Last updated
Average Rent in Erie 16502 & Rent Trends
Rent prices and market trends across 1 apartment community in Erie 16502, Erie, PA. Updated daily.
Market Average
$1,142/mo
▲ +14.4% from last month
Lowest Available
$1,142/mo
cheapest unit on market
Communities
1
tracked daily
Units Listed
1
available now
Erie 16502 vs Erie, PA Average
Erie 16502 is more expensive the Erie, PA average by $5/mo (0%). The citywide average is $1,137/mo across all neighborhoods.
Is Rent Going Up or Down in Erie 16502?
As of May 2026, the average rent in Erie 16502 is $1,142 per month across 1 apartment community and 1 available units. Rents have increased $128 (14.4%) over the past month.
The most affordable option is Highpoint Towers Apartments starting at $1,142/mo. By unit type, a 2-bedroom averages $1,142/mo.
Prices range from $1,142 to $1,142 per month. The most common price point is the $1,000 range, where 1 units are currently listed.
Erie 16502 Rent Price History
Rent by Bedroom Type in Erie 16502
Rent Prices by Apartment in Erie 16502
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Highpoint Towers Apartments | $1,142/mo | $1,142/mo | 1 | 4 |
Google Search Trends for Erie 16502 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Erie 16502
What is the average rent in Erie 16502?
Is rent going up or down in Erie 16502?
What is the cheapest apartment in Erie 16502?
How many apartments are available in Erie 16502?
What salary do I need to live comfortably in Erie 16502?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$46,000/year
30 percent rule -- using our average rent of $1,142/mo.
Comfortable income
$55,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
Median household income in Erie 16502 is $43,397 , about 21% below the comfortable-living threshold.
Cost of living in Erie 16502
Overall prices in Erie 16502 runs below the national average by about 8% (BEA Regional Price Parity index 91.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Erie 16502's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,142 |
| Utilities | $265 |
| Groceries | $531 |
| Transportation | $631 |
| Healthcare | $308 |
| Other goods and services | $493 |
| Estimated total | $3,370/mo |
Population
94,156
Median household income
$43,397
Census median rent
$836/mo
Rent as % of income
33.1%
Median age
34.9
Mean commute
19 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Erie 16502 Apartments
Browse all 1 communities with daily-updated pricing and availability.