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Rental Market Trends in Erie, PA

What is the average rent in Erie, PA?

$942/month

Average Rent

664 Sq Ft

Average Apartment Size

+1.3%

Increase in the Last Year

As of January 2026, the average rent in Erie, PA is $942 per month. This is 42% lower than the national average rent of $1,625/month, making renting in Erie more affordable than most cities in the US. When you rent an apartment in Erie, you can expect to pay about $839 per month for a studio, $942 for a one-bedroom apartment, and around $1,408 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,664 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$839/month
344 Sq Ft
One Bedroom
$942/month
664 Sq Ft
Two Bedroom
$1,408/month
1,038 Sq Ft
Three Bedroom
$1,664/month
1,390 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$858/month
261 Sq Ft
Two Bedroom
$1,153/month
607 Sq Ft
Three Bedroom
$1,384/month
1,117 Sq Ft
Four Bedroom
$1,749/month
1,080 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,085/month
938 Sq Ft

How much has average rent changed in Erie, PA?

In the past year, rent has increased by 1.3%, which averages out to $12 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Erie, PA
Last Updated January 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Erie, PA
Percentage*
Rent Range
19% Below $700/month
34% $700 - $1,000/month
36% $1,001 - $1,500/month
9% $1,501 - $2,000/month
2% 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, Downtown Erie, Mid City Erie and East Erie are the most affordable neighborhoods in Erie.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Erie
$1,018/month
605 Sq Ft
Mid City Erie
$1,021/month
586 Sq Ft
East Erie
$1,157/month
610 Sq Ft
Renaissance District
$1,234/month
534 Sq Ft
St Mary
$1,254/month
576 Sq Ft

What are the most expensive neighborhoods in Erie?

Based on current rent prices, St Mary, Renaissance District and East Erie are the most expensive neighborhoods in Erie.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
St Mary
$1,254/month
576 Sq Ft
Renaissance District
$1,234/month
534 Sq Ft
East Erie
$1,157/month
610 Sq Ft
Mid City Erie
$1,021/month
586 Sq Ft
Downtown Erie
$1,018/month
605 Sq Ft

Which Erie neighborhoods have the most rentals available?

The neighborhoods in Erie with the most apartments available are Downtown Erie, East Erie and Renaissance District .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Erie
$1,018/month
605 Sq Ft
East Erie
$1,157/month
610 Sq Ft
Renaissance District
$1,234/month
534 Sq Ft
St Mary
$1,254/month
576 Sq Ft
Mid City Erie
$1,021/month
586 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Erie is $942, you’ll want to make about $3,140 per month or $37,680 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.

Cost of Living

The cost of living in Erie, PA is 13.0% lower than the national average. Generally, housing in Erie is 44.6% less expensive than the national average, with rent falling between $839 - $1,664. You can expect to pay 3.0% less for groceries, 9.0% more for utilities, and 14.0% more for transportation.

City

Erie, PA

471 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Erie, PA 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, PA

Apartment Averages

Downtown Erie

Erie, PA

St Mary

Erie, PA

Studio
$701/month
$1,213/month
One Bedroom
$828/month
$1,262/month
Two Bedroom
$915/month
$1,713/month
Three Bedroom
$1,054/month
$2,320/month
Search
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Nearby City Rent Trends

  • Edinboro Average Rent

Apartment communities in Erie we think you'll love

The Bowie Apartments

The Bowie Apartments

16 W 10th St,
Erie, PA 16501

$800 - $900

Studio

The Hammocks at MillCreek

The Hammocks at MillCreek

4500 Hammocks Dr,
Erie, PA 16506

$1,695 - $3,270

1-2 Beds

Tanglewood Apartments

Tanglewood Apartments

815 E Grandview Blvd,
Erie, PA 16504

$1,039 - $1,250

1-3 Beds

Vineyard Village Townhome Style Apartments

Vineyard Village Townhome Style Apartments

5000 Old Zuck Rd,
Erie, PA 16506

$1,475 - $1,505

2 Beds

Property Management Companies in Erie, PA

Riedman
Riedman
  • 21

    Communities

  • 3,496

    Units

  • 12

    Cities

8 Communities in Erie
Monarch Investment and Management Group
Monarch Investment and Management Group
  • 316

    Communities

  • 77,313

    Units

  • 143

    Cities

1 Community in Erie
Clover Group Inc.
Clover Group Inc.
  • 62

    Communities

  • 7,482

    Units

  • 53

    Cities

1 Community in Erie
Oakmark Management
Oakmark Management
  • 18

    Communities

  • 2,532

    Units

  • 12

    Cities

1 Community in Erie

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United States Pennsylvania 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity