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City · 93,850 residents · Erie County, Pennsylvania

Erie , Pennsylvania

In Erie, a typical home is worth $115,200 and typical rent is $870 a month. Compared with all of Erie County, the typical home value is 35% lower, typical household income is 27% lower, and the share of households that own their home is 14 points lower.

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  • Typical home value

    $115,200

    35% below the county

    55% below Pennsylvania

    • Erie
    • County
    • Pennsylvania

  • Typical rent

    $870a month

    4% below the county

    28% below Pennsylvania

    • Erie
    • County
    • Pennsylvania

  • Typical household income

    $46,113a year

    27% below the county

    41% below Pennsylvania

    • Erie
    • County
    • Pennsylvania

  • Households that own their home

    54%

    14 points below the county

    15 points below Pennsylvania

    • Erie
    • County
    • Pennsylvania

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$204,067
4.5% more than 12 months ago
Typical rent
$1,098 a month
2.7% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Erie is in Erie County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Erie County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Erie apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in Titusville, the typical home value is $79,200: 31% less than in Erie ($115,200).

  2. The typical home in Erie is worth $115,200, 35% less than in Erie County as a whole ($177,000).

  3. Nearby, in Titusville, the typical rent is $662: 24% less than in Erie ($870).

  4. The typical household income in Erie is $46,113, 27% less than in Erie County as a whole ($63,354).

  5. 54% of households in Erie own their home, against 68% in Erie County.

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Erie

What homes there are in Erie, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is still the most common home in Erie, but it weighs less than in Erie County: 61% against 68%.

Year built

The typical home in Erie was built in 1949, 15 years before the typical one in Erie County.

Homes in Erie are smaller: 56% have 3 bedrooms or more; in Erie County, 64%.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes

The FHA limit for Erie County is high ($541,287): at least 99% of owner-occupied homes in Erie are worth less than $500,000.

Monthly rent with utilities

HUD's 2-bedroom fair market rent (FMR) for Erie County is $1,091; about 70% of rents in Erie are below it.

With a mortgage

$1,139 a month

Erie County: $1,393 a month

Without a mortgage

$517 a month

Erie County: $572 a month

Owners with a mortgage

55%

Erie County: 53%

In Erie, 55% of owners have a mortgage, and their typical cost is $1,139 a month, against $1,393 in Erie County. Without one it drops to $517.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Erie rose 29% since 2015–2019, about the same as in Erie County (32%).

Rents in Erie rose at about the same pace as in Erie County: 23% since 2015–2019, against 20%.

While home values in Erie changed +29% and rent +23%, the typical household income rose 22%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureErieErie CountyPennsylvaniaUnited States
Rental vacancy 7.9%7.3%4.9%5.5%
Homeowner vacancy Unreliable estimate0.9%0.8%0.9%
More than one person per room 1.6%1.1%1.6%3.4%
People per household 2.202.312.392.53
Drive alone 69%75%68%69%
Carpool 11%9%8%9%
Public transit 2%1%4%3%
Walk or bike 7%4%4%3%
Work from home 8%9%16%15%
Other means 3%2%1%2%
Typical commute 10 to 19 minutes10 to 19 minutes20 to 29 minutes20 to 29 minutes

In Erie, the rental vacancy rate is 7.9%, about the same as in Erie County.

More than one person per room: that is how 1.6% of households in Erie live, near the figure in Erie County (1.1%).

A household in Erie has 2.20 people on average, about the same as in Erie County (2.31).

In Erie, 69% of workers drive alone to work; in Erie County, 75%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Erie?

A typical home is within reach of the typical income

We start with a typical home in Erie, worth $115,200, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 28% of the typical household income in Erie, which is $46,113 a year.

The calculator's FHA and conventional loan limits are those of all of Erie County.

Your numbers

Local data
$

Starts at the typical home value in Erie. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,032 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,074

at 7.18% · 30 years

Loan amount
$113,113
Total interest
$162,744
Paid off in
November 2056

Includes $1,945 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $1,076 a month

    Your payment · 28%

  • Tight

    $1,076 to $1,383 a month

  • Hard

    more than $1,383 a month

Compared with the typical household income in Erie ($46,113 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,074
Principal & interest$766
Property tax$209
Home insurance$48
FHA mortgage insurance (MIP)$51

You need at least $4,032 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Erie and Erie County

Erie is in Erie County, Pennsylvania. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Erie's own numbers

Typical home value
$115,200
Typical monthly rent
$870
Typical yearly household income
$46,113
Households that own their home
54%
Effective property tax rate
2.18%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Erie County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,091
Price change over 5 years (FHFA)
+59%
Homes in a high flood-risk zone
0.7%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Erie County.

Everything about Erie County

Buying

Buying a home in Erie

A typical home in Erie is worth $115,200: 35% below the county and 55% below Pennsylvania. With the typical household income in Erie ($46,113 a year), a typical home costs 2.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Erie 2.5 years
  • County 2.8 years
  • Pennsylvania 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Erie County

According to FHFA’s house price index, home prices in Erie County rose 78% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Erie County.

Period County Pennsylvania U.S.
Last year (2025) +8.8% +4.7% +2.9%
5 years (2020–2025) +59% +48% +47%
10 years (2015–2025) +78% +77% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Erie next to Erie County, Pennsylvania and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Erie $115,200
  • County $177,000
  • Pennsylvania $254,500
  • United States $332,700
Typical monthly rent
  • Erie $870
  • County $904
  • Pennsylvania $1,209
  • United States $1,413
Typical yearly household income
  • Erie $46,113
  • County $63,354
  • Pennsylvania $77,971
  • United States $80,734
See the full table
Erie next to Erie County and Pennsylvania
Measure Erie Erie County Pennsylvania U.S.
Typical home value $115,200 $177,000 $254,500 $332,700
Typical monthly rent $870 $904 $1,209 $1,413
Typical yearly household income $46,113 $63,354 $77,971 $80,734
Households that own their home 54% 68% 69% 65%
Typical yearly property tax $2,516 $2,830 $3,311 $3,119
Effective property tax rate 2.18% 1.6% 1.3% 0.94%
Renters with high rent for their income 55% 49% 48% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Erie County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Erie

For a typical $115,200 home in Erie, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Erie's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,075a month

    Least cash to close
    Down payment
    $4,032
    Cash to close
    $7,488
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $51

  • Conventional, 5% down $1,053a month

    Down payment
    $5,760
    Cash to close
    $9,216
    Rate
    7.18%
    Mortgage insurance
    PMI · $55

  • Conventional, 20% down, no PMI $882a month

    Down payment
    $23,040
    Cash to close
    $26,496
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $988a month

    Down payment
    $17,280
    Cash to close
    $20,736
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Erie and for Erie County.

Property tax

Effective rate in Erie

2.18%of the home’s value each year

$2,516 a year for the typical owner in Erie.

  • Erie 2.18%
  • County 1.6%
  • Pennsylvania 1.3%

What Pennsylvania publishes Property Tax/Rent Rebate Program (PTRR) (Pennsylvania Department of Revenue)

Exemptions and deadlines in Pennsylvania

Flood risk in Erie County

FEMA does not publish these numbers by city: they are for all of Erie County.

Homes in the high-risk zone
0.7%
645
Of those, with NFIP insurance
27%
County Pennsylvania U.S.
Homes in the high-risk zone 0.7% 2% 3.5%
Of those, with NFIP insurance 27% 23% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Erie

Typical rent in Erie is $870 a month: 4% below the county. In Erie, 55% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Erie County, by unit size. To pay the 2-bedroom one ($1,091 a month) without spending more than 30% of your income, you would need to earn $20.98 an hour working full time.

HUD fair market rent for all of Erie County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $753 $14.48 $30,120
1 bedroom $851 $16.37 $34,040
2 bedrooms $1,091 $20.98 $43,640
3 bedrooms $1,350 $25.96 $54,000
4 bedrooms $1,564 $30.08 $62,560

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Erie

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Erie has 8 ZIP codes with their own.

For 2 bedrooms it runs from $1,100 in 16501 to $1,200 in 16546.

8 of the 8 are above the fair market rent for Erie County ($1,091).

  • 16501 $1,100$1,350
  • 16502 $1,100$1,350
  • 16503 $1,100$1,350
  • 16504 $1,200$1,490
  • 16507 $1,170$1,450
  • 16508 $1,100$1,350
  • 16546 $1,200$1,490
  • 16550 $1,100$1,350

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Erie when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Erie

HUD lists 56 buildings with rents for lower incomes in Erie. These are the largest.

  • Horan Garden Apts. 1932 Bird Dr, Erie 16510 492 homes, 479 low-income · Run by Housing Authority of the City of Erie · Average payment: $444 a month · Average wait: 19 months (814) 452-2425
  • Harbor Homes 1819 E 18th St, Erie 16510 428 homes, 424 low-income · Run by Housing Authority of the City of Erie · Average payment: $500 a month · Average wait: 21 months (814) 452-2425
  • Lake City 318 E 17th St, Erie 16503 327 low-income homes · Run by Housing Authority of the City of Erie · Average payment: $526 a month · Average wait: 22 months · Homes at several sites (814) 452-2425
  • Friendship Apts. 111 E 11th St, Erie 16501 200 low-income homes · Run by Housing Authority of the City of Erie · Average payment: $329 a month · Average wait: 21 months (814) 452-2425
  • Joseph A. Schmid Towers 153 E 6th St, Erie 16501 200 homes, 193 low-income · Run by Housing Authority of the City of Erie · Average payment: $339 a month · Average wait: 24 months (814) 452-2425

See all 73 buildings in Erie County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Erie

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 2 HUD-approved agencies with an office in Erie County; 1 says it serves in Spanish.

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Erie

No down payment, repair or rent-help program on our list is for Erie or Erie County. The ones below are statewide in Pennsylvania: they work in Erie the same as in the rest of the state.

Which programs do I qualify for? All programs in Pennsylvania

Housing counselors near Erie

The HUD-approved agencies closest to the center of Erie, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Saint Martin Center, Inc

    1701 Parade St, Erie · 0 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    814-452-6113-213

  • Greater Erie Community Action Agency

    18 W 9th St, Erie · 1 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (814) 459-4581

  • Center for Family Services, Incorporated

    996 S Main St, Meadville · 33 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (814) 337-8450

Every agency in Erie County All counseling agencies in Pennsylvania

Help in Spanish near Erie

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Erie

HUD’s record names them for Erie or Erie County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

  • Housing Authority of the City of Erie Public housing and Section 8 vouchers (814) 452-2425
  • Housing Authority of the County of Erie Public housing and Section 8 vouchers (814) 665-5161

All housing agencies in Pennsylvania Source: HUD

Cities

Other cities in Erie County

These cities are also in Erie County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Erie County Housing in Pennsylvania

Nearby cities

The cities closest to Erie, with the typical home value.

Neighboring counties

If Erie County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Erie.

All guides
A mother and her daughters smile together on a mountain trail with a snowy peak behind them.

Questions

Housing questions about Erie

Short answers with the numbers for Erie and all of Erie County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Erie?

The typical home value in Erie is $115,200, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Erie County it is $177,000.

How much does it cost to rent in Erie?

Typical rent in Erie is $870 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Erie County is $1,091.

What is the FHA loan limit in Erie?

Erie uses the FHA limit for all of Erie County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Erie?

The typical homeowner in Erie pays $2,516 a year, according to the U.S. Census Bureau. That is 2.18% of the home’s value; in Erie County, the rate is 1.6%.

Where can I find free help to buy or rent in Erie?

There are 2 HUD-approved counseling agencies with an office in Erie County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).