Cheap Apartments for Rent in Oil City, PA from $500 (63 Rentals)

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

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Crestview
1 to 2 Bedroom Apartments

Crestview

712 Innis StOil City, PA 16301
  • Utilities Included
property at 1950 W 1st St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

4 Bedroom, 2 Bath Home for Rent

Available Now

1950 W 1st St

Oil CityPA16301

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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property at 762 Park Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Now

762 Park Ave

MeadvillePA16335
property at 14 Shettler Rd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Now

14 Shettler Rd

KnoxPA16232

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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property at 266 Randolph St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

266 Randolph St

MeadvillePA16335
property at 509 Elm St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

509 Elm St, Unit 2, Unit 2

509 Elm St
Slippery RockPA16057

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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property at 320 Garfield St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975
Total Monthly Price
$975

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

320 Garfield St

KittanningPA16201
property at 1102 Pollock Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995
Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Now

1102 Pollock Ave

New CastlePA16101
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Tionesta Manor
1 to 2 Bedroom Apartments

Tionesta Manor

101 Bridge StTionesta, PA 16353
  • Utilities Included
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Regency Commons
1 to 2 Bedroom Apartments

Regency Commons

157 S 5th AveClarion, PA 16214
Senior Living
  • Utilities Included
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Lafayette Apartments
1 to 2 Bedroom Apartments

Lafayette Apartments

99 Todd AveHermitage, PA 16148
  • Utilities Included

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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250 Locust St
1 Bedroom Apartments

250 Locust St

250 Locust StMeadville, PA 16335
property at 343 Cedar Ave

$750 - $895

1 To 2 Bedroom Rentals

Available Now

343 Cedar Ave

SharonPA16146
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Monticello Apartments
1 to 2 Bedroom Apartments

Monticello Apartments

4415 Clifford DrHermitage, PA 16148
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Oil City, PA Local Guide

Cheapest Available Oil City Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oil City, PA is a 1 Bed unit found at Eagle Park Apartments – Clarion's Premier Student & Professional Housing priced from $510. Golfview Manor has the second lowest priced unit, which is a 1 Bed apartment currently listed from $585. Here is today’s list of the most affordable Oil City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Park Apartments – Clarion's Premier Student & Professional HousingLimestone1BR,1BA$510
Golfview Manor1BR/1.0BA1BR,1BA$585
Drake Village Apartments2 Bedroom2BR,1BA$680
Oak Hill Apartments1BR/1BA1BR,1BA$686
The Apartments at LambertonLiberty Vault RetailStudio,$700
Country Place Apartments23484 Creek Rd1BR,1BA$700
Whitestone Village1 Bed, 1 bath1BR,1BA$725
Shenango Park ApartmentsOne Bedroom1BR,1BA$846
Westgate Apartments2 Bed2BR,1BA$875
Brookside Commons1x11BR,1BA$895

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

As of April 23, 2026 the best value apartment in the Oil City area is the $0.60 price per square foot 2 Bedroom 2.5 Bath Model at The Heights at Slippery Rock in the starting from $725. The second greatest value Oil City apartment is the 4 Bed / 1.5 Bathroom Model at Campus Side Apartments starting at $325 with a $0.29 price per square foot . 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.
The Heights at Slippery Rock2 Bedroom 2.5 Bath2BR,2.5BA$0.60
Campus Side Apartments4 Bed / 1.5 Bathroom4BR,1.5BA$0.29
South Rock Apartments2 Beds, 2 baths2BR,2BA$0.57
Pine Tree Village ApartmentsBirch2BR,2BA$1.04
Westgate Apartments2 Bed2BR,1.5BA$0.97
University Village at Slippery Rock (new)2BR/2BA2BR,2BA$0.72
Lakewood Manor2 Bedroom - 2 Bath w/ Balcony2BR,1BA$1.05
Whitestone Village1 Bed, 1 bath1BR,1BA$1.12
Golfview Manor1BR/1.0BA1BR,1BA$0.91
Country Place Apartments23484 Creek Rd1BR,1BA$1.17

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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Oil City, PA

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Frequently Asked Questions about Cheap Oil City Apartments

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

The lowest price for a Cheap One Bedroom Oil City Apartment is $510 at Eagle Park Apartments – Clarion's Premier Student & Professional Housing.

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 $680 at Drake Village Apartments.

What is the most affordable Oil City Three Bedroom Apartment?

The best deal on a cheap Oil City Three Bedroom Apartment rental is at Oak Hill Apartments and starts from $1,060.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.