Downtown Erie renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Downtown Erie is about $589 per month. This puts it in the 1st percentile compared to the city average cost of rent, which is $926. Households in Downtown Erie have a median income of $1,750 per month so the average renter in Downtown Erie is spending roughly 34% of their earnings on housing.
Nationally, and in Downtown Erie, home values are the data point most closely correlated with the cost of rent. The median price of a home in Downtown Erie is $121,515 right now, which is higher than nearby neighborhoods, meaning that rents in Downtown Erie also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northwestern parts of Downtown Erie while lower rent rates are often available in eastern areas.
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