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5+ Days Ago
Location
501 Walnut Street, #461, Erie, Pennsylvania 16507, United States|West Bayfront
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Property Overview
Situated in a vibrant community, this property offers proximity to a range of amenities, including 18 local event hubs and 106 restaurants within a mile, enhancing social life options. It is located close to a top-rated elementary school and a high school, making it convenient for educational access. Value considerations reveal it ranks highly for overall value and competitive price per square foot, making it an appealing choice in the area.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
- Elementary school nearby
Great for
Social life
Amenities for 501 Walnut Street, West Bayfront
Appliances
| Range | Refrigerator |
Building
| Enclosed Front Porch |
Services
| Landscaping | Snow Removal |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 501 Walnut Street
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Apartments in ErieWest Bayfront 501 Walnut Street, #461, Erie, Pennsylvania 16507, United States
Apartments in ErieWest Bayfront 501 Walnut Street, #461, Erie, Pennsylvania 16507, United States501 Walnut Street cost $895 per month. Located at 501 Walnut Street, #461, Erie, Pennsylvania 16507, United States, this unit has 3 bedrooms and 1 bathroom. Based on the average rent price of 3 bedrooms in Erie, renting this apartment is 24% cheaper per month.
501 Walnut Street is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 501 Walnut Street compares to other nearby properties.
Positives
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 2 miles away
- Elementary school nearby
- There is an elementary school 1 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | West Bayfront |
|---|---|
| Zip code | 16507 |
| Type | Apartment for rent |
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Available rentals nearby
Rent trends in West Bayfront
3-bedroom apartments at 501 Walnut Street cost about 28% less than the average rent price for 3-bedroom apartments in Erie.
Median rents as of Jan 31 2026.
West Bayfront
Erie
| Month | Median Rent |
|---|---|
| February 2024 | $1,225 |
| March 2024 | $1,275 |
| April 2024 | $1,237 |
| May 2024 | $1,233 |
| June 2024 | $1,338 |
| July 2024 | $1,357 |
| August 2024 | $1,300 |
| September 2024 | $1,318 |
| October 2024 | $1,393 |
| November 2024 | $1,375 |
| December 2024 | $1,412 |
| January 2025 | $1,411 |
| February 2025 | $1,397 |
| March 2025 | $1,370 |
| April 2025 | $1,365 |
| May 2025 | $1,306 |
| June 2025 | $1,331 |
| July 2025 | $1,414 |
| August 2025 | $1,471 |
| September 2025 | $1,282 |
| October 2025 | $1,180 |
| November 2025 | $1,170 |
| December 2025 | $1,186 |
| January 2026 | $1,196 |
| Month | Median Rent |
|---|---|
| January 2025 | $1,448 |
| February 2025 | $1,412 |
| March 2025 | $1,419 |
| September 2025 | $1,106 |
| October 2025 | $1,178 |
| November 2025 | $1,307 |
| December 2025 | $1,301 |
| January 2026 | $1,263 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 months ago | $895 |
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Internet available near 501 Walnut Street
Getting around #461 near 501 Walnut Street
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 501 Walnut Street, #461
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Nightlife
3/10
Some bars within walking distance
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Pet-friendly rentals nearby
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