Amherst, NY Rental Market Trends
What is the average rent in Amherst?
The average rent for an apartment in Amherst is $1,401, a 1% decrease compared to the previous year, when the average rent was $1,410.
Average Rent in Amherst, NY
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,401 | -1% | 955 sq. ft. |
What is the average apartment size in Amherst?
The average size for a Amherst, NY apartment is 955 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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-$1,00018%
- $1,001-$1,50052%
- $1,501-$2,00020%
- > $2,0009%
Amherst, NY Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
15,278 or 38% of the households in Amherst, NY are renter-occupied while 24,116 or 61% are owner-occupied.
Amherst, NY Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Apr / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Amherst, NY | $1,283 | $1,310 | $1,334 | $1,354 | $1,371 | $1,374 | $1,410 | $1,417 | $1,414 | $1,401 |
| National | $1,317 | $1,348 | $1,357 | $1,361 | $1,393 | $1,400 | $1,401 | $1,391 | $1,393 | $1,399 |
Average Rent in Amherst, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| University at Buffalo | $1,688 |
| Clarence Town | $1,428 |
| Town Line | $1,410 |
| Amherst Town | $1,401 |
| Harris Hill | $1,359 |
| Williamsville | $1,359 |
| Grand Island Town | $1,157 |
| Grandyle Village | $1,157 |
| Lancaster | $1,150 |
| Buffalo | $1,096 |
| Orchard Park | $1,081 |
| Lackawanna | $1,074 |
| West Seneca | $1,033 |
| Boston Town | $1,017 |
| North Boston | $1,017 |
| Wanakah | $1,017 |
| Hamburg Town | $1,002 |
| Depew | $994 |
| Cheektowaga Town | $982 |
| Tonawanda City | $964 |
| Eggertsville | $963 |
| Tonawanda Town | $922 |
| Blasdell | $897 |
| Kenmore | $810 |
| Aurora Town | $743 |
| Billington Heights | $743 |
| East Aurora | $743 |
| Elma Town | $743 |
| Marilla | $743 |
| Wales | $743 |
What are the most affordable neighborhoods in Amherst?
The most affordable neighborhoods in Amherst are Aurora Town, where the average rent goes for $743/month, Billington Heights, where renters pay $743/mo on average, and East Aurora, where the average rent goes for $743/mo. If you’re looking for other great deals, check out the listings from Elma Town ($743), Marilla ($743), and Wales ($743), where the asking prices are below the average Amherst rent of $1,401/mo.
What are the most expensive neighborhoods in Amherst?
The most expensive neighborhoods in Amherst are Town Line ($1,410), Clarence Town ($1,428) and University at Buffalo ($1,688).
What are the most popular neighborhoods in Amherst?
The most popular neighborhood in Amherst is Amherst Town, where there are 27 verified RENTCafé listings with an average rent of $1,401. Next up is Buffalo, where apartments go for $1,096/month, followed by Tonawanda Town with $922 If you’re looking to rent in Amherst’s most popular neighborhoods, make sure to also check out Cheektowaga Town, where renters pay $982 on average, and Clarence Town, where the average monthly rent is $1,428.
Amherst | Rent Comparison by Neighborhood
Rent in Amherst Town is 89% higher than in Aurora Town
Amherst Town rent is the same as Amherst average
| Average Rent | $1,401 |
|---|
Aurora Town rent is 47% lower than Amherst average
| Average Rent | $743 |
|---|
How Amherst Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Manhattan | $3,615 | -14% |
| Hudson Valley | $1,992 | 4% |
| Brooklyn | $2,614 | -12% |
| Bronx | $1,620 | n/a |
| Rochester | $1,093 | 3% |
| Amherst | $1,401 | -1% |
| Buffalo | $1,096 | 3% |
| Tonawanda Town | $922 | 4% |
| Tonawanda | $922 | 4% |
| Cheektowaga | $982 | 6% |
| Cheektowaga Town | $982 | 6% |