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556 E 5th St, Erie, PA 16507, USA|East Bayfront
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Management

Quality Rentals

Leasing office

(814) 314-9661

Property Overview

556-58 E 5TH is a competitively priced property with strong overall quality, earning a 7.7/10 expert rating and excellent 8/10 scores for both price and amenities. With a standout 9/10 location rating, it offers convenient access to top-rated elementary and middle schools less than a mile away, while a 7/10 trustworthiness score reflects clear, detailed listing information. Its value per square foot places it in roughly the top 30% of properties in the area.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

7.7
Very Good
556-58 E 5TH is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Middle school nearby

Floor plans

2BR/1.0BA2 bed1 bath950 sqft$750 /mo2 units availableLarge first floor 2 bedroom located at 556 e 5th st is available for rent . Apartment has 2 large bedrooms , Partially applianced kitchen , large living room/dining room, private porch , washer/dryer hookups in basement . Freshly remodeled bathrooms . Convenient location , minutes walk to bus line and downtown Erie . Apartment has updated windows and is freshly painted . Very clean ! Rent here is 750/mo includes water sewer and trash . We require first last and security on all properties . Please text 814-314-9661 to schedule a tour today!

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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 556-58 E 5TH

HomeApartments in ErieEast Bayfront 556-58 E 5TH

Large first floor 2 bedroom located at 556 e 5th st is available for rent . Apartment has 2 large bedrooms , Partially applianced kitchen , large living room/dining room, private porch , washer/dryer hookups in basement . Freshly remodeled bathrooms . Convenient location , minutes walk to bus line and downtown Erie . Apartment has updated windows and is freshly painted . Very clean ! Rent here is 750/mo includes water sewer and trash . We require first last and security on all properties . Please text 814-314-9661 to schedule a tour today!


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.
7.7
/10
Very Good
556-58 E 5TH is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated 556-58 E 5TH
Price·8A 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.
Scoring a 8/10, 556-58 E 5TH is a great option for renters looking for apartments in East Bayfront. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
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, 556-58 E 5TH 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.
556-58 E 5TH 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 556-58 E 5TH 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.
556-58 E 5TH 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.

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 556-58 E 5TH compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 1 mile away
Middle school nearby
There is a middle school 1 mile away
More space
The 2-bedroom is 100 sqft larger than other listings nearby

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Rent trends in East Bayfront

2-bedroom apartments at 556-58 E 5TH cost about 25% less than the average rent price for 2-bedroom apartments in East Bayfront.

Median rents as of Apr 18 2026.
East Bayfront
Erie
A table of 2-bedroom apartment rental data trends in Erie
MonthMedian Rent
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
January 2026$1,018
February 2026$1,039
March 2026$1,100
April 2026$1,128
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

Affordability calculator

Can I afford to live at 556 E 5th 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

$30,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $30,000 annually to afford this 2-bedrooms monthly rent price of $750.
For more information on rent affordability, visit our rent calculator.

Schools near 556-58 E 5TH

Pfeiffer-Burleigh Elementary School

235 e 11th st

erie, PA, 16503

PK, K-5Public
C
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Internet available near 556-58 E 5TH

Getting around Erie near 556 E 5th St

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 556 E 5th St, Erie

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

4/10
Some shops within walking distance

Cafes

4/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 556 E 5th 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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