Cheap Homes for Rent in Oil City, PA from $600 (28 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.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 343 Cedar Ave

$750 - $895

1 To 2 Bedroom Rentals

Available Now

343 Cedar Ave

SharonPA16146

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.

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 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

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.

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.

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 $650. 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$650
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
Bayit Edinboro1 Bedroom 1 Bathroom1BR,1BA$800
Shenango Park ApartmentsOne Bedroom1BR,1BA$846
Brookside Commons1x11BR,1BA$855
Lafayette Apartments2/12BR,1BA$875

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

As of June 08, 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 starting from $645. 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 Rock4 Bedroom 4.5 Bath4BR,4.5BA$0.36
Campus Side Apartments4 Bed / 1.5 Bathroom4BR,1.5BA$0.29
South Rock Apartments2 Beds, 2 baths2BR,2BA$0.57
Lafayette Apartments2/12BR,1BA$0.88
Monticello Apartments2 bedroom2BR,1BA$0.88
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$1.02
Country Place Apartments23484 Creek Rd1BR,1BA$1.17

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 Oil City

What type of rentals are currently available in Oil City?

There are currently 64 Apartments for Rent in Oil City, PA with pricing that ranges from $510 to $2,292. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oil City ranging from $680 to $2,995.

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 $680 to $2,995 with an average monthly rent of $1,531.

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 $732 to $2,292, while Three Bedroom Homes, Condos, and Townhomes for rent range from $899 to $2,995. Four Bedroom Single-Family rentals are also available starting from $995 and Four Bedroom Apartments start at $550.

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

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.