5+ Days Ago
Location
515 E 5th St, Erie, PA 16507, USA|East Bayfront
Tour 515 E 5th St
Contact
Western Pennsylvania Real Estate Property Management LLC
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About 515 E 5th St
515 E 5th St cost $950 per month. Located at 515 E 5th St, Erie, PA 16507, USA, this unit has 3 bedrooms and 1 bathroom. Based on the average rent price of 3 bedrooms in Erie, renting this apartment is 14% cheaper per month.Other available apartments to lease near Erie around the same price include but are not limited to: 461/501 Walnut Street, 1139 West 36th Street, 911 Moorheadville Rd
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 515 E 5th St compares to other nearby properties.
Positives
- High school nearby
- There is a high school 2 miles away
- Elementary school nearby
- There is an elementary school 1 mile away
- More space
- The 3-bedroom is 900 sqft larger than other listings nearby
Address details
| Neighborhood | East Bayfront |
|---|---|
| Zip code | 16507 |
| Type | Apartment for rent |
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Rent trends in East Bayfront
3-bedroom apartments at 515 E 5th St cost about 12% more than the average rent price for 3-bedroom apartments in Erie.
Median rents as of Nov 29 2025.
East Bayfront
Erie
| Month | Median Rent |
|---|---|
| December 2023 | $1,100 |
| January 2024 | $1,147 |
| 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 |
| Month | Median Rent |
|---|---|
| October 2025 | $850 |
Affordability calculator
Can I afford to live at 515 E 5th St?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$38,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $38,000 annually to afford this 3-bedrooms monthly rent price of $950.
For more information on rent affordability, visit our rent calculator.
Schools near 515 E 5th St
Pfeiffer-Burleigh Elementary School
235 e 11th st
erie, PA, 16503
PK, K-5Public
C
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Internet available near 515 E 5th St
Getting around Erie near 515 E 5th St
Walking
6/10
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 515 E 5th St, Erie
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Nightlife
4/10
Some bars within walking distance
Explore the area around 515 E 5th St
U K Supermarket
1105 Parade St
New Sara's Market
460 E 12th St
Global Market of PA
718 East Ave
Haider Al Jayashi State Market
1027 State St
Serafin's Food Market
601 E 24th St
Family Dollar
155 E 12th St
Metro Center Inc
252 W 11th St
Family Dollar
450 W 8th St
Press Supply LLC
502 W 7th St
Family Dollar
2307 State St
Ember+Forge
401 State St
Tim Hortons
209 E 12th St
Andora's Bubble Tea Shop
516 State St
Out of the Grey Coffee
900 State St
Mighty Fine Donuts
2612 Parade St
Czartoryski Cafe
302 Parade St
Erie Arena Sports Bar
723 French St
Sullivan's Pub & Eatery
301 French St
U Pick 6
333 State St
MOLLY BRANNIGAN'S
506 State St
Ye Ole Sweet Shoppe
402 State St
International Bakery
610 W 18th St
It Takes the Cake
3018 State St
Walmart Bakery
2711 Elm St
GNC
3502 Liberty St
Czartoryski Cafe
302 Parade St
Denny's Ice Cream Stand
929 Parade St
Nasty Winkle
320 E 10th St
Little Caesars
1025 Parade St
Hunt Brothers Pizza
1029 Parade St
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- dogs and cats ok
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- dogs and cats ok
- dishwasher
- on-site laundry
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- on-site laundry
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- dishwasher
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Check availability
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