Cheap Apartments for Rent in 16507
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PET FRIENDLYTotal price$1,935 - $2,235/mo
2 Beds
2 BathsLakehouse Luxury Apartments | 946 W 2nd St #101,
Erie, PA 16507
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Apartments For Rent Near 16507
We found 30 more apartments matching your filters just outside 16507
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Average Rent Trends in 16507
Rent in 16507 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,375 |
| Jul 2025 | $1,195 |
| Aug 2025 | $1,200 |
| Sep 2025 | $1,150 |
| Oct 2025 | $1,100 |
| Nov 2025 | $1,050 |
| Dec 2025 | $1,023 |
| Jan 2026 | $1,050 |
| Feb 2026 | $1,100 |
| Mar 2026 | $1,100 |
| Apr 2026 | $1,095 |
| May 2026 | $1,000 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $975 | $950 | $1,000 | — | $975 |
| Townhomes | — | $895 | $800 | — | $895 |
| Apartments and Condos | $695 | $825 | $975 | — | $900 |
| Houses | — | $1,200 | $1,250 | — | $1,250 |
Frequently Asked Questions about Rentals in 16507
- What is the average rent in 16507?The average rent in 16507 is $975. Rent prices range from $465 to as much as $2,900, depending on the type of rental.
- How does the rent in 16507 compare to the national average?Average rent in 16507 is about 49% lower than the national average rent of $1,910. That means it is less expensive to rent in 16507 compared to the U.S. average.
- What is the average rent in 16507, by number of bedrooms?The average rent in 16507 is $1,024 for a studio, $975 for a 1 bedroom, $950 for a 2 bedroom, $1,000 for a 3 bedroom, and $ for a 4 bedroom.
- How have rent prices in 16507 changed compared to last year?In the past year, the average rent price in 16507 has decreased by $125. That means the average rent is 13% lower than last year.
- How many available rental listings are in 16507?There are 39 available rental listings in 16507.
- What are some cities near 16507?Some nearby cities include: Erie, Harborcreek, Fairview, Mc Kean, North East, Waterford. These cities may have more rental options to explore.