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Lake City, PA Home for Rent

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    $1,500 Per Month

    • 1 Bed
    • 1 Bath
    • 360 Sq Ft
    • House for Rent

    274 Elk Creek Rd, Lake City, PA 16423

    Charming Lakefront Cottage Rental In Lake City! This Cozy 1 Bedroom, 1 Bath Home Comes Furnished (Except For Bedding) And Offers Peaceful Lakefront Living. Rent Is $1500 Per Month And Includes Water, Sewer, And Trash. Maximum Of 2 Occupants Allowed. No Pets And No Smoking Permitted.

    Jenn Hills Coldwell Banker Select - Airport

    274 Elk Creek Rd, Lake City, PA 16423

Why Live in Lake City

Lake City is one of the several communities in the rural area west of Erie . The borough has long drawn those looking for some privacy and access to plenty of recreation. This aptly named borough is right on the shores of Lake Erie, a massive ...

Frequently Asked Questions

How much does it cost to rent a home in Lake City, PA?
The median rent for a home in Lake City, PA is $1,500 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Lake City, PA?
To comfortably afford the median rent in Lake City, PA, a household needs to earn roughly $60,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,500 per month in Lake City, PA, renters typically need to show $4,500 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Lake City, PA?
In Lake City, PA, the price-to-rent ratio is 12.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Lake City, PA are best for renting a home?
The best neighborhood for renting in Lake City, PA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Millcreek, West Bayfront, Arbor Heights, Downtown Erie and East Bayfront, each with its own character and price range.

Rental Trends in Lake City, PA

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$1,500
Median Single Family Home Rent
$1,500
How to Rent a Home