Cheap Apartments for Rent in the Hammermill Neighborhood of Erie, PA from $400 (48 Rentals)

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

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540 E 7th St
$675 - $750
Total Monthly Price

Total Monthly Price

Base Rent
$675 - $750

Total Monthly Price
$675 - $750
2 Bedroom Apartment Available Now

540 E 7th St

540 E 7th StErie, PA 16503
Cost Per Sq.Ft.
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

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.

property at 361 W 22nd St

$725 - $750

Studio Rentals

Available Jun 30

361 W 22nd St

EriePA16502
property at 2219 Chestnut St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

2219 Chestnut St, Unit 2217

2219 Chestnut St
EriePA16502

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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1035 E 28th St, Unit 1035
$895
Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895
2 Bedroom Apartment Available Now

1035 E 28th St, Unit 1035

1035 E 28th StErie, PA 16504
Eco-Friendly
  • Smoke Free

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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124 E 4th St, Unit 1
$975
Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975
1 Bedroom Apartment Available Now

124 E 4th St, Unit 1

124 E 4th StErie, PA 16507
Affordability
  • Smoke Free

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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St James Manor
1 to 2 Bedroom Apartments

St James Manor

2611 Pearl AveErie, PA 16510
Senior Living
  • Utilities Included
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326 W 8th St
Studio to 1 Bedroom Apartments

326 W 8th St

326 W 8th StErie, PA 16502
Student Housing
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Mid City Towers
1 to 2 Bedroom Apartments

Mid City Towers

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

440-444 W 9th St

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

Plymouth Apartments

604-608 Chestnut StErie, PA 16502
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Highpoint Towers
1 to 2 Bedroom Apartments

Highpoint Towers

2314 Sassafras StErie, PA 16502
Senior Living
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Lighthouse Apartments
1 to 2 Bedroom Apartments

Lighthouse Apartments

1206 E Lake RdErie, PA 16507
  • Utilities Included

Hammermill, Erie, PA Local Guide

Cheapest Available Hammermill Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
Park Row Apartments1 Bedroom, 1 Bathroom1BR,1BA$750
The Bowie0BR/1.0BAStudio,1BA$750

Best Value Apartments for Rent in Hammermill, PA

As of June 11, 2026 the best value apartment in the Hammermill area is the $0.68 price per square foot 541 W 9th St Model at 541 W 9th St in the in the Frontier neighborhood starting from $1,350. The second greatest value Hammermill apartment is the 2624 Chestnut St Model at 2624 Chestnut St, Unit 2624 Chestnut Street starting at $900 with a $0.50 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.
541 W 9th St541 W 9th St2BR,1BA$0.68
2624 Chestnut St, Unit 2624 Chestnut Street2624 Chestnut St2BR,1BA$0.50
416 E 3rd St, Unit 2nd floor416 E 3rd St1BR,1BA$0.28
446 W 7th St, Unit 1st Floor446 W 7th St3BR,1BA$0.87
351 W 8th St, Unit #2 Up351 W 8th St2BR,1BA$0.81
1035 E 28th St, Unit 10351035 E 28th St2BR,1BA$0.85
753 E 24th St, Unit 2nd Floor 2 bedroom753 E 24th St2BR,1BA$0.89
1318 E 9th St, Unit 21318 E 9th St2BR,1BA$0.89
540 E 7th St540 E 7th St2BR,1BA$0.83
322 Wallace St, Unit #2322 Wallace St2BR,1BA$0.82

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

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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
Hammermill, Erie, PA

Ranked #21

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Hammermill Apartments

What is the Cheapest Studio apartment in Hammermill?

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

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

The lowest price for a Cheap One Bedroom Hammermill Apartment is $750 at Park Row Apartments.

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

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

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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.