Department of Numbers

Erie County Pennsylvania Residential Rent and Rental Statistics

The median monthly gross residential rent in Erie County PA was $719 in 2017 according to the Census ACS survey.1 Average gross rent in Erie County was $742 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Erie County median and average rent data will be released in September of 2019.

Data is also available below for Erie County rental vacancy rates, Erie County rent as a percent of median income and the fraction of renters in Erie County.

Show dollars as: Nominal Real

Real Gross Rent in Erie County Pennsylvania (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Pennsylvania Median Gross Rent $893 -0.22% +2.88%
Erie County PA Median Gross Rent $719 +0.70% +1.13%

Erie County PA Real Gross Rent Trends

Median gross rent for Erie County peaked in real terms in 2015 at $721 and is now $2 (0.28%) lower. Average gross rent for Erie County peaked in real terms in 2015 at $753 and is now $11 (1.46%) lower.

Real Gross Rent: Erie County PA Median, Erie County PA Average, Pennsylvania Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Erie County

Date US
Median
Pennsylvania
Median
Erie County PA
Median
Erie County PA
Average
2017 $1,012 $893 $719 $742
2016 $996 $895 $714 $726
2015 $987 $893 $721 $753
2014 $956 $868 $711 $713
2013 $924 $846 $712 $702
2012 $912 $823 $677 $716
2011 $912 $823 $657 $684
2010 $927 $827 $678 $687
2009 $931 $816 $643 $636
2008 $947 $834 $702 $712
2007 $899 $781 $638 $635
2006 $909 $791 $665 $657

Erie County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Erie County Pennsylvania was 9.01% according to Census ACS data.

Rental Vacancy Rate in Erie County Pennsylvania

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Pennsylvania 5.84% +0.07% -0.56%
Erie County PA 9.01% +1.94% +0.97%

Trends in Erie County PA Rental Vacancy Rate

The rental vacancy rate in Erie County peaked in 2007 at 10.98%. Since then it has fallen by 1.97% to 9.01%. Data records for this series originated in 2005. From a 2009 post peak low of 5.41%, the rental vacancy rate has increased by 3.60%.

Rental Vacancy Rate: Erie County PA, Pennsylvania, US

Rental vacancy rate in Pennsylvania

Historical Rental Vacancy Rate data for Erie County

Date US Pennsylvania Erie County PA
2017 6.18% 5.84% 9.01%
2016 5.89% 5.77% 7.07%
2015 5.85% 5.77% 7.11%
2014 6.32% 6.40% 8.04%
2013 6.49% 5.78% 6.03%
2012 6.77% 5.88% 6.16%
2011 7.40% 6.13% 5.48%
2010 8.17% 6.47% 7.62%
2009 8.43% 6.80% 5.41%
2008 7.86% 6.65% 9.05%
2007 7.87% 7.34% 10.98%
2006 7.70% 8.09% 5.64%

Rent as a Fraction of Income

Using median household income data for Erie County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Erie County, median monthly gross rent as a fraction of median household income was 17.05% in 2017 according to the ACS.

Erie County Pennsylvania Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Pennsylvania 18.10% -0.47% -1.01%
Erie County PA 17.05% -0.18% -1.23%

Trends in Erie County PA Rent as a Fraction of Income

The fraction of median Erie County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 18.88%. Since then it has fallen by 1.84% to 17.05%.

Fraction of Income towards Rent: Erie County PA, Pennsylvania, US

Percent of median household income going towards median monthly gross rent in Erie County Pennsylvania

Historical Data for Annual Rent as a Fraction of Income in Erie County Pennsylvania

Date US Pennsylvania Erie County PA
2017 20.13% 18.10% 17.05%
2016 20.43% 18.58% 17.23%
2015 20.63% 18.70% 17.75%
2014 20.89% 19.12% 18.28%
2013 20.78% 19.11% 18.88%
2012 20.65% 18.69% 16.91%
2011 20.70% 18.78% 17.92%
2010 20.50% 18.58% 17.67%
2009 20.12% 17.88% 16.28%
2008 19.00% 17.18% 16.57%
2007 18.66% 16.92% 15.85%
2006 18.90% 17.22% 16.89%

Renter Fraction in Erie County Pennsylvania

You can calculate the renter fraction in Erie County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Erie County as a fraction of total Erie County households. In 2017 33.44% of households were renters according to Census ACS data.

Erie County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Pennsylvania 31.70% +0.20% +0.53%
Erie County PA 33.44% -0.54% -0.23%

Trends in the Erie County PA Renter Fraction

The Erie County household renter fraction peaked in in 2015 at 35.94% and is now 2.50% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Erie County PA, Pennsylvania, US

Fraction of renters in Erie County

History of Erie County Renter Fraction

Date US Pennsylvania Erie County PA
2017 36.13% 31.70% 33.44%
2016 36.88% 31.50% 33.98%
2015 36.97% 31.28% 35.94%
2014 36.90% 31.17% 33.67%
2013 36.50% 31.05% 31.87%
2012 36.09% 31.09% 34.56%
2011 35.42% 30.51% 33.77%
2010 34.65% 29.87% 33.26%
2009 34.13% 29.48% 30.22%
2008 33.36% 29.15% 30.68%
2007 32.80% 28.36% 28.93%
2006 32.73% 28.28% 31.31%

1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability.

2. Real dollars are calculated using the CPI-U less shelter series.

3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied.