1

Newest Home for Rent in Lake City, PA

Section Image
  • 274 Elk Creek Rd, Lake City, PA 16423
    274 Elk Creek Rd, Lake City, PA 16423
    274 Elk Creek Rd, Lake City, PA 16423
    /10

    $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
Pennsylvania Erie County Lake City

Newest Homes for Rent in Lake City, PA

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

There are currently 1 homes available for rent in Lake City, PA. The median rent is $1,500 per month, with single-family homes renting at $1,500.

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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group