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Don't Sign the Lease Until You Understand These Clauses
One word in your lease can cost you hundreds or save you from a nightmare. Here's how to turn legalese into clear decisions before you sign.
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What to Know About
Life in Erie & Beyond
Erie shares many of the great qualities that make Colorado a desirable place to live.
Colorado boasts towering mountain peaks, expansive mesas, and tranquil hot springs making Colorado a beautiful backdrop for any visitor. Immerse yourself in the state's rich history and culture by visiting iconic landmarks like the Colorado History Museum and the Red Rocks Amphitheater. And for those seeking academic excellence, you have some of the most respected universities in the country, such as the University of Colorado Boulder, Colorado State University, and the University of Denver, making it an excellent place for education and research.
Sports fans rejoice as Colorado is home to professional teams, the Denver Broncos (NFL), the Colorado Avalanche (NHL), to Colorado Rockies (MLB), and Denver Nuggets (NBA). There is a team for everyone. For outdoor enthusiasts, the state offers a range of experiences, from world-class skiing and snowboarding to adrenaline-pumping mountain biking to peaceful fishing in high-altitude lakes. In addition, discover popular attractions like the Royal Gorge Bridge and Park, the Garden of the Gods, and the historic town of Telluride.
Embrace the Rocky Mountain State and discover why Colorado's breathtaking natural beauty, bustling cities, and endless excitement possibilities make it the perfect place to call home.
Rental Market Trends
Erie, CO
As of August 2025, Erie's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Erie's average rent is 57.6% ($1,100) higher than the Colorado average of $1,911 and 68.2% ($1,221) higher than the U.S. average of $1,790.
Average Rent
$3,011
Monthly ChangeMonth Over Month Change
0% ($1)
Yearly ChangeYear Over Year Change
34.7% ($776)
Avg. Days on MarketAverage Days on Market
36
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,776 | 0.6% ($10) | 0.3% ($5) |
| 2 Beds | $2,242 | 0.9% ($20) | 3.4% ($73) |
| 3 Beds | $3,166 | 1.9% ($58) | 15% ($412) |
| Nearby Cities | Average Rent | Avg. Rent vs. ErieAverage Rent vs. Erie | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Lafayette | $2,916 | 3.2% ($95) | 37 days |
| Longmont | $2,091 | 30.6% ($920) | 32 days |
| Thornton | $2,690 | 10.7% ($321) | 31 days |
| Broomfield | $2,186 | 27.4% ($825) | 36 days |
| Louisville | $1,738 | 42.3% ($1273) | 34 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Erie Rental Market FAQs
Explore rental prices, market trends, and availability in Erie, CO.
The average rent in Erie, CO is $3,011 per month.
Houses in Erie typically rent for between $1,243 and $4,116 per month, with an average of $3,011 per month.
In Erie, the average rent for a 1-bedroom house is $1,776 per month, for a 2-bedroom house, $2,242 per month, and a 3-bedroom house is $3,166 per month.
The average rent in Erie is 68.2% ($1,221) higher than the national average of $1,790 per month.
The average rent in Erie has increased by 0.0% ($1) in the last month and increased by 34.7% ($776) over the past year.
The rental market in Erie, CO, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Erie, CO, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 29 rental properties available in Erie, CO.
Based on the current averages, a household would need an annual income of $89,680 to comfortably afford a 2-bedroom house in Erie.
