Cheap Homes for Rent in Erie, PA from $500 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Erie.

property at 803 E 36th St

803 E 36th St

EriePA16504
property at 2219 Chestnut St

2219 Chestnut St

EriePA16502
property at 1538 W 45th St

1538 W 45th St

EriePA16509

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Erie, PA Local Guide

Cheapest Neighborhoods for Apartments in Erie, PA

Pricing Updated: 04/26/2025

Current apartment rentals in the Erie, PA area range in price from $425 to $2,900 with an overall median price of $1,415. The three Erie neighborhoods with the lowest median rent pricing are East Suburban Erie at $555, East Erie at $425, and Burton Diehl at $555. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Erie Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
East Suburban Erie$914$55518
East Erie$1,150$4258
Burton Diehl$1,270$55538
Central City$1,275$42536
Downtown Erie$1,275$42536
St Mary$1,275$42536
East Side Bay Lights$1,290$42529
Greater Kahkwa$1,300$57521
East Bayfront$1,395$42534
Bayfront$1,400$42527

Cheapest Available Erie Apartments for Rent

 

The cheapest available apartment rental in Erie, PA is a 4 Beds unit found at University Gate in the East Suburban Erie neighborhood priced from $620. Willow Commons Apartments in the East Suburban Erie neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $645. Here is today’s list of the most affordable Erie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Gate4 Bed Upgraded4BR,2BA$620
Willow Commons ApartmentsTwo Bedroom2BR,1BA$645
Lighthouse Apartments1 bedroom1BR,1BA$750
Maple Lane Apartments1 Bed, 1 bath1BR,1BA$800

Best Value Apartments for Rent in Erie, PA

As of April 26, 2025 the best value apartment in the Erie area is the $1.00 price per square foot 330 Sassafras St Model at 330 Sassafras St, Unit 2 in the in the Frontier neighborhood starting from $2,100. The second greatest value Erie apartment is the 628 E 6th St Model at 628 E 6th St, Unit 1 starting at $475 with a $0.29 price per square foot in the Downtown Erie neighborhood. 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.
330 Sassafras St, Unit 2330 Sassafras St3BR,2BA$1.00
628 E 6th St, Unit 1628 E 6th St1BR,1.5BA$0.29
416 E 3rd St, Unit 2nd floor416 E 3rd St1BR,1BA$0.28
Lena CourtTownhouse with Full Basement2BR,1.5BA$1.07
532 E 22nd St, Unit 1532 E 22nd St3BR,1BA$0.71
1008 W 7th St, Unit 2nd Floor1008 W 7th St2BR,1BA$0.77
University Gate3 Bed upgraded3BR,2BA$0.62
Willow Commons ApartmentsOne Bedroom1BR,1BA$0.72
Shoreline Apartments2 Beds, 1 bath2BR,1BA$0.94
826 W 4th St, Unit 2826 W 4th St2BR,1BA$0.94

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Frequently Asked Questions about Erie

What type of rentals are currently available in Erie?

There are currently 282 Apartments for Rent in Erie, PA with pricing that ranges from $425 to $2,900. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Erie ranging from $500 to $4,000.

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 $500 to $4,000 with an average monthly rent of $1,203.

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 $2,134, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,100. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $555.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.