Erie, CO Rental Market Trends
Highlights
The average rent for an apartment in Erie is $2,128, a 1% increase compared to the previous year, when the average rent was $2,110.
Average Rent in Erie, CO
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $2,128 | 1% | 1,334 sq. ft. |
The average size for a Erie, CO apartment is 1,334 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Erie, CO Apartment Rent Ranges
- $1,501-$2,00031%
- > $2,00069%
Erie, CO Occupied Housing Units
- Renter-occupied Households21%
- Owner-occupied Households78%
1,658 or 21% of the households in Erie, CO are renter-occupied while 6,114 or 78% are owner-occupied.
Erie, CO Rent Trends
| Average Rent | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Jan / 2021 |
|---|---|---|---|---|---|---|---|
| Erie, CO | $2,051 | $1,995 | $2,163 | $2,110 | $2,094 | $2,172 | $2,128 |
| National | $1,428 | $1,432 | $1,468 | $1,475 | $1,477 | $1,464 | $1,462 |
How Erie Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Denver | $1,631 | -2% |
| Boulder | $1,924 | -2% |
| Colorado Springs | $1,273 | 6% |
| Aurora | $1,364 | 1% |
| Lakewood | $1,498 | -2% |
| Fort Collins | $1,549 | 1% |
| Westminster | $1,499 | -1% |
| Arvada | $1,456 | 1% |
| Thornton | $1,476 | 1% |
| Longmont | $1,504 | 2% |
| Erie | $2,128 | 1% |
For more information about the Erie rental trends, check out our monthly rent report
Check out Colorado Cities, Colorado Neighborhoods and Colorado Zip Codes for more details on verified listings, including the Colorado Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!