
Cheap Homes for Rent in Oil City, PA from $675 (26 Rentals)
Search the lowest-cost Homes available for rent right now in Oil City.


151 Plum St, Unit 211

701 Central Ave, Unit 2

875 New Castle Rd

656 1/2 Baldwin St

1440 Buffalo St
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.

99 Fairmont Dr

179 N Elm St

308 Orange St

212 E Walnut St

25 Sunbury Estates

103 S 7th Ave
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.

422 Prospect St

36 Sunbury Estates

736 New Castle Ave

219 N Shenango St

1046 W 1st St, Unit Floor 2

215 Independence Ln
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.

1950 W 1st St

307 Andrew St

720 Baldwin Ave

2487 Walnut St

358 Russell St

113 Morton Ave
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.

22 Pearl Ave, Unit 1

117 W Hemlock St
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 | $1,162 | $850 | $2,490 |
| Oil City 3 Bedroom Homes for Rent | $1,297 | $900 | $1,750 |
| Oil City 4 Bedroom Homes for Rent | $1,644 | $995 | $2,000 |
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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 priced from $510. Drake Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $680. 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 | Limestone | 1BR,1BA | $510 |
| 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 |
| Brookside Commons | 1x1 | 1BR,1BA | $840 |
| Shenango Park Apartments | One Bedroom | 1BR,1BA | $846 |
| Bayit Edinboro | 1 Bedroom 1 Bathroom | 1BR,1BA | $850 |
| Lafayette Apartments | 2/1 | 2BR,1BA | $875 |
| Westgate Apartments | 2 Bed | 2BR,1BA | $875 |
| Monticello Apartments | 2 bedroom | 2BR,1BA | $875 |
Best Value Apartments for Rent in Oil City, PA and Nearby
As of September 06, 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 Birch Model at Pine Tree Village Apartments starting at $1,050 with a $1.05 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 | 4 Bedroom 4.5 Bath | 4BR,4.5BA | $0.36 |
| Pine Tree Village Apartments | Birch | 2BR,2BA | $1.05 |
| Campus Side Apartments | House 191 #2 | 3BR,2BA | $0.55 |
| Lafayette Apartments | 2/1 | 2BR,1BA | $0.88 |
| Monticello Apartments | 2 bedroom | 2BR,1BA | $0.88 |
| The Grove at Slippery Rock | 2BR/2BA | 2BR,2BA | $0.80 |
| Westgate Apartments | 2 Bed | 2BR,1.5BA | $0.97 |
| University Village at Slippery Rock (new) | 2BR/2BA | 2BR,2BA | $0.72 |
| Bayit Edinboro | Stirling 2 Bedroom 1 Bathroom | 2BR,1BA | $1.19 |
| Lakewood Manor | 2 Bedroom - 2 Bath w/ Balcony | 2BR,1BA | $1.05 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 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!
Explore Oil City, PA Rentals by Map
See the most popular apartments and homes in Oil City, PA
Frequently Asked Questions about Oil City
What type of rentals are currently available in Oil City?
There are currently 66 Apartments for Rent in Oil City, PA with pricing that ranges from $510 to $2,332. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oil City ranging from $675 to $2,490.
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 $675 to $2,490 with an average monthly rent of $1,176.
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 $725 to $2,332, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,750. 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

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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.