809 W 4th St
SterlingIL61081
Cheap Homes for Rent in Erie, IL from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Erie.
1417 18th Ave
East MolineIL61244
535 15th Ave
SilvisIL61282
801 Bend Blvd
East MolineIL61244
1216 9th Ave S
ClintonIA52732
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.
412 W 4th St
SterlingIL61081
777 20th Ave
East MolineIL61244
2002 Garfield St
ClintonIA52732
511 E 8th St
Rock FallsIL61071
1202 K Ave
SterlingIL61081
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.
3430 Holiday Ct
BettendorfIA52722
Showing Results 1-11, Page 1 of 1
Erie, IL Local Guide
Sunset over the Illinois prairie by k4dordy is licensed under CC BY 2.0
How much does it cost to rent a home in Erie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Erie 2 Bedroom Homes for Rent | $1,241 | $900 | $2,100 |
| Erie 3 Bedroom Homes for Rent | $2,041 | $995 | $3,499 |
| Erie 4 Bedroom Homes for Rent | $2,000 | $900 | $2,600 |
Browse Top Homes for Rent in Erie
Explore Erie
Erie, IL Local Guide
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Cheapest Available Erie Apartments for Rent and Nearby
The cheapest available apartment rental in Erie, IL is a Studio unit found at Riverside Apartments and Townhomes priced from $525. Northland Park Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $625. Here is today’s list of the most affordable Erie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments and Townhomes | Studio | Studio,1BA | $525 |
| Northland Park Apartments | Studio | Studio,1BA | $625 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $669 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $670 |
| Avenues at East Moline | 1 Bed 1 Bath | 1BR,1BA | $745 |
Best Value Apartments for Rent in Erie, IL and Nearby
As of April 12, 2026 the best value apartment in the Erie area is the $1.28 price per square foot 4 Bedroom Home Model at Links at Pebble Creek in the in the Outer Davenport Bettendorf neighborhood starting from $3,200. The second greatest value Erie apartment is the Upper Model at Forest Grove Crossing starting at $1,995 with a $1.33 price per square foot in the Outer Davenport Bettendorf 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. |
|---|---|---|---|
| Links at Pebble Creek | 4 Bedroom Home | 4BR,3BA | $1.28 |
| Forest Grove Crossing | Upper | 3BR,2BA | $1.33 |
| SIERRA TANGO CREEK RIDGE, LLC | 3BR/2.5BA | 3BR,2.5BA | $1.34 |
| The Landing of Clinton | 1 Bedroom 1 Bath | 1BR,1BA | $1.21 |
| Cottage Bluff Apartments | 2-Bedroom | 2BR,1BA | $1.10 |
| MEADOWS OF LUKE RIDGE | 2 BED 1 BATH | 2BR,1BA | $0.71 |
| 5425 Valley Dr | 3 bed | 3BR,2BA | $1.35 |
| Cross Creek Apartment Homes | Phase II | 1BR,1BA | $1.14 |
| Pius Lane Apartments | 1 bed | 1BR,1BA | $1.00 |
| Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $1.12 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
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Explore Erie, IL Rentals by Map
See the most popular apartments and homes in Erie, IL
Frequently Asked Questions about Erie
What type of rentals are currently available in Erie?
There are currently 44 Apartments for Rent in Erie, IL with pricing that ranges from $525 to $4,990. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Erie ranging from $900 to $3,499.
What is the current price range for Rental Homes in Erie?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Erie ranges from $900 to $3,499 with an average monthly rent of $1,680.
How much are larger Three and Four Bedroom Rentals in Erie?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Erie range from $757 to $4,990, while Three Bedroom Homes, Condos, and Townhomes for rent range from $995 to $3,499. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,025.
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
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.