Erie, PA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Erie short-term rental market based on reliable data.

Listings

398 / 698

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$24,061

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$194,885

Median Home Sale Price

Top Earners

$51,722

Top-Earners Revenue

Erie

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Erie.

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A

Very Investor friendly

Erie Regulations

Erie explicitly permits STRs in numerous residential, commercial, and waterfront districts with a clear, three‑stage process (zoning certificate, inspection, licensing); occupancy/behavior rules are moderate and no caps or high fees are reported, keeping compliance predictable.

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About Erie

Erie, Pennsylvania, is a city located along the southern shore of Lake Erie, offering picturesque waterfront views and a rich industrial history. As of the latest data, Erie has a population of around 94,000 residents. The city is situated approximately 100 miles northeast of Cleveland, Ohio, making it relatively close to a major urban center while still maintaining a distinct small-town charm.

One of the main attractions of Erie is Presque Isle State Park, a 3,200-acre peninsula known for its sandy beaches and diverse ecosystem. For more information, visit Presque Isle State Park. The park is a popular destination for both locals and tourists, offering opportunities for swimming, boating, hiking, and bird-watching.

Another key landmark is the Erie Maritime Museum, home to the restored U.S. Brig Niagara. This museum provides insight into Erie's pivotal role during the War of 1812. Visit their official website at Erie Maritime Museum.

For those interested in cultural experiences, the Erie Art Museum showcases an impressive collection of over 8,000 objects spanning mediums from fine art to folk art. More details on ongoing exhibitions can be found at Erie Art Museum.

Given its array of attractions, proximity to natural beauty, and historical significance, Erie presents a compelling case for short-term rentals, appealing to those looking for a combination of relaxation, education, and outdoor activities.

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