Apartments & Condos for Rent in Oil City, PA

Apartment for rent at 304 Central Ave, Oil City, PA 16301

Cozy 1BR Penthouse with nice side porch. Unit includes refrigerator, gas range, over the range microwave, free laundry and free high-speed Internet. Located just a few steps up from spilling the beans coffee shop, the Oil City public library and located just a few miles from Upmc Northwest Medical Center. Unit or units advertise may or may not be available, as some units may already be leased and other units may not be available until the future date. Pet Friendly, Internet, Carpet, Linoleum Vinyl, Baseboard, Refrigerator, Dryer, Microwave, Washer, Range Oven & on Site Laundry. Deposit: $699.

Apartment for rent at 101 Spring St, Oil City, PA 16301

Featured

Managed by Cory Masterson

$1,425

Apartment1 Bed1 Bath850 ft²

101 Spring St

Oil City, PA 16301

Spacious 1 Bedroom porch suite with air-conditioning, free Internet, laundry in the unit and more. The picture that has the painted floor is actually carpeted now and that is the rear of the apartment. That space could be a large storage space or office. Unit or units advertise may or may not be currently available, as some units have already been leased and other units will not be available until a future date. Pet Friendly, Carpet, Linoleum Vinyl, Wall, Refrigerator, Dryer, Washer & Range Oven. Deposit: $699.

Featured

Managed by Cory Masterson

$1,295

Apartment1 Bed1 Bath850 ft²

101 Spring St

Oil City, PA 16301

Beautiful 1BR 1Bath Suite at our Allegheny Overlook Apartments Campus. All of the amenities of home with the convenience of easy living. Central air conditioning, beautiful front porch, plenty of parking, all of the appliances, laundry in unit and free Internet make this a dream for those like to be on the go. Unit or units advertised may or may not be available. Please be sure to get prequalified First and we will touch base to let you know of our current availability. Complete the form and we will be in touch soon. Pet Friendly. Deposit: $699.

Featured

Managed by Lighthouse Apartments

$1,294

Apartment2 Beds1 Bath1,000 ft²

101 Spring St #2-A

Oil City, PA 16301

Beautiful 2BR Balcony Suite includes all appliances, in unit laundry, Ac, Free internet. Unit can be Handicap Accessible. Offstreet parking. Lawn, Balcony, Laundry Facilities, Refrigerator, Washer, Dryer & A/ C.

Managed by Key Management

$810

Apartment2 Beds1 Bath691 ft²

710 Innis St #C22

Oil City, PA 16301

We are now offering a beautiful 2 bedroom 1 bathroom loaded with a great combination of amenities. Centrally located in Oil City PA and affordably priced at just $810 per month. Experience a rewarding lifestyle that you need to see to believe. Pet Friendly, Air conditioning, Private balcony/deck, Dishwasher, Microwave, Patio, Full Size Refrigerator, Sun Deck, City View & Range Oven.

Managed by Key Management

$765

Apartment1 Bed1 Bath561 ft²

710 Innis St #E21

Oil City, PA 16301

Now offering a lovely 1Bd 1Ba property conveniently situated in Oil City. Priced to go fast at just $765/mo and packed with a great combination of rental features. Experience a fantastic lifestyle that you'll be proud of. Contact us to get more information. Pet Friendly, Air conditioning, Private balcony/deck, Dishwasher, Microwave, Patio, Full Size Refrigerator, Sun Deck, City View & Range Oven.

Viewing 1-6 of 6 rentals in Oil City

What to Know About

Life in Oil City & Beyond

Oil City shares many of the great qualities that make Pennsylvania a desirable place to live.

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Oil City, PA

As of April 2025, Oil City's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Oil City's average rent is 23.7% ($395) lower than the Pennsylvania average of $1,666 and 29.3% ($528) lower than the U.S. average of $1,799.

Average Rent

$1,271

Monthly ChangeMonth Over Month Change

0.9% ($11)

Yearly ChangeYear Over Year Change

0.4% ($5)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,261	1.8% ($22)	19.4% ($205)
2 Beds	$1,499	1.8% ($26)	19.4% ($244)
3 Beds	$1,767	1.8% ($31)	19.4% ($287)

Nearby Cities	Average Rent	Avg. Rent vs. Oil CityAverage Rent vs. Oil City	Avg. Days on MarketAverage Days on Market
Franklin	$1,254	1.3% ($17)	40 days
Clarion	$657	48.3% ($614)	39 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Oil City Rental Market FAQs

Explore rental prices, market trends, and availability in Oil City, PA.

What is the average rent in Oil City, PA?

The average rent in Oil City, PA is $1,271 per month.

What is the rental price range for apartments in Oil City, PA?

Apartments in Oil City typically rent for between $883 and $2,297 per month, with an average of $1,271 per month.

What is the average rent for different bedroom sizes in Oil City, PA?

In Oil City, the average rent for a 1-bedroom apartment is $1,261 per month, for a 2-bedroom apartment, $1,499 per month, and a 3-bedroom apartment is $1,767 per month.

How do rent prices in Oil City, PA compare with the national average?

The average rent in Oil City is 29.3% ($528) lower than the national average of $1,799 per month.

How have rent prices in Oil City, PA changed recently?

The average rent in Oil City has increased by 0.9% ($11) in the last month and increased by 0.4% ($5) over the past year.

How competitive is the rental market in Oil City, PA?

The rental market in Oil City, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Oil City, PA?

In Oil City, PA, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Oil City, PA?

There are currently 8 rental properties available in Oil City, PA.

Can I afford to rent an apartment in Oil City, PA?

Based on the current averages, a household would need an annual income of $59,960 to comfortably afford a 2-bedroom apartment in Oil City.

Apartments & Condos for Rent in Oil City, PA

Life in Oil City & Beyond

Oil City, PA

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