Cheap Apartments for Rent in the Hammermill Neighborhood of Erie, PA from $500 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

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.

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.

close
View Me
St James Manor
1 to 2 Bedroom Apartments

St James Manor

2611 Pearl AveErie, PA 16510
Senior Living
  • Utilities Included
close
View Me
Mid City Towers
1 to 2 Bedroom Apartments

Mid City Towers

12 E Ninth StErie, PA 16501
Senior Living
  • Utilities Included
close
View Me
440-444 W 9th St
2 Bedroom Apartments

440-444 W 9th St

440-444 W 9th StErie, PA 16502
  • Utilities Included
close
View Me
Plymouth Apartments
1 to 3 Bedroom Apartments

Plymouth Apartments

604-608 Chestnut StErie, PA 16502
Affordability
  • Utilities Included
close
View Me
326w8th
Studio to 1 Bedroom Apartments

326w8th

326 W 8th StErie, PA 16502
Student Housing

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.

close
View Me
Highpoint Towers
1 to 2 Bedroom Apartments

Highpoint Towers

2314 Sassafras StErie, PA 16502
Senior Living
close
View Me
403w9th
2 to 4 Bedroom Apartments

403w9th

403 W 9th StErie, PA 16502
Student Housing

Cheapest Available Hammermill Apartments for Rent

 

The cheapest available apartment rental in the Hammermill area of Erie, PA is a 1 Bed unit found at Lighthouse Apartments priced from $750. The Bowie Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here are the most affordable Hammermill apartments for rent in Erie, PA:

Apartment ListingModel NameBed/BathPriced From
Lighthouse Apartments1 bedroom1BR,1BA$750
The Bowie ApartmentsStudioStudio,1BA$800
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$850
716 Sassafras Apartments1 Bed, 1 bath1BR,1BA$900

Best Value Apartments for Rent in Hammermill, PA

As of January 01, 2026 the best value apartment in the Hammermill area is the $0.90 price per square foot 2529 Reed St Model at 2529 Reed St, Unit 2529 in the in the Glenwood neighborhood starting from $1,350. The second greatest value Hammermill apartment is the 340 W 24th St Model at 340 W 24th St, Unit #2 starting at $1,100 with a $0.89 price per square foot in the Frontier neighborhood. Here is today’s list of the best values for Hammermill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2529 Reed St, Unit 25292529 Reed St2BR,2BA$0.90
340 W 24th St, Unit #2340 W 24th St2BR,1BA$0.89
423 E 16th St, Unit 2423 E 16th St2BR,1BA$0.80
548 E 7th St, Unit 548548 E 7th St2BR,1BA$0.89
923 Walnut St, Unit 3923 Walnut St2BR,1BA$0.94
820 Wayne St, Unit 2820 Wayne St2BR,1BA$1.06
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.13
1436 E 9th St, Unit 21436 E 9th St2BR,1BA$1.05
526 E 22nd St, Unit 2526 E 22nd St2BR,1BA$0.87
Lighthouse Apartments1 bedroom1BR,1BA$1.15

Frequently Asked Questions about Cheap Hammermill Apartments

What is a cheap apartment in Hammermill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hammermill is under $900.

What is the price of a cheap apartment in Hammermill?

The cheapest apartment in Hammermill is Lighthouse Apartments which is listed at $750, while the average apartment in Hammermill costs $2,000.

What types of apartments are the cheapest in Hammermill?

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 104 regular apartments in Hammermill 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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!