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Apartments in 16503

1 - 5 of 5 Results
8
$700
436 E 11th St
Erie, PA
2 BR | Available Now
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Cat Friendly
11
$800
239 E 10th St
Erie, PA
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
15
$1,100
442 E8th St
Erie, PA
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$995
743 E 7TH
Erie, PA
3 BR | Available Now
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House
8
$650
1 Bedroom 1 Bath 3rd Floor Unit
1116 E 25Th St Erie, PA
1 BR | Available Now
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House
1 - 5 of 5 Results
  1. Home
  2. Erie
  3. 16503

How much does it cost to rent an apartment in 16503?

16503 apartments
Bed Type Average Rent Range
1BR $650 $650 - $650
2BR $700 $700 - $800
Frequently Asked Questions

How many apartments are available in 16503 on Rentable.co?

Rentable.co has 5 apartments available for rent in 16503.

What is the average rent for an apartment in 16503?

The average rent for an apartment in 16503 is around $800 per month.

What is the average rent for a one-bedroom apartment in 16503?

The average rent for a one-bedroom apartment in 16503 is around $650 per month.

What is the average rent for a two-bedroom apartment in 16503?

The average rent for a two-bedroom apartment in 16503 is around $700 per month.

Find an Apartment in 16503
Looking for apartments for rent in the 16503 zip code of Erie, PA? Look no further! Right now, there are 6 units available for rent in this area on Rentable. The average rent in 16503 is $750, with 1-bedroom units starting at $650.

The 16503 zip code offers a variety of housing options, from cozy studios to spacious multi-bedroom apartments. Whether you're a young professional or a growing family, you're sure to find a rental that suits your needs in 16503.

Ready to find your next rental? Take a look at Rentable's apartments near 16503 and discover the one that perfectly matches what you're looking for. With a range of floor plans and rental options, you're bound to find the ideal home in the 16503 area. Start your search today!

Erie:
December Rent Report

Welcome to the December 2024 Erie Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Erie rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Erie and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Erie average rent prices in the chart below.

Monthly Rent Report

$1,350
$1,010
$680
$340
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Erie Rent Prices Increase From November to December

Erie rent prices increased over the last month. From November to December, the city experienced a 7.6% increase for the price of a one-bedroom apartment. The rent price for a Erie one-bedroom apartments currently stands at $878.0.

When we take a look at the two-bedroom comparison from November to December, Erie experienced a 0.54% increase for the price of a two-bedroom apartment. The rent price for a Erie two-bedroom apartments currently stands at $1,116.0.

December Prices: Erie vs. Surrounding Areas

Erie (Millcreek), PA
Erie, PA
$1,956
$816
$0
$650
$1,300
$1,950
$2,600
Median 1 BR Rent

Rent Prices in Erie and Surrounding Areas

Rent prices have increased in Erie over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 1 of the Erie suburb increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Erie (Millcreek), PA .

  • Rents did not decrease in any of the Erie suburbs.

  • 1 suburb is currently priced higher than the city of Erie.

December 2024 Pricing Trends: Erie vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Erie, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$816
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Erie Rent Prices More Affordable Than Major Cities

Rent growth in Erie over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Erie average rent prices appear to be relatively affordable for local residents.

The price for a Erie one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Erie and surrounding area rent prices, take a look at the complete data set below.

Data set for Erie and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Erie, PA $816.0 3.16% $1,116.0 -2.11%
Erie (Millcreek), PA $1,956.0 1.03% $2,140.0 0.00%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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