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502 E 2nd St, Erie, PA 16507, USA|East Bayfront
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Management

ABL I, LLC

Leasing office

(814) 969-4742

Floor plans

2BR/1.0BA2 bed1 bath$1,300 /mo1 unit availableEnjoy life in this all-new downstairs 2 bedroom apartment. All new drywall, paint, flooring, light and plumbing fixtures. Apartment is spacious and open-plan with large living room, dining room with tall ceilings which make the space seem large. New remote-controlled ceiling fan in living room. There is brand new professionally installed vinyl plank throughout and new carpeting in the two bedrooms and closets The bath with shower and newer sink and cabinet. New steel entry doors for peace of mind. Located right behind a city playground and baseball field, this apartment is close to Erie Insurance, PA Soldiers' and Sailors' home, the Gertrude Barber Center and minutes to downtown and all the bayfront has to offer. Tenants pay $25 per bedroom per month towards water, sewer, and trash and pay overages as rent. Tenants responsible for gas and electric. We require a rental application, references, sufficient income, a 1 year lease, and a 1 month security deposit.

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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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Building details

Property details

Units2
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About 502 E 2nd St

HomeApartments in ErieEast Bayfront 502 E 2nd St

Enjoy life in this all-new downstairs 2 bedroom apartment. All new drywall, paint, flooring, light and plumbing fixtures. Apartment is spacious and open-plan with large living room, dining room with tall ceilings which make the space seem large. New remote-controlled ceiling fan in living room. There is brand new professionally installed vinyl plank throughout and new carpeting in the two bedrooms and closets The bath with shower and newer sink and cabinet. New steel entry doors for peace of mind. Located right behind a city playground and baseball field, this apartment is close to Erie Insurance, PA Soldiers' and Sailors' home, the Gertrude Barber Center and minutes to downtown and all the bayfront has to offer. Tenants pay $25 per bedroom per month towards water, sewer, and trash and pay overages as rent. Tenants responsible for gas and electric. We require a rental application, references, sufficient income, a 1 year lease, and a 1 month security deposit.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very Good
With a solid 8.1 out of 10 overall, 502 E 2nd St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 502 E 2nd St has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated 502 E 2nd St
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
502 E 2nd St stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 502 E 2nd St is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
502 E 2nd St is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 502 E 2nd St does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

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 502 E 2nd St compares to other nearby properties.

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away

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Rent trends in East Bayfront

2-bedroom apartments at 502 E 2nd St cost about 53% more than the average rent price for 2-bedroom apartments in East Bayfront.

Median rents as of Dec 27 2025.
East Bayfront
Erie
A table of 2-bedroom apartment rental data trends in Erie
MonthMedian Rent
January 2024$935
February 2024$952
March 2024$955
April 2024$1,080
May 2024$1,200
June 2024$1,086
July 2024$1,100
August 2024$1,100
September 2024$1,119
October 2024$1,168
November 2024$1,202
December 2024$1,216
January 2025$1,234
February 2025$1,207
March 2025$1,120
April 2025$1,046
May 2025$1,158
June 2025$1,161
July 2025$1,100
August 2025$1,112
September 2025$1,117
October 2025$1,155
November 2025$1,100
December 2025$1,050
A table of 2-bedroom apartment rental data trends in East Bayfront
MonthMedian Rent
February 2024$750
March 2024$793
May 2025$900
August 2025$841
September 2025$870
November 2025$887
December 2025$862

Affordability calculator

Can I afford to live at 502 E 2nd St?

Bedrooms

2 bedrooms

Rent-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

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.

Schools near 502 E 2nd St

Pfeiffer-Burleigh Elementary School

235 e 11th st

erie, PA, 16503

PK, K-5Public
C
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Internet available near 502 E 2nd St

Getting around Erie near 502 E 2nd St

Walking

4/10
Some shops and stores are within a few minutes.

Driving

7/10
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 502 E 2nd St, Erie

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

4/10
Some 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

4/10
At least one elementary school within a 30-minute walk

High schools

3/10
At least one high school within a 30-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 502 E 2nd 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

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