Cheap Homes for Rent in Oil City, PA from $700 (30 Rentals)

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

property at 116 W 2nd St

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Now

116 W 2nd St

Oil CityPA16301

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.

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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.

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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.

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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

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.

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Showing Results 1-30, Page 1 of 1

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. 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 Apartments – Clarion's Premier Student & Professional HousingLimestone - Small Studio Twr 2, refrigerator, s...1BR,1BA$510
10891 Perry HwyStudio - 1 BathStudio,1BA$550
Golfview Manor1BR/1.0BA1BR,1BA$570
Drake Village Apartments2 Bedroom2BR,1BA$680
Oak Hill Apartments1BR/1BA1BR,1BA$686
The Apartments at LambertonLiberty Vault RetailStudio,$700
Whitestone Village1 Bed, 1 bath1BR,1BA$725
Little Acres Apartments & Townhomes1 Br Garden- Bancon1BR,1BA$740
Brookside Commons1x11BR,1BA$840
Shenango Park ApartmentsOne Bedroom1BR,1BA$846

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

As of March 09, 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 $375 with a $0.33 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 Rock2 Bedroom 2.5 Bath2BR,2.5BA$0.60
Campus Side Apartments4 Bed / 1.5 Bathroom4BR,1.5BA$0.33
Lafayette Apartments2/12BR,1BA$0.89
Westgate Apartments2 Bed2BR,1.5BA$0.97
University Village at Slippery Rock (new)2BR/2BA2BR,2BA$0.72
Bayit Edinboro2 Bedroom 1 Bathroom2BR,1BA$1.00
Lakewood Manor2 Bedroom - 2 Bath w/ Balcony2BR,1BA$1.05
Brookside Commons1x11BR,1BA$1.24
Whitestone Village1 Bed, 1 bath1BR,1BA$1.12
Golfview Manor1BR/1.0BA1BR,1BA$0.89

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.

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The 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.

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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.

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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.

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Best Local Schools in
Oil City, PA

School data provided by Great Schools

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

Explore Oil City, PA Rentals by Map

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Frequently Asked Questions about Oil City

What type of rentals are currently available in Oil City?

There are currently 63 Apartments for Rent in Oil City, PA with pricing that ranges from $510 to $2,292. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oil City ranging from $700 to $2,867.

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 $700 to $2,867 with an average monthly rent of $1,542.

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 $746 to $2,292, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $1,295. 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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.