Cheap Apartments for Rent in Erie, PA from $400 (107 Rentals)

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Search the lowest-cost Apartments available for rent right now in Erie.

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.

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property at 213 Wallace St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

213 Wallace St

EriePA16507
property at 1831 W Grandview Blvd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

1 Bedroom, 1 Bath Home for Rent

Available Jul 14

1831 W Grandview Blvd

EriePA16509
property at 2823 Pittsburgh Ave

$750 - $1,000

Total Monthly Price

Total Monthly Price

Base Rent
$750 - $1,000
Total Monthly Price
$750 - $1,000

1 Bedroom, 2 Bath Home for Rent

Available Soon

2823 Pittsburgh Ave

EriePA16508

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.

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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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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Erie, PA Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Erie, PA

Pricing Updated: 05/18/2026

Current apartment rentals in the Erie, PA area range in price from $700 to $12,600 with an overall median price of $2,275. The three Erie neighborhoods with the lowest median rent pricing are East Suburban Erie at $750, East Erie at $700, and Hammermill at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Erie Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Suburban Erie$1,000$7502
East Erie$1,100$7008
Hammermill$1,275$70012
East Bayfront$1,400$70014
East Side Bay Lights$1,400$70012
Bayfront$1,800$70015
Burton Diehl$1,800$7507
Frontier$1,800$75015
Outer Downtown Erie$1,800$75017
South Suburban Erie$1,800$7507

Cheapest Available Erie Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Willow Commons ApartmentsOne Bedroom1BR,1BA$704
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$750

Best Value Apartments for Rent in Erie, PA

As of May 18, 2026 the best value apartment in the Erie area is the $0.30 price per square foot 416 E 3rd St Model at 416 E 3rd St, Unit 2nd floor in the in the Downtown Erie neighborhood starting from $455. The second greatest value Erie apartment is the 446 W 7th St Model at 446 W 7th St, Unit 1st Floor starting at $1,300 with a $0.87 price per square foot in the Frontier neighborhood. Here is today’s list of the best values for Erie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
416 E 3rd St, Unit 2nd floor416 E 3rd St1BR,1BA$0.30
446 W 7th St, Unit 1st Floor446 W 7th St3BR,1BA$0.87
Hudson LoftsThe Nittany4BR,4BA$0.78
Arneman Place3 Bedroom Apartment3BR,1.5BA$0.72
801 Hess Ave, Unit 1st Floor801 Hess Ave3BR,1BA$0.65
314 East Ave, Unit 314 East314 East Ave2BR,1BA$0.76
731 W 4th St, Unit 729731 W 4th St3BR,1BA$0.80
Willow Commons ApartmentsOne Bedroom1BR,1BA$0.78
805 Hess Ave, Unit 2805 Hess Ave2BR,1BA$0.88
2419 Wayne St, Unit 2nd Floor2419 Wayne St1BR,1BA$0.78

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.

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Real 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.

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Quick 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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Erie Overview

Perfectly nestled on the shores of Lake Erie, Erie is a charming city in Pennsylvania. The city's relatively low housing cost, suburban feel, proximity to amenities, and the picturesque views of the lake are what sets it apart from other similar locales.  

Why live in Erie, PA?

Not only is Erie quite livable due to its affordability and ease of transit but is also brims brimming with interest areas for both recreation and culture. With a population of around 100,000 people and also being the fourth-largest city in Pennsylvania, Erie offers the allure of a small town with local and conveniently located amenities along with multiple attractions. Some of these attractions include the Erie Art museum the Erie’s Children’s Museum and the Warner Theatre which was commissioned by the Warner Brothers in 1929. Erie is also home to the Presque Isle State Park which is a peninsula that boasts of hiking trails, and beaches. 

Best Local Schools in
Erie, PA

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Erie, PA Rentals by Map

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See the most popular apartments and homes in Erie, PA

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Frequently Asked Questions about Cheap Erie Apartments

What is the Cheapest Studio apartment in Erie?

Currently the most affordable Cheap Studio Apartment in Erie is at The Bowie Apartments listed at $750.

How much is rent for a Cheap One Bedroom Erie Apartment?

The lowest price for a Cheap One Bedroom Erie Apartment is $704 at Willow Commons Apartments.

What is the lowest price for a Cheap Two Bedroom Erie Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Erie is starting from $900 at 509 Dunn Blvd.

What is the most affordable Erie Three Bedroom Apartment?

The best deal on a cheap Erie Three Bedroom Apartment rental is at Arneman Place and starts from $911.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.