YieldBadger

Rent in Oil City, LA

A 2-bedroom in Oil City, LA (ZIP 71061) typically rents for about $273 a month, with a range of $273–$1,045. Owner-occupied homes in Caddo Parish pay about 0.62% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.

Rent by bedrooms

Typical monthly rent in Oil City, LA by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$832$8321
1 bed$396$396–$9261
2 beds$273$273–$1,0451
3 beds$1,027$1,027–$1,3801
4 beds$1,044$1,044–$1,4501

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Oil City ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Oil City, LA?
About $273 a month: the median of the typical rents in 1 ZIP code, which range from $273–$1,045. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Oil City, LA?
About $396 a month: the median of the typical rents in 1 ZIP code, which range from $396–$926. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Oil City, LA?
About $1,027 a month: the median of the typical rents in 1 ZIP code, which range from $1,027–$1,380. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Oil City, LA?
About $832 a month: the median of the typical rents in 1 ZIP code, which range from $832. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Oil City, LA?
About $1,044 a month: the median of the typical rents in 1 ZIP code, which range from $1,044–$1,450. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Oil City, LA?
Owner-occupied homes in Caddo Parish pay a typical 0.62% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Oil City rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).