
Cheap Apartments for Rent in Erie, CO from $800 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Erie.


1750 Powell St

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Alora Colliers Hill

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Enclave Vista Ridge

1465 Blue Sky Cir, Unit 17-104

3035 Blue Sky Cir

3155 Blue Sky Cir

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Josephine Commons

13819 Legend Trl, Unit 103
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

2117 Stonehenge Cir

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Arbour Commons

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Willoughby Corner

Larkridge

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Curate at Orchard Town Center

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Traditions at Lafayette

975 Sir Galahad Dr, Unit A

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Palisade Park

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Grant Row Lofts
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Park40

Copper Stone

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Brownstones at Palisade Park

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Parkhouse Apartment Homes

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Rowlen Apartments

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Avalon Flatirons

1410 Crete Ct

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Savanna Nine Mile

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Arbour Square
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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885 Furrow Way, Unit 1

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Lafayette Station

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Inkwell at Baseline

2002 S Fork Dr

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Bell Lafayette

Ardenne

Baseline Village

303 W Geneseo St

578 Brainard Cir
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.
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 | $1,606 | $1,348 | $2,187 |
| Cheap Erie 1 Bedroom Apartments | $1,764 | $847 | $3,045 |
| Cheap Erie 2 Bedroom Apartments | $2,378 | $1,560 | $5,665 |
| Cheap Erie 3 Bedroom Apartments | $2,860 | $1,900 | $5,035 |
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Erie, CO Local Guide
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Cheapest Neighborhoods for Apartments in Erie, CO
Pricing Updated: 07/26/2026Current 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 | $2,890 | $847 | 148 |
| Morgan Acres | $4,445 | $1,435 | 201 |
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. Arbour Commons in the Hunters Glen neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,348. 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 |
| Arbour Commons | Yates | Studio,1BA | $1,348 |
| Willoughby Corner | 1 Bed | 1BR,1BA | $1,412 |
| Larkridge | 1x1 B | 1BR,1BA | $1,435 |
| Ardenne | A1 | 1BR,1BA | $1,462 |
| Traditions at Lafayette | Studio | Studio,1BA | $1,520 |
| Palisade Park | Blue Mesa | 1BR,1BA | $1,564 |
| Alora Colliers Hill | S1a | Studio,1BA | $1,586 |
| Park40 | Wallflower | Studio,1BA | $1,587 |
| Rowlen Apartments | S1 | Studio,1BA | $1,632 |
Best Value Apartments for Rent in Erie, CO
As of July 26, 2026 the best value apartment in the Erie area is the $1.78 price per square foot 3B Townhome Model at BB Living Colliers Hill in the in the Morgan Acres neighborhood starting from $3,029. The second greatest value Erie apartment is the Park - Crescent 2/2.5 Model at Enclave Vista Ridge starting at $2,836 with a $1.99 price per square foot in the Morgan Acres 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 | $1.78 |
| Enclave Vista Ridge | Park - Crescent 2/2.5 | 2BR,2.5BA | $1.99 |
| Grant Row Lofts | Design 3B | 3BR,2BA | $1.97 |
| Finley at Baseline | Warbler | 3BR,3BA | $2.05 |
| Brownstones at Palisade Park | OASIS | 2BR,2.5BA | $2.08 |
| 1450 Blue Sky Way, Unit # 208 | 1450 Blue Sky Way | 2BR,2BA | $1.61 |
| Josephine Commons | 2 Bedroom | 2BR,1BA | $1.20 |
| Larkridge | 1x1 B | 1BR,1BA | $1.70 |
| 885 Furrow Way, Unit 1 | 885 Furrow Way | 1BR,1BA | $2.13 |
| Arbour Commons | Yates | Studio ,1BA | $2.12 |
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 $1,632.
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 $3,667.
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 43 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 $407 which is $3,260 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.