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Prices and availability in Buffalo, NY were last updated on 17 Oct 2026.
The best apartments in Buffalo, NY are: The Lofts at Elk Terminal, The Knights @ 506 Delaware, 100 South, The Granite Works and Annex Apartments.
The average rent in Buffalo, NY is $1,438.
The price range for a studio apartment in Buffalo, NY is between $825 and $1,675.
The price range for a 1-bedroom apartment in Buffalo, NY is between $895 and $2,800.
The price range for a 2-bedroom apartment in Buffalo, NY is between $895 and $2,695.
The price range for a 3-bedroom apartment in Buffalo, NY is between $995 and $2,800.
In Buffalo, 57% of the residents are renting compared to 43% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 11% of Buffalo's rentals, 73% are small-scale complexes with under 50 units, and 15% are single-family rentals.
The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Buffalo are about 50 years old, on average. Of these, 31% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 5 stories. About 65% of the rental communities here are low-rise, garden-style communities, 34% are mid-rises, and 14% are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.
Rental apartments in Buffalo come in a range of sizes and floorplans. Studio apartments represent 7% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 42% of the total apartments in the city, while 2-bedroom floorplans represent around 38% of all rentals in Buffalo. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.
