Embodiments of an invention for dynamic error correction using parity and redundant rows are disclosed. In one embodiment, an apparatus includes a storage structure, parity logic, an error storage space, and an error event generator. The storage structure is to store a plurality of data values. The parity logic is to detect a parity error in a data value stored in the storage structure. The error storage space is to store an indication of a detection of the parity error. The error event generator is to generate an event in response to the indication of the parity error being stored in the error storage space.