Cheap Homes for Rent in Oil City, PA from $500 (10 Rentals)

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property at 301 Grand Ave

301 Grand Ave

ClarionPA16214

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.

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.

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 $550. 10891 Perry Hwy has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Oil City apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Eagle Park ApartmentsSmall Studio w/AC1BR,1BA$550
10891 Perry HwyStudio - 1 BathStudio,1BA$550
Drake Village Apartments2 Bedroom2BR,1BA$680

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

As of May 26, 2025 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 526 Model at Shannon Mills starting at $1,785 with a $1.32 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
Shannon Mills5262BR,2BA$1.32
University Village at Slippery Rock4x44BR,4BA$0.51
Golfview Manor2 Bedroom Townhouse2BR,1.5BA$0.81
Monticello Apartments2 bedroom2BR,1.5BA$0.86
The Grove at Slippery Rock2BR/2BA2BR,2BA$0.79
Lafayette Apartments2/12BR,1BA$0.89
Meadow BrookThe Gem2BR,2BA$1.33
Westgate Apartments2 Bed2BR,1.5BA$0.92
Campus Side Apartments2 Bed / 1 Bath2BR,1BA$0.77

Quick Rent Budget Calculator

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Frequently Asked Questions about Oil City

What type of rentals are currently available in Oil City?

There are currently 65 Apartments for Rent in Oil City, PA with pricing that ranges from $550 to $2,162. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oil City ranging from $530 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 $530 to $2,995 with an average monthly rent of $1,535.

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 $705 to $2,162, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $600.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.