RentDataNowRentDataNow
City Report · CO

Erie

Pop. 33,808·6th most expensive in Colorado·Erie rents are up 14.0% over the past year
Median rent (all units)
$2,989/mo
Year-over-Year
+14.0%
Month-over-Month
+1.4%
vs US Median
+$1,024
Rising (Monthly)
Be the first to discuss Erie rents ↓
Most AffordableMost Expensive
Erie · $2,989
More expensive than 90% of US cities · National median $1,965/mo
Rent Reality Score
48/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Erie's 10-year trend predicts.

Actual rent
$2,989/mo
Expected by trend
$2,959/mo
The Rent Reality Score compares today's median rent to where Erie's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,810
1 BR
$2,030
2 BR
$2,520
3 BR
$3,430
4 BR+
$3,920
Research median
$2,520/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$35,868/yr
At $2,989/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 14.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+14.0% YoY, +1.4% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Erie, CO is majority owner-occupied, has a large share of families with children, has a median income above the national average, 69.6% of residents hold a bachelor's degree or higher.

Population
33,808
Median income
$173,349
Median age
37.6
Renters
12.4%
Age distribution
28.6%
15.9%
35.5%
Under 1828.6%
18–3415.9%
35–5435.5%
55–6410.2%
65+9.9%
Gender
49.9%
50.1%
Male49.9%
Female50.1%
Race & ethnicity
80.7%
White80.7%
Hispanic10.4%
Asian6.2%
Other2.6%
Education (25+)
18.5%
69.6%
No HS diploma2.1%
HS diploma9.8%
Some college18.5%
Bachelor's+69.6%
Housing tenure
87.6%
12.4%
Owner87.6%
Renter12.4%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Erie, CO has changed in 5 years

Rent
$2,115 → $2,989
up 41.3%
Income
$140,409 → $173,349
up 23.5%
Population
29,367 → 33,808
up 15.1%
Renter share
14.1% → 12.4%
-1.7 pts
Bachelor's+
64.6% → 69.6%
+5.0 pts
Median age
37.1 → 37.6
+0.5 yrs

Rent in Erie, CO has increased 41.3% since 2021, going from about $2,115 per month to roughly $2,989 today. Census figures show median household income at $173,349 today, compared with $140,409 five years earlier. Rent outpaced income growth by roughly 17.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 29,367 to 33,808 between 2021 and 2024, a 15.1% change. About 12.4% of households rent today, against 14.1% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 64.6% to 69.6%. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Erie

No discussions yet. Start the conversation.

View Erie rent history (2015–2026) →
Salary vs rent

Can you afford rent in Erie on your salary?

At $2,989/mo, how Erie rent compares to typical pay (30% rule).

By apartment size

Erie rent by bedroom count

Median rent for each apartment size in Erie. Click any size for full breakdown.

Local insights

Tips for renters in Erie

About renting in Erie, CO

Last updated: July 20, 2026

The median rent in Erie is $2,989/mo as of July 2026. A studio apartment averages $1,810/mo while a 2-bedroom runs $2,520/mo. One-bedroom apartments average $2,030/mo and 3-bedroom units go for $3,430/mo.

At 21% of local median household income ($173,349/yr), Erie ranks as affordable compared to the national benchmark of 30%. Rents have increased 14.0% over the past year.

FAQ

Frequently asked questions

Is Erie an affordable city for renters?

Erie is considered very affordable for renters. At $2,989/mo, rent takes approximately 21% of the local median household income ($173,349/yr). The standard benchmark is 30%. Erie falls comfortably within that range.

How much income do you need to rent in Erie?

To keep rent at or below 30% of gross income, you would need to earn at least $120,000/year (~$58/hour full-time) to afford the median rent of $2,989/mo in Erie. The local median household income is $173,349/yr, meaning the typical Erie household meets that threshold.

Is rent going up or down in Erie?

Rent in Erie has increased 14.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Erie rent compare to other cities in Colorado?

Erie is one of the pricier cities in Colorado for rent, ranking #6 out of 66 tracked cities at $2,989/mo.

Which nearby cities are cheaper to rent in than Erie?

Several nearby cities have lower median rents than Erie ($2,989/mo): Northglenn ($1,533/mo), Longmont ($1,961/mo), Broomfield ($2,035/mo).

What percentage of Erie residents rent vs. own?

According to Census data, approximately 12.4% of Erie households are renters, while 87.6% are owner-occupied. Erie leans toward homeownership, which can mean a smaller rental inventory.

How does Erie rent compare to the national average?

Erie's median rent of $2,989/mo is $1,024 (52%) above the US national median of $1,965/mo. Within Colorado, it ranks #6 out of 66 tracked cities.
Income Affordability
21%
VERY AFFORDABLE

At $2,989/mo, rent takes ~21% of Erie's median household income ($173,349/yr). The standard benchmark is 30%.

Erie 21%Benchmark 30%
State income tax4.4%
Run the Erie affordability calculator →
Lowest-rent ZIP codes in Erie
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Erie, CO

Recent submissions

Be the first to submit your rent for Erie.

Recent discussions

No discussions yet.