Cheap Homes for Rent in Erie, PA from $700 (30 Rentals)

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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.

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.

property at 639 W 5th St

$1,025 - $1,050

2 Bedroom Rentals

Available Now

639 W 5th St

EriePA16507

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.

Erie, PA Local Guide

Cheapest Neighborhoods for Apartments in Erie, PA

Pricing Updated: 12/30/2025

Current apartment rentals in the Erie, PA area range in price from $620 to $89,900 with an overall median price of $1,562. The three Erie neighborhoods with the lowest median rent pricing are West Erie at $750, East Erie at $620, and East Suburban Erie at $725. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Erie Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West Erie$976$750117
East Erie$1,000$62023
East Suburban Erie$1,050$72515
East Side Bay Lights$1,075$620150
West Bayfront$1,100$620167
Bayfront$1,150$620162
Frontier$1,150$695150
Greater Kahkwa$1,150$69539
East Bayfront$1,200$620164
Mid City Erie$1,200$620154

Cheapest Available Erie Apartments for Rent

 

The cheapest available apartment rental in Erie, PA is a 4 Beds unit found at University Gate priced from $620. Landmark Square Apartments in the Frontier neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Erie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Gate4 Bed Upgraded4BR,2BA$620
Landmark Square Apartments1 Bedroom Basement1BR,1BA$700
Carleton Court Apartments0BR/1.0BAStudio,1BA$715
Lighthouse Apartments1 bedroom1BR,1BA$750
West Ridge Towers1BR/1.0BA1BR,1BA$795

Best Value Apartments for Rent in Erie, PA

As of December 30, 2025 the best value apartment in the Erie area is the $0.97 price per square foot 3 Beds, 1.5 baths Model at Woodland Hills Townhomes in the in the South East Hills neighborhood starting from $1,570. The second greatest value Erie apartment is the The Nittany Model at Hudson Lofts starting at $1,055 with a $0.77 price per square foot . Here is today’s list of the best values for Erie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Woodland Hills Townhomes3 Beds, 1.5 baths3BR,1.5BA$0.97
Hudson LoftsThe Nittany4BR,4BA$0.77
Arneman Place3 Bedroom Apartment3BR,1.5BA$0.89
340 W 24th St, Unit #2340 W 24th St2BR,1BA$0.89
1158 Brown Ave, Unit 11158 Brown Ave3BR,1BA$0.63
University Gate3 Bed upgraded3BR,2BA$0.62
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
526 E 22nd St, Unit 2526 E 22nd St2BR,1BA$0.87

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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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Erie, PA
Population: 96,471

Ranked #329

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Erie

What type of rentals are currently available in Erie?

There are currently 318 Apartments for Rent in Erie, PA with pricing that ranges from $555 to $89,900. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in Erie ranging from $700 to $3,000.

What is the current price range for Rental Homes in Erie?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Erie ranges from $700 to $3,000 with an average monthly rent of $1,499.

How much are larger Three and Four Bedroom Rentals in Erie?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Erie range from $560 to $89,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $555.

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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!