Market Summary

Erie, Erie County, PA

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Median Home Price Price

$187,470 $187.5K

Median Monthly Rent Rent

$1,088 $1.1K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Erie County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within PA outside of Erie County

Region Price Rent GRM Display
$234,581 $1,391 14.0x
$932,899 $1,126 69.0x
$184,272 $980 16.0x
$267,125 $1,319 17.0x
$299,156 $1,496 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of PA

Region Price Rent GRM Display
$157,293 $1,087 12.0x
$236,508 $1,192 17.0x
$184,491 $985 16.0x
$228,550 $1,093 17.0x
$289,785 $1,016 24.0x
$179,792 $1,187 13.0x
$248,404 $1,043 20.0x
$236,228 $1,054 19.0x
$197,046 $1,413 12.0x
$209,448 $1,166 15.0x
$324,184 $1,743 16.0x
$200,170 $1,015 16.0x
$222,586 $1,279 14.0x
$235,848 $1,019 19.0x
$330,309 $1,210 23.0x
$201,705 $1,413 12.0x
$228,428 $1,289 15.0x
$211,362 $1,009 17.0x
$271,116 $1,741 13.0x
$195,664 $1,246 13.0x
$344,466 $1,175 25.0x
$239,943 $1,494 13.0x
$175,326 $1,122 13.0x
$210,353 $1,268 14.0x
$373,085 $995 31.0x
$219,263 $1,089 17.0x
$292,825 $1,823 13.0x
$215,190 $1,107 16.0x
$178,025 $1,029 14.0x
$199,169 $1,377 12.0x
$298,287 $1,463 17.0x
$128,930 $1,065 10.0x
$166,057 $1,131 12.0x
$150,035 $1,066 12.0x
$238,207 $1,401 14.0x

Home prices

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Monthly rent

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GRM

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Erie

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Trend Insights

Median Rent in Erie, PA is $1,088, with MoM change +$13 and YoY change +$109 pointing to positive momentum while volatility is low (std $28).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Erie, PA.

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Metric
Base market Erie, PA
Compare market Select a market
Delta vs base
Median rent
$1,088
N/A
Median price
$187,470
N/A
YoY change
+$109
N/A
Price-to-rent
14.4x
Data unavailable
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