Amherst, NY Rental Market Trends
Highlights
The average rent for an apartment in Amherst is $1,410, a 4% increase compared to the previous year, when the average rent was $1,354.
Average Rent in Amherst, NY
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,410 | 4% | 972 sq. ft. |
The average size for a Amherst, NY apartment is 972 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-$1,50053%
- $1,501-$2,00018%
- > $2,00010%
Amherst, NY Occupied Housing Units
- Renter-occupied Households38%
- Owner-occupied Households61%
15,142 or 38% of the households in Amherst, NY are renter-occupied while 24,057 or 61% are owner-occupied.
Amherst, NY Rent Trends
| Average Rent | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Feb / 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| Amherst, NY | $1,256 | $1,256 | $1,270 | $1,283 | $1,310 | $1,334 | $1,354 | $1,371 | $1,374 | $1,410 |
| National | $1,337 | $1,368 | $1,371 | $1,374 | $1,408 | $1,417 | $1,422 | $1,458 | $1,466 | $1,468 |
Average Rent in Amherst, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Kenmore | $768 |
| Wales | $839 |
| Marilla | $839 |
| Elma Town | $839 |
| East Aurora | $839 |
| Billington Heights | $839 |
| Aurora Town | $839 |
| Blasdell | $885 |
| Tonawanda Town | $886 |
| Tonawanda City | $924 |
| Cheektowaga Town | $929 |
| Depew | $949 |
| Hamburg Town | $963 |
| Wanakah | $975 |
| North Boston | $975 |
| Boston Town | $975 |
| West Seneca | $976 |
| Eggertsville | $987 |
| Orchard Park | $1,054 |
| Buffalo | $1,070 |
| Lackawanna | $1,077 |
| Lancaster | $1,102 |
| Grandyle Village | $1,143 |
| Grand Island Town | $1,143 |
| Williamsville | $1,341 |
| Harris Hill | $1,341 |
| Town Line | $1,357 |
| Clarence Town | $1,399 |
| Amherst Town | $1,410 |
| University at Buffalo | $1,690 |
The most affordable neighborhoods in Amherst are Kenmore, where the average rent goes for $768/month, Aurora Town, where renters pay $839/mo on average, and Billington Heights, where the average rent goes for $839/mo. If you’re looking for other great deals, check out the listings from East Aurora ($839), Elma Town ($839), and Marilla ($839), where the asking prices are below the average Amherst rent of $1,410/mo.
The most expensive neighborhoods in Amherst are Clarence Town ($1,399), Amherst Town ($1,410) and University at Buffalo ($1,690).
The most popular neighborhood in Amherst is Amherst Town, where there are 40 verified RENTCafé listings with an average rent of $1,410. Next up is Tonawanda Town, where apartments go for $886/month, followed by Buffalo with $1,070 If you’re looking to rent in Amherst’s most popular neighborhoods, make sure to also check out Cheektowaga Town, where renters pay $929 on average, and Clarence Town, where the average monthly rent is $1,399.
Amherst | Rent Comparison by Neighborhood
Rent in Amherst Town is 68% higher than in Aurora Town
Amherst Town rent is the same as Amherst average
| Average Rent | $1,410 |
|---|
Aurora Town rent is 41% lower than Amherst average
| Average Rent | $839 |
|---|
How Amherst Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Manhattan | $4,208 | 2% |
| Hudson Valley | $1,924 | 3% |
| Brooklyn | $2,951 | 5% |
| Amherst | $1,410 | 4% |
| Rochester | $1,059 | 3% |
| Queens | $2,568 | 6% |
| Tonawanda Town | $886 | -1% |
| Tonawanda | $886 | -1% |
| Buffalo | $1,070 | 1% |
| Cheektowaga | $929 | 1% |
| Cheektowaga Town | $929 | 1% |
For more information about the Amherst rental trends, check out our monthly rent report
Check out New York Cities, New York Neighborhoods and New York Zip Codes for more details on verified listings, including the New York Average Rent.
Curious about listings in your area? Check out our apartments near you for more details!