1 Day Ago
Location
423 Parade Street #1, Erie, Pennsylvania 16507, United States|East Bayfront
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Property Overview
423 Parade Street, Unit 1, achieves an impressive Zumper Expert Rating of 8.5, reflecting its appeal for renters. It excels in pricing, amenities, and location, with ratings of 10, 9, and 9, respectively, indicating a strong value proposition and an enviable standard of living. Additionally, its proximity to top-rated schools, numerous restaurants, and local event hubs makes it ideal for those seeking an active social life and convenient access to community resources.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Elementary school nearby
Great for
Social life
Floor plans
| 423 Parade Street, Unit 1 | 3 bed | 1 bath | 1,300 sqft | $1,050 /mo | Huge 3 bedroom apartment on first floor, freshly remodeled and painted, available with the following details: - Great neighborhood - near Erie Insurance, Hamot Hospital, Downtown Erie - Rent is $1,050 per month plus utilities - Big Living room & Dining Room - Huge Master Bedroom with - Eat in kitchen with brand new appliances - All utilities separated - Washer/dryer hookups on first floor - don't have to go to basement to do laundry - All new double pane/energy efficient windows - Off street parking in driveway, garages available for rent in spring - One year lease and one month deposit Section 8/HUD Approved No Pets. No first time renters. |
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Policies and fees
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Year built | 1887 |
|---|---|
| Lease terms | 12+ months |
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About 423 Parade Street, Unit 1
Huge 3 bedroom apartment on first floor, freshly remodeled and painted, available with the following details: - Great neighborhood - near Erie Insurance, Hamot Hospital, Downtown Erie - Rent is $1,050 per month plus utilities - Big Living room & Dining Room - Huge Master Bedroom with - Eat in kitchen with brand new appliances - All utilities separated - Washer/dryer hookups on first floor - don't have to go to basement to do laundry - All new double pane/energy efficient windows - Off street parking in driveway, garages available for rent in spring - One year lease and one month deposit Section 8/HUD Approved No Pets. No first time renters.
Year Built: 1887
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.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 423 Parade Street, Unit 1 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 423 Parade Street, Unit 1 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A 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.
423 Parade Street, Unit 1 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
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, 423 Parade Street, Unit 1 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.
423 Parade Street, Unit 1 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 423 Parade Street, Unit 1 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
423 Parade Street, Unit 1 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
423 Parade Street, Unit 1 is great for:
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 423 Parade Street, Unit 1 compares to other nearby properties.
Positives
- More space
- The 3-bedroom is 1300 sqft larger than other listings nearby
- Elementary school nearby
- There is an elementary school 1 mile away
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
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Rent trends in East Bayfront
3-bedroom apartments at 423 Parade Street, Unit 1 cost about 24% more than the average rent price for 3-bedroom apartments in East Bayfront.
Median rents as of Nov 22 2025.
East Bayfront
Erie
| Month | Median Rent |
|---|---|
| December 2023 | $915 |
| 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 |
| Month | Median Rent |
|---|---|
| February 2024 | $750 |
| March 2024 | $793 |
| May 2025 | $900 |
| August 2025 | $841 |
| September 2025 | $870 |
| November 2025 | $891 |
Affordability calculator
Can I afford to live at 423 Parade Street #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
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 3-bedrooms monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Schools near 423 Parade Street, Unit 1
Pfeiffer-Burleigh Elementary School
235 e 11th st
erie, PA, 16503
PK, K-5Public
C
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Internet available near 423 Parade Street, Unit 1
Getting around Erie near 423 Parade Street #1
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 423 Parade Street #1, 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
Explore the area around 423 Parade Street #1
U K Supermarket
1105 Parade St
New Sara's Market
460 E 12th St
Haider Al Jayashi State Market
1027 State St
Global Market of PA
718 East Ave
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
Andora's Bubble Tea Shop
516 State St
Tim Hortons
209 E 12th St
Out of the Grey Coffee
900 State St
Mighty Fine Donuts
2612 Parade St
Czartoryski Cafe
302 Parade St
Sullivan's Pub & Eatery
301 French St
Erie Arena Sports Bar
723 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
Sullivan's Pub & Eatery
301 French St
Little Caesars
1025 Parade St
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