Average Rent in Erie, NY

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Current Versus Historical Erie, NY Rents

Erie rentals average $925 for a studio rental to $2,800 for a 4-bedroom rental. The median price of all currently available listings is $1,690, or roughly $1 per square feet.

For the apartment units and housing in March 2025, median rents have risen substantially over the last year. Studio rentals prices have decreased by $349 (-29.18%) year-over-year from $1,197 to $848. 1-bedroom rentals prices have increased by $125 (11.63%) year-over-year from $1,075 to $1,200. 2-bedroom rentals prices have increased by $339 (26.90%) year-over-year from $1,261 to $1,600. 3-bedroom rentals prices have increased by $117 (7.37%) year-over-year from $1,583 to $1,700. 4-bedroom rentals prices have increased by $363 (17.00%) year-over-year from $2,137 to $2,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 0.00% this month. 1-bedroom rents have gone up by 20.40% this month. 2-bedroom rents have gone up by 20.75% this month. 3-bedroom rents have gone up by 11.78% this month. 4-bedroom rents have gone up by 27.12% this month.

Beds	Price / Sqft	Mar 2025 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.66	$848	$1,197 (-29.18%)	$940 (-9.84%)
1 BR	$0.96	$1,200	$1,075 (11.63%)	$936 (28.23%)
2 BR	$1.45	$1,600	$1,261 (26.90%)	$1,013 (57.89%)
3 BR	$1.35	$1,700	$1,583 (7.37%)	$1,358 (25.15%)
4+ BR	$1.57	$2,500	$2,137 (17.00%)	$2,103 (18.87%)

Historical Rents in Erie, NY

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Erie

There are a total of 1 cities nearby Erie. The average rent in Erie is currently $1,600 per month. Only one city nearby has an average rent lower than that. Our records show that Buffalo, NY, with an average rent of $1,600, is the most affordable city nearby. In contrast, the most expensive city near Erie, NY is Buffalo, NY. Monthly rents here are on average $1,600 per month.

Let's compare Erie, NY's rent against other top cities nearby by bedroom size. Typically, rent for studios in Erie, NY is 2.70% more affordable than other cities nearby. One bedrooms are about 2.08% more affordable. Two bedrooms in Erie, NY are about 0.29% more expensive. Finally, rent for three bedrooms are about 12.16% more expensive. Want more information? Check out the top 1 cities near Erie, NY in the following chart.

City	Studio	1 Bed	2 Bed	All
Buffalo, NY	$950	$1,225	$1,690	$1,600

Top Neighborhoods Near Erie

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Erie

The average rent for rentals in these counties is $1,600. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Buffalo, NY. It's average rent per month is $1,600. Vice versa, with an average rent of $1,600, Buffalo, NY is the most expensive county by Erie, NY.

Typically, rent for studios in Erie, NY is 2.70% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Erie, NY is 2.08% more affordable than other counties nearby. Finally, rent for two bedrooms in Erie, NY is 0.29% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Buffalo, NY	$950	$1,225	$1,690	$1,600

Top Zipcodes Near Erie

You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All

Frequently Asked Questions - Erie Average Rents

What is the average rent price in Erie, NY?

The average monthly rental price for Erie, NY apartments for rent is approximately $1,690. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Erie, NY rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Erie, NY.

How much is a studio apartment in Erie, NY?

The average monthly rental price for studio apartments is $925 and an average price per square feet of $2.66. There are a total of 6 studio apartment listings currently available for rent in Erie.

How much is a one bedroom apartment in Erie, NY?

The average monthly rental price for one bedroom apartments is $1,200 and an average price per square feet of $0.96. There are a total of 31 one bedroom apartment listings currently available for rent in Erie.

How much is a two bedroom apartment in Erie, NY?

The average monthly rental price for two bedroom apartments is $1,695 and an average price per square feet of $1.45. There are a total of 83 two bedroom apartment listings currently available for rent in Erie.

How have rent prices in Erie, NY changed this year?

Rent prices for rentals in Erie, NY can fluctuate yearly. Specifically, studio rental prices have changed by -0.29%, one bedroom rental prices have changed by 0.12%, two bedroom rental prices have changed by 0.27%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Erie, NY?

A reasonable rent price in Erie, NY is around $1,352/month. You can search for these reasonably priced rental listings on RentHop.