
Cheap Homes for Rent in Downtown Erie Neighborhood of Erie, PA from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Erie area of Erie.


452 E 13th St, Unit Down Back

715 W 9th St

314 W 21st St, Unit 2nd Floor

213 Wallace St

1404 E Lake Rd
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.

626 E 23rd St

1112 W 4th St, Unit 1120-2C

407 E 13th St

1682 W 14th St

1112 W 4th St, Unit 1130-3A

305 Cascade St, Unit 305
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.

614 E 22nd St

612 E 12th St

1106 W 26th St, Unit Unit 1

1114 E 25th St

1106 E Lake Rd

701 W 8th St, Unit unit 2
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.
Downtown Erie, Erie, PA Local Guide

How much does it cost to rent a home in Downtown Erie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Erie 2 Bedroom Homes for Rent | $1,078 | $700 | $1,950 |
| Downtown Erie 3 Bedroom Homes for Rent | $2,192 | $800 | $10,000+ |
| Downtown Erie 4 Bedroom Homes for Rent | $2,611 | $1,150 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Downtown Erie Neighborhood of Erie, PA.
Explore Erie
Cheapest Available Downtown Erie Apartments for Rent
 The cheapest available apartment rental in the Downtown Erie area of Erie, PA is a 1 Bed unit found at Park Row Apartments priced from $750. The Bowie Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here are the most affordable Downtown Erie apartments for rent in Erie, PA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Row Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $750 |
| The Bowie Apartments | 0BR/1.0BA | Studio,1BA | $775 |
| 509 Dunn Blvd | Spacious 2 Bed / 1.5 bath | 2BR,1BA | $900 |
Best Value Apartments for Rent in Downtown Erie, PA
As of May 25, 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 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 Downtown Erie apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 416 E 3rd St, Unit 2nd floor | 416 E 3rd St | 1BR,1BA | $0.30 |
| 446 W 7th St, Unit 1st Floor | 446 W 7th St | 3BR,1BA | $0.87 |
| 314 East Ave, Unit 314 East | 314 East Ave | 2BR,1BA | $0.76 |
| 731 W 4th St, Unit 729 | 731 W 4th St | 3BR,1BA | $0.80 |
| 657 W 8th St, Unit 1 | 657 W 8th St | 3BR,1BA | $1.10 |
| 1117 E 9th St, Unit 2 | 1117 E 9th St | 3BR,1BA | $0.97 |
| 509 Dunn Blvd | Spacious 2 Bed / 1.5 bath | 2BR,1BA | $1.00 |
| 725 Chestnut St, Unit 5 | 725 Chestnut St | 2BR,1BA | $1.06 |
| 322 Wallace St, Unit #2 | 322 Wallace St | 2BR,1BA | $0.82 |
| 817 Hess Ave, Unit up | 817 Hess Ave | 2BR,1BA | $1.00 |
Frequently Asked Questions about Downtown Erie
What type of rentals are currently available in Downtown Erie?
There are currently 195 Apartments for Rent in Downtown Erie, PA with pricing that ranges from $455 to $2,100. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Erie ranging from $600 to $12,600.
What is the current price range for Rental Homes in Downtown Erie?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Erie ranges from $600 to $12,600 with an average monthly rent of $1,620.
How much are larger Three and Four Bedroom Rentals in Downtown Erie?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Erie range from $800 to $2,100, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $12,600. Four Bedroom Single-Family rentals are also available starting from $1,150 and Four Bedroom Apartments start at $1,250.
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

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.

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.

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.