The Most Affordable Neighborhoods in Bayfront, Erie, PA by Home Value

 

Bayfront, Erie, PA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Bayfront area can be challenging. Home prices in Bayfront are now at a median cost of $69,660, lower than the Erie average of $138,406.

The average cost of rent is $781/mo in Bayfront, primarily driven by the current value of real estate in the Bayfront area. While nearly 53.21% of residents own their homes outright in Bayfront, 67.39% rent.

Housing affordability isn’t just about home prices, though. The average household income in Bayfront is $2,708 per month. Households that rent pay about 28.85% of their income on rent here. Bayfront's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.


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