Cheap Apartments for Rent in the Central City Neighborhood of Erie, PA from $400 (72 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central City area of 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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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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property at 213 Wallace St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

213 Wallace St

EriePA16507

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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property at 911 E 11th St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

911 E 11th St

EriePA16503

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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Showing Results 1-50, Page 1 of 2

Central City, Erie, PA Local Guide

Cheapest Available Central City Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
The Bowie Apartments0BR/1.0BAStudio,1BA$750

Best Value Apartments for Rent in Central City, PA

As of May 07, 2026 the best value apartment in the Central City 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 Central City apartment is the 547 W 5th St Model at 547 W 5th St, Unit West 5th 547 starting at $1,200 with a $0.89 price per square foot in the Frontier neighborhood. Here is today’s list of the best values for Central City 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
547 W 5th St, Unit West 5th 547547 W 5th St3BR,1BA$0.89
531 E 28th St, Unit 531531 E 28th St2BR,1BA$0.70
801 Hess Ave, Unit 1st Floor801 Hess Ave3BR,1BA$0.65
314 East Ave, Unit 314 East314 East Ave2BR,1BA$0.76
351 W 8th St, Unit #1 Down351 W 8th St2BR,1BA$1.00
805 Hess Ave, Unit 2805 Hess Ave2BR,1BA$0.88
2419 Wayne St, Unit 2nd Floor2419 Wayne St1BR,1BA$0.83
817 Hess Ave, Unit up817 Hess Ave2BR,1BA$1.03
612 E 11th St, Unit 1st Floor612 E 11th St1BR,1BA$0.98

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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Pet Friendly Lifestyle
Central City, Erie, PA

Ranked #28

Among cities in Pennsylvania for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Central City, Erie, PA

School data provided by Great Schools

Frequently Asked Questions about Cheap Central City Apartments

What is a cheap apartment in Central City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Central City is under $750.

What is the price of a cheap apartment in Central City?

The cheapest apartment in Central City is Park Row Apartments which is listed at $750, while the average apartment in Central City costs $1,050.

What types of apartments are the cheapest in Central City?

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 14 regular apartments in Central City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.