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Erie, PA

Full City Profile · Pennsylvania · Erie County County

2.9 /5.0
C+ Fair
94,156 Population 4,922/sq mi density
$43,397 Median Income $26,034 per capita
$108,200 Home Value $194,885 Zillow
$836 Median Rent 33.1% income on rent
52°F Avg Temperature 248 sunny days/yr
497 Violent Crime/100K 1,896 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$43,397 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$108,200 home value, $836/mo rent
F
Safety
1.0 / 5.0
497 violent crimes/100K (31% above avg)
C+
Education
2.8 / 5.0
22.3% bachelor's degree or higher

Housing Overview

Median Home Value
$108,200
62% below
US avg: $281,900
Median Rent
$836/mo
28% below
US avg: $1,163/mo
Homeownership Rate
53.0%
19% below US avg (65.4%)
Total Housing Units
43,489
Median year built: 1950

Home Value by Source

Census Median
$108,200
Zillow (ZHVI)
$194,885
Median Sale Price
$146,700
Median List Price
$122,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

53.0%
Owner-Occupied
47.0%
Renter-Occupied
53%
47%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$836/mo
1 Bedroom
$945/mo
2 Bedroom
$1,212/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,683/mo
Census median rent: $836/mo · Zillow rent: $1,038/mo

Market Indicators (Redfin)

Median Days on Market
31 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
46
Price Drops
17.7%
of listings with price reduction
Price Per Sq Ft
$110
Active Inventory
96
homes for sale

Affordability & Housing Stock

Rent Burden
33.1%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1950
Average age of housing stock: 76 years
Homeownership Rate
53.0%

Complete Housing Data

Home Values

Census Median Value$108,200
Zillow Home Value (ZHVI)$194,885
Median Sale Price$146,700
Median List Price$122,450
Price Per Sq Ft$110

Rent

Census Median Rent$836
Zillow Rent (ZORI)$1,038
FMR Studio$836
FMR 1-Bedroom$945
FMR 2-Bedroom$1,212
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,683

Market

Days on Market31
Sale-to-List Ratio1.0%
Price Drops17.7%
Homes Sold46
Active Inventory96
Price Per Sq Ft$110

Ownership & Stock

Owner-Occupied53.0%
Renter-Occupied47.0%
Homeownership Rate53.0%
Total Housing Units43,489
Median Year Built1950
Rent Burden33.1%