Amherst, NY Rental Market Trends
What is the average rent in Amherst?
The average rent for an apartment in Amherst is $1,582. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Amherst, NY
| Average Rent | Average Apartment Size |
|---|---|
| $1,582 | 950 sq. ft. |
What is the average apartment size in Amherst?
The average size for a Amherst, NY apartment is 950 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
Amherst, NY Occupied Housing Units
11,978 or 30% of the households in Amherst, NY are renter-occupied while 27,590 or 70% are owner-occupied.
Amherst, NY Rent Trends
| Average Rent | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | Mar / 2022 | Aug / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Amherst, NY | $1,371 | $1,374 | $1,410 | $1,417 | $1,414 | $1,401 | $1,429 | $1,413 | $1,520 | $1,582 |
| National | $1,407 | $1,415 | $1,416 | $1,406 | $1,410 | $1,418 | $1,501 | $1,596 | $1,634 | $1,706 |
Average Rent in Amherst, NY By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| University at Buffalo | $1,836 |
| Amherst Town | $1,582 |
| Clarence Town | $1,552 |
| Town Line | $1,490 |
| Harris Hill | $1,465 |
| Williamsville | $1,465 |
| Grand Island Town | $1,295 |
| Grandyle Village | $1,295 |
| Tonawanda City | $1,234 |
| Lancaster | $1,213 |
| Buffalo | $1,211 |
| Orchard Park | $1,180 |
| Tonawanda Town | $1,167 |
| Lackawanna | $1,157 |
| Boston Town | $1,153 |
| North Boston | $1,153 |
| Wanakah | $1,153 |
| Hamburg Town | $1,132 |
| West Seneca | $1,120 |
| Cheektowaga Town | $1,104 |
| Eggertsville | $1,057 |
| Depew | $1,047 |
| Kenmore | $1,046 |
| Blasdell | $986 |
| Aurora Town | $775 |
| Billington Heights | $775 |
| East Aurora | $775 |
| Elma Town | $775 |
| Marilla | $775 |
| Wales | $775 |
What are the most affordable neighborhoods in Amherst?
The most affordable neighborhoods in Amherst are Aurora Town, where the average rent goes for $775/month, Billington Heights, where renters pay $775/mo on average, and East Aurora, where the average rent goes for $775/mo. If you’re looking for other great deals, check out the listings from Elma Town ($775), Marilla ($775), and Wales ($775), where the asking prices are below the average Amherst rent of $1,582/mo.
What are the most expensive neighborhoods in Amherst?
The most expensive neighborhoods in Amherst are Clarence Town ($1,552), Amherst Town ($1,582) and University at Buffalo ($1,836).
What are the most popular neighborhoods in Amherst?
The most popular neighborhood in Amherst is Amherst Town, where there are 25 verified RentCafe listings with an average rent of $1,582. Next up is Buffalo, where apartments go for $1,211/month, followed by Tonawanda Town with $1,167 If you’re looking to rent in Amherst’s most popular neighborhoods, make sure to also check out Cheektowaga Town, where renters pay $1,104 on average, and Clarence Town, where the average monthly rent is $1,552.
Amherst | Rent Comparison by Neighborhood
Rent in Amherst Town is 104% higher than in Aurora Town
Amherst Town rent is the same as Amherst average
| Average Rent | $1,582 |
|---|
Aurora Town rent is 51% lower than Amherst average
| Average Rent | $775 |
|---|
How Amherst Compares to Other Cities
| City | Average Rent |
|---|---|
| Manhattan | $4,471 |
| Hudson Valley | $2,215 |
| Bronx | $1,682 |
| Brooklyn | $3,194 |
| Albany | $1,509 |
| Queens | $2,780 |
| Buffalo | $1,211 |
| Amherst | $1,582 |
| Troy | $1,334 |
| Amityville | $2,290 |
| White Plains | $3,093 |
Most Popular Apartments in Amherst
London Towne Apartments
4453 Chestnut Ridge Road #3, Amherst, NY 14228- 1 BED
- 2 BEDS
- $1,245+
- Ask for pricing