To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 602 West 5th by bedroom type below.
2 Bedroom
Suggested income:
$41,000
per year
Rent report
602 West 5th Rent vs. Erie Average
602 West 5th
Erie Average
2BR
$1,140
$1,243
$0
$450
$900
$1,350
$1,800
602 West 5th is asking 8%
less than the average 2 bedroom apartment in
Erie.
If you upsized to an average priced Erie 3 bedroom apartment, you would pay
8% more per month.
If you downsized to an average priced Erie 1 bedroom apartment,
you would pay 14% less per month.
602 West 5th provides 51%
more square footage than the average
Erie 2 bedroom apartment.
Monthly Rent
Rent per Sq. Ft.
Suggested Monthly Income
602 West 5th
2BR
$1,140
$0.80
$3,420
Erie Average
Studio
$894
$2.40
$2,682
1BR
$1,093
$1.80
$3,279
2BR
$1,243
$1.30
$3,729
3BR
$1,346
$1.20
$4,039
4BR
$1,150
$1.00
$3,450
Availability in Erie
In order to find the best deal, you need to know what types of units are available. Property managers may be willing to
give concessions if they have many vacant units.
There are currently 121 2BR
units on the market in Erie. If you're looking to negotiate, this may be your best option.