The median home in Erie, Pennsylvania is valued at $191,674, up 5.5% year over year. Typical monthly rent is $1,063, producing a price-to-rent ratio of 15x — below the national average of 18x. Erie is part of the Erie, PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$191,674
+5.5%
Rent$1,063/mo
AFFORDABILITYRenting $275/mo cheaper ($1,063 rent)6.50% 30yr, 20% down, county tax + PA ins. 28% per HUD.
Enter your income for Erie.
$38,335 on $191,674
Affordable — 21.4% of income
Under the 28% guideline.
PITI$1,338
P/I21.4%
Afford$251K
Room+$59K
P&I $969Tax $252Ins $117
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Erie, PA analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Erie, PA metro.
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