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Average Rent in Little Italy & Rent Trends

Rent prices and market trends across 3 apartment communities in Little Italy, Erie, PA. Updated daily.

Market Average

$1,159/mo

▲ +0.3% from last month

Lowest Available

$725/mo

cheapest unit on market

Communities

3

tracked daily

Units Listed

14

available now

Little Italy vs Erie, PA Average

Little Italy is more expensive the Erie, PA average by $22/mo (2%). The citywide average is $1,137/mo across all neighborhoods.

Is Rent Going Up or Down in Little Italy?

As of May 2026, the average rent in Little Italy is $1,159 per month across 3 apartment communities and 14 available units. Rents have increased $3 (0.3%) over the past month.

The most affordable option is Walker Roses Development starting at $725/mo. By unit type, a studio averages $1,108/mo, a 1-bedroom averages $785/mo, a 2-bedroom averages $1,176/mo, a 3-bedroom averages $1,425/mo.

Prices range from $725 to $1,500 per month. The most common price point is the $1,200 range, where 4 units are currently listed.

Little Italy Rent Price History

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Little Italy

Studio
$1,108
from $725 · 3 units
1 Bed
$785
from $774 · 2 units
2 Bed
$1,176
from $990 · 6 units
3 Bed
$1,425
from $1,275 · 3 units

Rent Prices by Apartment in Little Italy

Property Starting at Average Units Rating
Walker Roses Development $725/mo $925/mo 5 4.9
Richford Arms Apartments $774/mo $774/mo 1 3.4
Bauer Property Management - Housing $1,100/mo $1,353/mo 8 4.4

Google Search Trends for Little Italy Apartments

Search interest for apartments in this area over the past 12 months.

Search Interest Over Time

Frequently Asked Questions About Rent in Little Italy

What is the average rent in Little Italy?
The average rent in Little Italy is $1,159 per month as of May 2026, based on 14 units across 3 apartment communities.
Is rent going up or down in Little Italy?
Rent in Little Italy has increased $3 (0.3%) over the past month. The current average is $1,159/mo.
What is the cheapest apartment in Little Italy?
The most affordable apartment in Little Italy is Walker Roses Development with units starting at $725/mo.
How much is a 1-bedroom apartment in Little Italy?
A 1-bedroom apartment in Little Italy averages $785/mo, with prices starting at $774/mo across 2 available units.
How many apartments are available in Little Italy?
There are 14 units available across 3 apartment communities in Little Italy.

What salary do I need to live comfortably in Little Italy?

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 $1,159/mo.

Comfortable income

$56,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($725/mo), you need to earn at least $29,000/year.

Median household income in Little Italy is $43,397 , about 22% below the comfortable-living threshold.

Cost of living in Little Italy

Overall prices in Little Italy 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 Little Italy's regional price parities.

Category Monthly estimate
Rent (market average) $1,159
Utilities $265
Groceries $531
Transportation $631
Healthcare $308
Other goods and services $493
Estimated total $3,387/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.

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