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Apartments for Rent in Buffalo, NY under $500

Quick filters
  • Studio $500
    Base rent
    Verified Listing

    496 Elmwood

    496 Elmwood Ave., Buffalo, NY 14222
    Pet friendly
  • Studio $417
    Base rent Income restricted
    Verified Listing

    Buffalo I

    384 Broadway St., Buffalo, NY 14204
    Pet friendly
  • 2-0-city

Frequently asked questions

When were prices and availability in Buffalo, NY last updated?

Prices and availability in Buffalo, NY were last updated on 11 Oct 2026.

What are the best apartments in Buffalo, NY?
What type of rental buildings are in Buffalo, NY?

In Buffalo 57% of the housing is rented out compared to 43% of homes are owned, according to the most recent Census Bureau estimates. 11% of Buffalo's apartments are found in large buildings of 50 units or more, 73% are located in smaller apartment complexes with less than 50 units, and 15% are single-family rentals.

Search for apartments in Buffalo, NY under $500

There’s more than one way to spend $500 on rent in Buffalo, NY, so the first step is to start thinking about what you really want from your new home. Be mindful of what makes you tick. Look for 2 bedroom apartments for rent for less than $500 if you want to share your living space and don’t mind being further away from the city center. Search for 3 bedroom apartments if you’re moving in with family or planning to share part of your life and living expenses with more friends. If city bustle is what you live for, you might want to search for a studio or 1 bedroom apartment closer to the city center.

The perfect $500 rental near you

Don’t dismiss the idea of a studio just because it sounds small and featureless: studios come in many shapes and sizes, and it only takes a few strikes of creativity to go from drab to lively. If an all-in-one-room apartment spells total lack of privacy for you, have a look at the 1 bedroom apartments for rent in Buffalo, NY. Customize your search by using more RentCafe filters. Decide what amenities you can’t live without and focus your search on the apartments that offer them. Are you bringing in a pet? Narrow your options to pet-friendly apartments for rent. Want more windows so that natural light floods your home? Hardwood floors or plush carpet in the living area? There are 2 apartments for rent below $500 in Buffalo, NY for every taste. Decide what you need, stay focused, and you’re bound to find your perfect apartment in no time.