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Updated 5+ Days Ago
Location
515 East 5th Street, Erie, Pennsylvania 16507, United States|East Bayfront
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 515 East 5th Street
515 East 5th Street cost $900 per month. Located at 515 East 5th Street, 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 25% cheaper per month.
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 East 5th 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
Address details
| Neighborhood | East Bayfront |
|---|---|
| Zip code | 16507 |
| Type | Apartment for rent |
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Available rentals nearby
Rent trends in East Bayfront
3-bedroom apartments at 515 East 5th Street cost about 10% less than the average rent price for 3-bedroom apartments in Erie.
Median rents as of Aug 8 2026.
East Bayfront
Erie
| Month | Median Rent |
|---|---|
| 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 |
| February 2026 | $1,180 |
| March 2026 | $1,185 |
| April 2026 | $1,256 |
| May 2026 | $1,270 |
| June 2026 | $1,277 |
| July 2026 | $1,230 |
| August 2026 | $1,195 |
| Month | Median Rent |
|---|---|
| October 2025 | $850 |
| January 2026 | $1,050 |
| February 2026 | $1,018 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 8 months ago | $900 |
Schools near 515 East 5th Street
Pfeiffer-Burleigh Elementary School
235 e 11th st
erie, PA, 16503
PK, K-5Public
C
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Internet available near 515 East 5th Street
Getting around Erie near 515 East 5th Street
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 East 5th Street, 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
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