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Rental Market Trends in Erie, CO

What is the average rent in Erie, CO?

$1,947/month

Average Rent

751 Sq Ft

Average Apartment Size

-0.1%

Decrease in the Last Year

As of June 2025, the average rent in Erie, CO is $1,947 per month. This is 20% higher than the national average rent price of $1,627/month, making Erie one of the most expensive cities in the US. When you rent an apartment in Erie, you can expect to pay about $1,734 per month for a studio, $1,947 for a one-bedroom apartment, and around $2,590 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,837 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,734/month
591 Sq Ft
One Bedroom
$1,947/month
751 Sq Ft
Two Bedroom
$2,590/month
1,158 Sq Ft
Three Bedroom
$2,837/month
1,462 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,000/month
1,063 Sq Ft
Four Bedroom
$3,827/month
2,658 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Erie, CO?

In the past year, rent has decreased by 0.1%, which averages out to $2 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Erie, CO
Last Updated June 2025
Above $2,000
Most rental prices fall within this range
Rent Ranges in Erie, CO
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Erie?

Based on current rent prices, Colliers Hill is the most affordable neighborhood in Erie.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Colliers Hill
$1,882/month
723 Sq Ft

What are the most expensive neighborhoods in Erie?

Based on current rent prices, Colliers Hill is the most expensive neighborhood in Erie.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Colliers Hill
$1,882/month
723 Sq Ft

Which Erie neighborhoods have the most rentals available?

The neighborhood in Erie with the most apartments available is Colliers Hill .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Colliers Hill
$1,882/month
723 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Erie, CO?

Because the average rent in Erie is $1,947, you’ll want to make about $6,490 per month or $77,880 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Erie, CO

375 Available Apartments for Rent

Search for Nearby Apartments

How does Erie, CO compare to other nearby cities and neighborhoods?

Use the tool below to compare Erie, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Erie, CO

Apartment Averages

Colliers Hill

Erie, CO

Colliers Hill

Erie, CO

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • Broomfield Average Rent
  • Louisville Average Rent
  • Northglenn Average Rent
  • Firestone Average Rent

Apartment communities in Erie we think you'll love

Inkwell at Baseline

Inkwell at Baseline

1752 W 167th Ave,
Broomfield, CO 80023

1-3 Beds | $1,719 - $3,524

Brownstones at Palisade Park

Brownstones at Palisade Park

16893 Palisade Loop,
Broomfield, CO 80023

1-3 Beds | $1,495 - $3,145

Aura Colliers Hill

Aura Colliers Hill

1300 Colliers Parkway,
Erie, CO 80516

Studio - 3 Beds | $1,675 - $3,185

Park40

Park40

16785 Sheridan Pky,
Broomfield, CO 80023

Studio - 3 Beds | $1,614 - $2,999

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United States Colorado Erie Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity