Amherst, NY Rental Market Trends

Highlights

The average rent for an apartment in Amherst is $1,334, a 5% increase compared to the previous year, when the average rent was $1,270.

Average Rent in Amherst, NY

Last updated May 2019
Average Rent Y-o-Y Change Average Apartment Size
$1,334 5% 951 sq. ft.

The average size for a Amherst, NY apartment is 951 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Amherst, NY Apartment Rent Ranges

  • $501-$7001%
  • $701-$1,00024%
  • $1,001-$1,50055%
  • $1,501-$2,00012%
  • > $2,0008%

Amherst, NY Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 May / 2019
Amherst, NY $1,242 $1,248 $1,236 $1,256 $1,256 $1,270 $1,283 $1,310 $1,334
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Average Rent in Amherst, NY By Neighborhood

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The most affordable neighborhoods in Amherst are Kenmore, where the average rent goes for $799/month, Aurora, where renters pay $805/mo on average, and Aurora Town, where the average rent goes for $805/mo. If you’re looking for other great deals, check out the listings from Billington Heights ($805), East Aurora ($805), and Elma ($805), where the asking prices are below the average Amherst rent of $1,334/mo.

The most expensive neighborhoods in Amherst are Town Line ($1,331), Amherst Town ($1,334) and University at Buffalo ($1,596).

Amherst | Rent Comparison by Neighborhood

Neighborhood
vs.
Neighborhood

Rent in Amherst Town is 66% higher than in Aurora

$1,334

Amherst Town rent is the same as Amherst average

Average Rent $1,334
$805

Aurora rent is 40% lower than Amherst average

Average Rent $805

How Does Amherst Compare to Nearby Cities

Average Rent Y-o-Y Change
Amherst Town $1,334 5%
Amherst $1,334 5%
Buffalo $1,097 3%
Tonawanda Town $853 3%
Tonawanda $853 3%
Clarence Town $1,313 3%
Harris Hill $1,268 4%
Eggertsville $959 8%
Lancaster $1,033 -3%
Cheektowaga $894 1%

For more information about the Amherst rental trends, check out our monthly rent report

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Amherst apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.

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