Cheap Apartments for Rent in the Downtown Erie Neighborhood of Erie, PA from $400 (76 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Erie 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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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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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
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2509 Peach St
$1,200 - $1,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,260
Total Monthly Price
$1,200 - $1,260
2 Bedroom Apartment Available Now

2509 Peach St

2509 Peach StErie, PA 16502
property at 633 E 11th St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

633 E 11th St

EriePA16503
property at 1605 Chestnut St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available May 8

1605 Chestnut St

EriePA16502

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Cheapest Available Downtown Erie Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
The Bowie Apartments0BR/1.0BAStudio,1BA$725
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$750

Best Value Apartments for Rent in Downtown Erie, PA

As of May 06, 2026 the best value apartment in the Downtown 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 Downtown Erie 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 Downtown 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
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
2419 Wayne St, Unit 2nd Floor2419 Wayne St1BR,1BA$0.83
725 Chestnut St, Unit 5725 Chestnut St2BR,1BA$1.06
817 Hess Ave, Unit up817 Hess Ave2BR,1BA$1.03
612 E 11th St, Unit 1st Floor612 E 11th St1BR,1BA$0.98

Frequently Asked Questions about Cheap Downtown Erie Apartments

What is a cheap apartment in Downtown Erie?

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

What is the price of a cheap apartment in Downtown Erie?

The cheapest apartment in Downtown Erie is Park Row Apartments which is listed at $750, while the average apartment in Downtown Erie costs $1,095.

What types of apartments are the cheapest in Downtown 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 18 regular apartments in Downtown Erie 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.

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

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.