
Cheap Apartments for Rent in Erie, CO from $800 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Erie.


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Alora Colliers Hill

3035 Blue Sky Cir

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Josephine Commons

404 S Foote Ave

310 W Simpson St

1100 Sir Galahad Dr

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Willoughby Corner
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Larkridge

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Brownstones at Palisade Park

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Traditions at Lafayette

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Arbour Commons

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Arbour Square

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Park40

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Parkhouse Apartment Homes

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Palisade Park
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Copper Stone

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Curate at Orchard Town Center

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Rowlen Apartments

1410 Crete Ct

975 Sir Galahad Dr, Unit A

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Avalon Flatirons

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Grant Row Lofts

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Lafayette Station
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Inkwell at Baseline

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Savanna Nine Mile

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Bell Lafayette

106 E Chester St

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Affinity at Lafayette 55+

1400 Crete Ct

Ardenne

Baseline Village
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

492 S Dover Ave

1209 Warrior Way
Erie, CO Local Guide

How much does it cost to rent an apartment in Erie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Erie Studio Apartments | $1,770 | $1,523 | $2,745 |
| Cheap Erie 1 Bedroom Apartments | $1,749 | $847 | $2,837 |
| Cheap Erie 2 Bedroom Apartments | $2,377 | $1,325 | $5,081 |
| Cheap Erie 3 Bedroom Apartments | $2,934 | $1,900 | $5,125 |
| Cheap Erie 4 Bedroom Apartments | $3,250 | $3,250 | $3,250 |
Browse Top Apartments in Erie
See all Apartments in ErieExplore Erie
Erie, CO Local Guide
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Cheapest Neighborhoods for Apartments in Erie, CO
Pricing Updated: 06/11/2026Current apartment rentals in the Erie, CO area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Erie Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Canyon Creek | $2,954 | $847 | 167 |
| Morgan Acres | $2,969 | $1,435 | 231 |
Cheapest Available Erie Apartments for Rent
 The cheapest available apartment rental in Erie, CO is a 2 Beds unit found at Josephine Commons in the South Boulder neighborhood priced from $1,017. Willoughby Corner in the South Boulder neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,412. Here is today’s list of the most affordable Erie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Josephine Commons | 2 Bedroom | 2BR,1BA | $1,017 |
| Willoughby Corner | 1 Bed | 1BR,1BA | $1,412 |
| Larkridge | 1x1 B | 1BR,1BA | $1,435 |
| Brownstones at Palisade Park | NEST | 1BR,1BA | $1,460 |
| Park40 | Wallflower | Studio,1BA | $1,562 |
| Palisade Park | Blue Mesa | 1BR,1BA | $1,572 |
| Arbour Square | Cedar | 1BR,1BA | $1,585 |
| Alora Colliers Hill | A2 | 1BR,1BA | $1,598 |
| Copper Stone | Willow | 1BR,1BA | $1,605 |
| Arbour Commons | Yates | Studio,1BA | $1,630 |
Best Value Apartments for Rent in Erie, CO
As of June 11, 2026 the best value apartment in the Erie area is the $1.69 price per square foot 3B Townhome Model at BB Living Colliers Hill in the in the Morgan Acres neighborhood starting from $2,871. The second greatest value Erie apartment is the 3BR/3.5BA Model at Baseline Townhomes starting at $2,795 with a $1.84 price per square foot in the South Boulder neighborhood. Here is today’s list of the best values for Erie apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| BB Living Colliers Hill | 3B Townhome | 3BR,2.5BA | $1.69 |
| Baseline Townhomes | 3BR/3.5BA | 3BR,3.5BA | $1.84 |
| Traditions at Lafayette | Two Bedroom | 2BR,1BA | $2.01 |
| Willoughby Corner | 2 Bed | 2BR,1BA | $2.16 |
| Josephine Commons | 2 Bedroom | 2BR,1BA | $1.20 |
| Larkridge | 1x1 B | 1BR,1BA | $1.70 |
| Ardenne | B1 | 2BR,1BA | $2.17 |
| Palisade Park | Blue Mesa | 1BR,1BA | $2.02 |
| Grant Row Lofts | Design 1A | 1BR,1BA | $2.27 |
| Copper Stone | Willow | 1BR,1BA | $2.29 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Erie, CO
Erie Elementary School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Erie, CO Rentals by Map
See the most popular apartments and homes in Erie, CO
Frequently Asked Questions about Cheap Erie Apartments
What is a cheap apartment in Erie?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Erie is under $1,630.
What is the price of a cheap apartment in Erie?
The cheapest apartment in Erie is Willoughby Corner which is listed at $1,412, while the average apartment in Erie costs $2,961.
What types of apartments are the cheapest in Erie?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 46 regular apartments in Erie that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Erie?
Cheap apartments in Erie have an average cost of $288 which is $2,673 cheaper than the average rent for all rentals in Erie.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.