Rental prices in Elmwood, Buffalo, NY have increased by 6.09% over the past year. The average rent moved from $2,168 to $2,300.
Check out the average rent in Buffalo.
The national average price of rental apartments is $1,750, while the average monthly rent in Elmwood, Buffalo, NY is $2,300.
The average monthly rent for an apartment in Elmwood, Buffalo, NY is around $2,300.
A share of 9% of apartments in Elmwood, Buffalo, NY have the cheapest rents between $1,501-$2,000. Around 55% of Elmwood's apartments have monthly rents between $2,001-$2,500. There are 36% of apartments with rents between $2,501-$3,000.
The largest share of rentals in Elmwood, Buffalo, NY (55%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
The average Elmwood, Buffalo, NY 3 bedroom apartment size is 1,408 sq. ft.
Renting a 3 bedroom apartment offers extra space compared to a 2 bedroom apartment, suited for a family or for sharing it with someone else.
A 3 bedroom apartment is more expensive than smaller units and it usually comes with higher utility costs.
In total, Elmwood, Buffalo, NY has 20,122 residents, 10,105 women and 10,018 men, per U.S. Census recent estimates. Statistics show that the median age of Elmwood’s population is 34.
There is a total of 9,332 households in Elmwood, Buffalo, NY. Of these, 1,472 have children and 7,860 are without children. Per Census Bureau’s most current estimates, 3,230 family households and 6,101 non-family households live in this area. The size of a household in Elmwood is 1.43 people, on average. The median household annual income in Elmwood equals $48,674, and the monthly housing costs equal $1,062.
According to data from the U.S. Census Bureau, 2% of the population in Elmwood, Buffalo, NY have no high school education, 20% went to high-school, and 22% have partially completed college. Moreover, 6% of the population hold an Associate Degree, 26% hold a Bachelor Degree, and 23% hold a Graduate Degree.
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