
Cheap Homes for Rent in Oil City, PA from $500 (32 Rentals)
Search the lowest-cost Homes available for rent right now in Oil City.


508 W 1st St, Unit 2

1/2 Baldwin St

762 Park Ave

343 Cedar Ave

39 Hickory St

203 W Front St, Unit 2nd Floor

306 Wilson Ave, Unit 2nd Floor
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.

609 Grove City Rd

14 Shettler Rd

11 Sunbury Estates

529 Federal St

304 Central Ave

266 Randolph St

509 Elm St, Unit 2, Unit 2

304 Bessemer 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.

659 Fisher Hill St

979 King St

304 Central Ave, Unit 2

422 Prospect St

38 Prospect Ave

22 Pearl Ave, Unit 2nd Floor

143 Dakota Ln

386 E Market St
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.

320 Garfield St

1950 W 1st St

1102 Pollock Ave

307 Andrew St

720 Baldwin Ave

2487 Walnut St

358 Russell St

76 2nd Ave
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.
Oil City, PA 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 | $1,134 | $750 | $2,495 |
| Oil City 3 Bedroom Homes for Rent | $1,319 | $895 | $2,995 |
| Oil City 4 Bedroom Homes for Rent | $1,861 | $995 | $2,800 |
| Oil City 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Oil City
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Oil City, PA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Eagle Park Apartments – Clarion's Premier Student & Professional Housing | Limestone | 1BR,1BA | $510 |
| Golfview Manor | 1BR/1.0BA | 1BR,1BA | $585 |
| Drake Village Apartments | 2 Bedroom | 2BR,1BA | $680 |
| Oak Hill Apartments | 1BR/1BA | 1BR,1BA | $686 |
| The Apartments at Lamberton | Liberty Vault Retail | Studio, | $700 |
| Country Place Apartments | 23484 Creek Rd | 1BR,1BA | $700 |
| Whitestone Village | 1 Bed, 1 bath | 1BR,1BA | $725 |
| Shenango Park Apartments | One Bedroom | 1BR,1BA | $846 |
| Westgate Apartments | 2 Bed | 2BR,1BA | $875 |
| Brookside Commons | 1x1 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Heights at Slippery Rock | 2 Bedroom 2.5 Bath | 2BR,2.5BA | $0.60 |
| Campus Side Apartments | 4 Bed / 1.5 Bathroom | 4BR,1.5BA | $0.29 |
| South Rock Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.57 |
| Pine Tree Village Apartments | Birch | 2BR,2BA | $1.04 |
| Westgate Apartments | 2 Bed | 2BR,1.5BA | $0.97 |
| University Village at Slippery Rock (new) | 2BR/2BA | 2BR,2BA | $0.72 |
| Lakewood Manor | 2 Bedroom - 2 Bath w/ Balcony | 2BR,1BA | $1.05 |
| Whitestone Village | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Golfview Manor | 1BR/1.0BA | 1BR,1BA | $0.91 |
| Country Place Apartments | 23484 Creek Rd | 1BR,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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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.
Best Local Schools in Oil City, PA
Oil City Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $510 to $14,000. There are also 68 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oil City ranging from $550 to $3,000.
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 $550 to $3,000 with an average monthly rent of $1,600.
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 $895 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

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.

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.

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.

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.