Land and home values in Erie, PA
Erie is a city in Erie County, Pennsylvania, home to about 93,850 people. Residential land runs about $1.43 per sq ft, the typical home is worth about $137,000, and a 2-bedroom rents for about $1,160 a month, as of October 12, 2026.
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| Land: residential | $1.43 | per sq ft |
| Land: residential | $62,421 | per acre |
| Land: quarter-acre lot | $15,605 | 10,890 sq ft |
| Home: typical (median) | $137,000 | value |
| Home: entry-level | $64,100 | lower quartile |
| Home: upper-end | $137,000 | upper quartile |
| Build new | $179 | per sq ft, no land |
| Rent: 1-bedroom | $892 | per month |
| Rent: 2-bedroom | $1,160 | per month |
| Rent: 3-bedroom | $1,420 | per month |
| Rent: 4-bedroom | $1,590 | per month |
| Gross yield, 2-bed | 10.2% | a year |
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Questions people ask
How much is land worth in Erie, PA?
Residential land in Erie, PA is about $1.43 per square foot, or $62,421 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $15,605. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Erie, PA?
The typical (median) home in Erie, PA is worth about $137,000, with entry-level homes around $64,100 and upper-end homes around $137,000, as of October 2026.
How much is rent in Erie, PA?
A 2-bedroom rents for about $1,160 a month in Erie, PA, a 1-bedroom about $892 and a 3-bedroom about $1,420 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.