Rental numbers for the Oil City, PA metro
The typical home here runs -$286 a month at 7.78% with 25% down, breaking even at about 3.1%. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 8.5%.
- Gross yield
- 8.2%
- typical home, Zillow
- Median ZIP yield
- 8.5%
- 1 ZIPs with full data
- Cash flow
- -$286/mo
- at 7.78%, 25% down
- Typical price
- $131,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $892/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
14 with published figures
| 16301Oil City | $91,000 | $1,000* | 13.2% | 7.4% | +$68 | n/a |
| 16343Reno | $93,000 | $1,000* | 12.9% | 7.5% | +$83 | n/a |
| 16317Cooperstown | $156,000 | $1,450* | 11.2% | 6.6% | +$21 | n/a |
| 16372Clintonville | $106,000 | $970* | 11.0% | 5.8% | -$56 | n/a |
| 16323Franklin | $130,000 | $925 | 8.5% | 4.2% | -$251 | n/a |
| 16341Pleasantville | $138,000 | $970* | 8.5% | 4.0% | -$279 | n/a |
| 16342Polk | $150,000 | $970* | 7.8% | 3.4% | -$384 | n/a |
| 16374Kennerdell | $152,000 | $970* | 7.6% | 3.6% | -$368 | n/a |
| 16373Emlenton | $153,000 | $970* | 7.6% | 3.6% | -$366 | n/a |
| 16038Harrisville | $194,000 | $1,200* | 7.4% | 3.8% | -$438 | n/a |
| 16362Utica | $173,000 | $970* | 6.7% | 2.9% | -$511 | n/a |
| 16346Seneca | $177,000 | $970* | 6.6% | 2.8% | -$536 | n/a |
| 16364Venus | $201,000 | $1,080* | 6.4% | 3.0% | -$575 | n/a |
| 16319Cranberry | $185,000 | $970* | 6.3% | 2.6% | -$600 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +0.3%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 1.17%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $115,201 | n/a |
| Aug 2022 | $126,950 | n/a |
| Aug 2023 | $123,554 | n/a |
| Aug 2024 | $130,554 | n/a |
| Aug 2025 | $130,866 | n/a |
| Aug 2026 | $131,271 | $892 |
Counties
- Venango County, PA8.5% median yield
Tools
Questions
- Is the Oil City, PA metro good for rental property?
- The typical home here runs -$286 a month at 7.78% with 25% down, breaking even at about 3.1%. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 8.5%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Oil City, PA metro have the highest rental yield?
- 16323 (Franklin) at 8.5%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.