Homes for Rent in 16501

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What to Know About

Life in Erie & Beyond

Erie shares many of the great qualities that make Pennsylvania a desirable place to live.

Pennsylvania is a state rich in history and charm. Explore the state's culture by visiting historic sites like Independence Hall, the Liberty Bell, and Gettysburg National Military Park. Pennsylvania is also home to respected universities like the University of Pennsylvania, Carnegie Mellon University, Drexel University, and Penn State University. Pennsylvania's economy thrives on manufacturing, healthcare, and technology. The state is also home to a thriving theater and art scene, with institutions such as the Kimmel Center for the Performing Arts, the Pittsburgh Symphony Orchestra, and the Pennsylvania Ballet.

For those who love the great outdoors, Pennsylvania offers opportunities for skiing in the Pocono Mountains, fishing in Lake Erie, and exploring the scenic Appalachian Mountains. Sports fans can catch professional games for teams like the Philadelphia Eagles (NFL), Pittsburgh Steelers (NFL), Philadelphia Flyers (NHL), Philadelphia Phillies (MLB), and Philadelphia 76ers (NBA). Be amazed by the popular attractions like the Philly Cheesesteak, the Amish Country, and the Pittsburgh Zoo.

Discover a blend of old and new in Pennsylvania, where history and progress coexist to make it a great place to live.

Rental Market Trends

Erie, PA

As of May 2025, Erie's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Erie's average rent is 23.2% ($384) lower than the Pennsylvania average of $1,656 and 29.1% ($521) lower than the U.S. average of $1,793.

Average Rent
$1,272
Monthly ChangeMonth Over Month Change
Decreased9.9% ($140)
Yearly ChangeYear Over Year Change
Increased9.5% ($110)
Avg. Days on MarketAverage Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $940 Decreased6.8% ($69) Increased22.1% ($170)
2 Beds $1,429 Decreased3.8% ($57) Increased12.1% ($154)
3 Beds $1,864 Increased2% ($37) Increased31.4% ($445)
Nearby Cities Average Rent Avg. Rent vs. ErieAverage Rent vs. Erie Avg. Days on MarketAverage Days on Market
Fairview $2,410 Increased89.5% ($1138) 28 days
Edinboro $1,567 Increased23.2% ($295) 30 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, PA.

The average rent in Erie, PA is $1,272 per month.
Homes in Erie typically rent for between $658 and $2,423 per month, with an average of $1,272 per month.
In Erie, the average rent for a 1-bedroom home is $940 per month, for a 2-bedroom home, $1,429 per month, and a 3-bedroom home is $1,864 per month.
The average rent in Erie is 29.1% ($521) lower than the national average of $1,793 per month.
The average rent in Erie has decreased by 9.9% ($140) in the last month and increased by 9.5% ($110) over the past year.
The rental market in Erie, PA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Erie, PA, the average rental stays on the market for approximately 28 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 58 rental properties available in Erie, PA.
Based on the current averages, a household would need an annual income of $57,160 to comfortably afford a 2-bedroom home in Erie.
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