Cheap Apartments for Rent in Oil City, PA from $400 (68 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 308 Orange St

$775 - $915

1 To 2 Bedroom Homes for Rent

Available Now

308 Orange St

Oil CityPA16301
close
View Me
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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

close
View Me
Tionesta Manor
1 to 2 Bedroom Apartments

Tionesta Manor

101 Bridge StTionesta, PA 16353
  • Utilities Included
close
View Me
Lightner Greene
1 to 2 Bedroom Apartments

Lightner Greene

1465 Lightner PlNew Castle, PA 16105
Senior Living
  • Utilities Included
close
View Me
Regency Commons
1 to 2 Bedroom Apartments

Regency Commons

157 S 5th AveClarion, PA 16214
Senior Living
  • 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.

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, 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 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 ApartmentsLimestone1BR,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
100 Whitestown Village1 Bedroom1BR,1BA$725
Brookside Commons1x11BR,1BA$830
Shenango Park ApartmentsOne Bedroom1BR,1BA$846
Westgate Apartments2 Bed2BR,1BA$875
Lafayette Apartments2/12BR,1BA$875

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

As of July 23, 2026 the best value apartment in the Oil City area is the $0.36 price per square foot 4 Bedroom 4.5 Bath Model at The Heights at Slippery Rock in the in the Butler County neighborhood starting from $645. The second greatest value Oil City apartment is the 4 Beds, 2 baths Model at South Rock Apartments starting at $450 with a $0.38 price per square foot in the Butler County 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.
The Heights at Slippery Rock4 Bedroom 4.5 Bath4BR,4.5BA$0.36
South Rock Apartments4 Beds, 2 baths4BR,2BA$0.38
Campus Side Apartments4 Bed / 1.5 Bathroom4BR,1.5BA$0.29
Lafayette Apartments2/12BR,1BA$0.88
Monticello Apartments2 bedroom2BR,1BA$0.88
Bayit Edinboro3 Bedroom Apartment (Classic)3BR,1BA$1.06
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
Golfview Manor1BR/1.0BA1BR,1BA$0.91

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 Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Oil City, PA Rentals by Map

View Map
Oil City, PA Apartments Map
View Map
Oil City, PA Rental Homes Map

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.

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 Bayit Edinboro and starts from $950.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.