19 Hours Ago
Highlights
- Convenient location
- Easy access
Location
401 Parade St, Erie, PA 16507, USA|East Bayfront
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Property Overview
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
Elementary school nearby- Less expensive
Great for
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | $895 /mo | 1 unit available | 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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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 3 |
|---|
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About 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.**
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.
8.4
/10
Very GoodWith a solid 8.4 out of 10 overall, 401 Parade St is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 401 Parade 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.
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.
401 Parade St 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, 401 Parade 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.
401 Parade 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 401 Parade 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.
401 Parade St 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 401 Parade St compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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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
| Month | Median 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 |
| Month | Median 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 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
$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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