These plants are highly valued for their leaves, which feature reddish and colored undersides that form a lovely display as the leaves cascade down a growing surface.
A collector's plant, for the most part. They are less cold- and drought-tolerant than other species of philodendron, especially the P. scandens, which also has light red coloration on its leaves and is a climber (although with much smaller leaves).
Still, if you can provide ample warmth and humidity, P. erubescens is a worthy plant to grow. It's fairly easy to grow as a houseplant, because because it doesn't require full, bright sunlight. Their large, waxy leaves are exceptionally beautiful.
P. erubescens is a shade-loving philodendron. They dislike bright sunlight and should not be exposed to full sun outdoors. Indoors, an east-facing window with morning light would be a good solution. Don't let the suns rays touch the foliage; if several leaves turn yellow, it might be getting too much sunlight.
Water the plant when the surface soil is dry. They're drought-tolerant but don't do well when overwatered, which can cause the plant to rot. If there is too much water, the leaves will begin to turn yellow.