Updated 5+ Days Ago
Highlights
Pet Friendly
Location
550 E 5th St #1, Erie, PA 16507, USA|East Bayfront
Tour 550 E 5th St #1
Contact
Remax Lakeland Realty
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Amenities for 550 E 5th St #1, East Bayfront
Building
| Cats OK | Dogs OK |
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 550 E 5th St #1
Sweet deal!
This listing is 20% below the median price for 3 bedroom apartments in East Bayfront.
We do work with section 8 and other programs Must make 3x the rent No evictions the past 3 years Pets allowed $250 non refundable fee then $50 per month per pet. With a 2 pet maximum. For upper units animals must be 25lbs or less. We do require first and double security deposit. ( one security deposit is returned after year renewal) We do not repair or replace appliances Yearly maintenance fee ( $12.50 per month ) For a showing please text Larissa at 814-529-3003 please TEXT for fastest response
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 550 E 5th St, Erie, PA 16507, USA compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- High school nearby
- There is a high school 2 miles away
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 550 E 5th St #1 cost about 20% less than the average rent price for 3-bedroom apartments in Erie.
Median rents as of Aug 1 2026.
East Bayfront
Erie
| Month | Median Rent |
|---|---|
| August 2024 | $1,283 |
| 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 |
Affordability calculator
Can I afford to live at 550 E 5th St #1?
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
$32,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 3-bedrooms monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $700 | 2 bed | 1 bath |
Schools near 550 E 5th St #1
Pfeiffer-Burleigh Elementary School
235 e 11th st
erie, PA, 16503
PK, K-5Public
C
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Internet available near 550 E 5th St #1
Getting around Erie near 550 E 5th St #1
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 550 E 5th St #1, Erie
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
4/10
Variety of shops within a short drive
Cafes
4/10
Some cafés within a short drive
Restaurants
6/10
Variety of restaurants within a short drive
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
7/10
Wide variety of bars within a short drive, including some within walking distance
Other units at this address
550 E 5th St, Erie, PA
550 E 5th St Erie, PA
Occupied
2
2 Beds
1 Bath
$700
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Check availability
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