Median Home Value
$233,800
Median Gross Rent
$1,090/mo
Homeownership Rate
65.8%
Rent as Share of Income
18.0%
Vacancy Rate
7.2%
Median Year Built
1957
Home Price Index (FHFA)
Home prices in Erie County have risen 820% since 1975, per FHFA's index.
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Index value, not a dollar figure — shows relative appreciation over time. Source: Federal Housing Finance Agency.
HUD Fair Market Rent (2026)
Studio
$1,105
1 Bedroom
$1,139
2 Bedroom
$1,343
3 Bedroom
$1,640
4 Bedroom
$1,869
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.