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Location

401 Parade St, Erie, PA 16507, USA|East Bayfront
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Management

Hoffman Development Phase 2

Leasing office

(814) 315-3742

Floor plans

2BR/1.0BA2 bed1 bath$895 /mo1 unit availableEnjoy comfortable living in this well-located 2-bedroom, 1-bath apartment just minutes from shopping, restaurants, and everyday conveniences. Conveniently situated near Erie Insurance, public transportation, and the beautiful Erie Bayfront, this home offers easy access to work, dining, entertainment, and recreation. Features include: 2 spacious bedrooms 1 full bathroom Convenient location close to major employers Easy access to bus routes Minutes from shopping centers and local restaurants Short drive to the Erie Bayfront and waterfront attractions Whether you're commuting to work, enjoying the local dining scene, or taking in the waterfront views, this apartment places you close to everything Erie has to offer. **Price shown reflects base rent and may not include non-optional fees and utilities. Pricing and availability are subject to change without notice. Square footage is approximate and may vary. Images are for illustrative purposes and may not represent the exact unit available. A $50 administrative fee is required prior to move-in.**

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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

Units3
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About 401 Parade St

HomeApartments in ErieEast Bayfront 401 Parade St

Enjoy comfortable living in this well-located 2-bedroom, 1-bath apartment just minutes from shopping, restaurants, and everyday conveniences. Conveniently situated near Erie Insurance, public transportation, and the beautiful Erie Bayfront, this home offers easy access to work, dining, entertainment, and recreation. Features include: 2 spacious bedrooms 1 full bathroom Convenient location close to major employers Easy access to bus routes Minutes from shopping centers and local restaurants Short drive to the Erie Bayfront and waterfront attractions Whether you're commuting to work, enjoying the local dining scene, or taking in the waterfront views, this apartment places you close to everything Erie has to offer. **Price shown reflects base rent and may not include non-optional fees and utilities. Pricing and availability are subject to change without notice. Square footage is approximate and may vary. Images are for illustrative purposes and may not represent the exact unit available. A $50 administrative fee is required prior to move-in.**


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Rent trends in East Bayfront

2-bedroom apartments at 401 Parade St cost about 1% less than the average rent price for 2-bedroom apartments in East Bayfront.

Median rents as of Jun 6 2026.
East Bayfront
Erie
A table of 2-bedroom apartment rental data trends in Erie
MonthMedian Rent
June 2024$1,065
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
January 2026$1,018
February 2026$1,039
March 2026$1,100
April 2026$1,146
May 2026$1,176
June 2026$1,150
A table of 2-bedroom apartment rental data trends in East Bayfront
MonthMedian Rent
May 2025$900
August 2025$841
September 2025$870
November 2025$887
December 2025$862
January 2026$850
February 2026$853
March 2026$1,047
April 2026$1,049
May 2026$900

Affordability calculator

Can I afford to live at 401 Parade 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

$35,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this 2-bedrooms monthly rent price of $895.
For more information on rent affordability, visit our rent calculator.

Schools near 401 Parade St

Pfeiffer-Burleigh Elementary School

235 e 11th st

erie, PA, 16503

PK, K-5Public
C
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Internet available near 401 Parade St

Getting around Erie near 401 Parade St

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

4/10
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 401 Parade St, Erie

Groceries

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

Shopping

4/10
Several 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

7/10
At least one elementary school within a 15-minute walk

High schools

4/10
At least one high school within a 20-minute walk

Nightlife

4/10
Some bars within walking distance

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