Rentometer, Inc. | Data as of 10/23/2025
Oil City’s metro rental market offers a blend of historic charm and modern convenience, attracting professionals, families, and students alike. Nestled along the Allegheny River, the city features revitalized riverfront parks, the vibrant downtown district with boutique shops and cafés, and easy access to cultural attractions such as the Oil Creek State Park and the historic Oil City Museum. These amenities create a desirable living environment that supports a diverse range of housing preferences.
Housing options in Oil City include contemporary apartment communities as well as traditional single‑family homes, reflecting the area’s rich industrial heritage and evolving lifestyle needs. Prospective renters can find well‑maintained one‑bedroom apartments generally priced in the $600‑$700 range, while two‑bedroom units commonly fall within the $900‑$1,000 range. This affordability, combined with proximity to major employers, educational institutions, and public transportation, makes the market especially appealing for those seeking convenient yet budget‑friendly urban living.
Neighborhoods such as West Side and Downtown Oil City are known for their walkable streets, easy access to recreational trails, and a strong sense of community. Residents often enjoy nearby dining options, local events, and the scenic beauty of the surrounding hills and waterways. Whether you’re looking for a lively apartment close to downtown amenities or a quieter home near the riverfront, Oil City’s rental market provides a welcoming atmosphere and competitive pricing that cater to a broad spectrum of renters.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $662 | $680 | $530 - $750 | $600 - $732 |
| Apartment | 2 Bedroom | $976 | $1,000 | $862 - $1,068 | $862 - $1,068 |
In the current period, the average rent in Oil City, PA was
$662 for 1 Bedroom, and
$977 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.