Home prices
The median home cost in Erie is $89,100. Compared to nearby areas it is roughly $43,517 (32%) lower.Compared to the country as a whole it is about $128,400 (59%) lower.
Rents
The median monthly rent in Erie is $710. In comparison to its nearby areas it is roughly $152 (17%) lower.It is roughly $352 (33%) lower in comparison to the US as a whole.
Nearby places
Wesleyville
Wesleyville is Erie's neighbor to the northeast. The real estate prices there are a little less expensive. The median home in Wesleyville is valued at $82,600, which works out to $6,500 (7%) lower than Erie. Rent there is somewhat more expensive. Wesleyville's median monthly rent is $790, which comes out to $80 (10%) higher than Erie.
Lawrence Park
Lawrence Park is Erie's neighbor to the northeast. Housing prices there are a little more expensive. The median home cost in Lawrence Park is $104,900, which works out to $15,800 (15%) higher than Erie. Rent there is somewhat more expensive. The median monthly rent in Lawrence Park is $896, which is $186 (20%) higher than Erie.
Northwest Harborcreek
Northwest Harborcreek is Erie's neighbor to the northeast. The housing prices there are substantially more expensive. The median home in Northwest Harborcreek costs $163,300, which is $74,200 (45%) higher than Erie. Its rents are a little more expensive. In Northwest Harborcreek the median monthly rent is $807, which works out to $97 (12%) higher than Erie.
McKean
McKean is approximately 8 miles south of Erie. Housing prices there are substantially more expensive. McKean's median home price is $136,800, which comes out to $47,700 (34%) higher than Erie. Its rents are a bit more expensive. The median monthly rent in McKean is $800, which works out to $90 (11%) higher than Erie.
Avonia
Avonia is roughly 10 miles southwest of Erie. The housing prices there are significantly more expensive. The price of the median home in Avonia is $170,600, which comes out to $81,500 (47%) higher than Erie. Rent there is substantially more expensive. Avonia's median rent is $1,073 a month, which works out to $363 (33%) higher than Erie.
Waterford
Waterford is roughly 11 miles south from Erie. Its housing prices are a lot more expensive. The median home in Waterford costs $137,500, which is $48,400 (35%) higher than Erie. Rents there are a bit more expensive. The median monthly rent in Waterford is $809, which works out to $99 (12%) higher than Erie.