartments starting at $1,061 with a $1.01 price per square foot in the Mooretown and Hollywood Heights neighborhood. Here is today’s list of the best values for Oil City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Towers at Cross Lake | Pointe Manor | 2BR,2BA | $0.72 |
| Cross Lake Apartments | Penthouse - Pond View | 2BR,2BA | $1.01 |
| Bayou Grande | 1 Bed 1 Bath | 1BR,1BA | $0.95 |
| United Jewelers and Lee Hardware Apartments | 1 Bedroom Apartments | 1BR,1BA | $0.74 |
| Lifestyle at Lakeshore | 2 Bed 1 Bath | 2BR,1BA | $0.95 |
| Lakefront Apartments | 1bd | 1BR,1BA | $0.98 |
| Riverdale | 1 Bedroom | 1BR,1BA | $0.95 |
| Villa Del Lago Apartments | 1BR/1.0BA | 1BR,1BA | $1.03 |
| Lifestyle on Golf Links | 1 Bed 1 Bath | 1BR,1BA | $0.95 |
| HIDDEN COVE | 1 Bedroom, 1 Bath | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Oil City, LA Rentals by Map
See the most popular apartments and homes in Oil City, LA
Frequently Asked Questions about Oil City
What type of rentals are currently available in Oil City?
There are currently 38 Apartments for Rent in Oil City, LA with pricing that ranges from $550 to $2,077. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oil City ranging from $500 to $3,500.
What is the current price range for Rental Homes in Oil City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oil City ranges from $500 to $3,500 with an average monthly rent of $1,824.
How much are larger Three and Four Bedroom Rentals in Oil City?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oil City range from $900 to $2,077, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $1,054.
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

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.

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.

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.

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.