Median Home Value
$177,000
Median Gross Rent
$904/mo
Homeownership Rate
68.1%
Rent as Share of Income
17.1%
Vacancy Rate
7.9%
Median Year Built
1964
Home Price Index (FHFA)
Home prices in Erie County have risen 578% 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
$836
1 Bedroom
$945
2 Bedroom
$1,212
3 Bedroom
$1,499
4 Bedroom
$1,683
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024; HUD Fair Market Rents 2026.