Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Downtown Erie area can be challenging. Home prices in Downtown Erie are now at a median cost of $121,515, lower than the Erie average of $138,406.
The average cost of rent is $589/mo in Downtown Erie, primarily driven by the current value of real estate in the Downtown Erie area. While nearly 73.17% of residents own their homes outright in Downtown Erie, 91.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Downtown Erie is $1,750 per month. Households that rent pay about 33.65% of their income on rent here. Downtown Erie's most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Nearby Neighborhoods
- East Erie, Erie, PA: less expensive homes
- Little Italy, Erie, PA: less expensive homes
- Bayfront, Erie, PA: less expensive homes
- Central Eastside, Erie, PA: less expensive homes
- West Side Squires, Erie, PA: less expensive homes
- Marvintown, Erie, PA: less expensive homes
- Southeast Erie, Erie, PA: less expensive homes
- South East Hills, Erie, PA: equally priced homes
- Robbins Blass, Erie, PA: less expensive homes
- Belle Valley, Erie, PA: higher priced homes
Neighborhoods with Similar Populations
- Downtown Belle Glade, Belle Glade, FL: less expensive homes
- Arnold Heights, Lincoln, NE: equally priced homes
- Bernon Heights, Woonsocket, RI: higher priced homes
- Buckingham Park, Willingboro, NJ: higher priced homes
- Clanton Park-Roseland, Charlotte, NC: less expensive homes
- Downtown Pomona, Pomona, CA: higher priced homes
- Isle of Palms, Jacksonville Beach, FL: higher priced homes
- Bellalago, Kissimmee, FL: higher priced homes
- Kabrich Crescent, Blacksburg, VA: higher priced homes
- Lakeview Terrace, Kansas City, MO: higher priced homes
All Local Stats
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