Buffalo, NY Rental Market Trends
What is the average rent in Buffalo?
The average rent for an apartment in Buffalo is $1,438. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Buffalo, NY
Last updated October 2024
| Average Rent | Average Apartment Size |
|---|---|
| $1,438 | 810 sq. ft. |
What is the average apartment size in Buffalo?
The average size for a Buffalo, NY apartment is 810 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.
Buffalo, NY apartment rent ranges
Buffalo, NY Occupied Housing Units
68,204 or 57% of the households in Buffalo, NY are renter-occupied while 50,693 or 43% are owner-occupied.
Buffalo, NY rent trends
Average Rent in Buffalo, NY By Neighborhood
| City | Average Rent |
|---|---|
| State Hospital | $2,343 |
| Forest | $1,633 |
| Grant Ferry | $1,633 |
| Genesee Moselle | $1,563 |
| Grider | $1,563 |
| Kenfield | $1,563 |
| Kensington | $1,563 |
| Schiller Park | $1,563 |
| Fruit Belt | $1,478 |
| Willert Park | $1,478 |
| Front Park | $1,471 |
| Perry | $1,447 |
| Downtown Buffalo | $1,445 |
| LaSalle | $1,440 |
| Leroy | $1,440 |
| University | $1,440 |
| First Ward | $1,420 |
| South Ellicott | $1,357 |
| Cold Spring | $1,348 |
| Masten Park | $1,348 |
| Tifft | $1,336 |
| Hamlin Park | $1,321 |
| Parkside | $1,321 |
| Delaware Park | $1,313 |
| Starin Central | $1,313 |
| Bryant | $1,312 |
| Delaware - West Ferry | $1,312 |
| Albright | $1,309 |
| Military | $1,303 |
| North Delaware | $1,303 |
| North Park | $1,303 |
| Park Meadow | $1,303 |
| South Park | $1,249 |
| Buffalo State | $1,215 |
| Abbott McKinley | $1,103 |
| South Abbott | $1,103 |
| Triangle | $1,103 |
| Waterfront | $1,053 |
| Cazenovia Park | $1,023 |
| Allentown | $996 |
| Columbus | $996 |
| Lakeview | $989 |
| Babcock | $683 |
| Emslie | $683 |
| Seneca | $683 |
| Valley | $683 |
/
/
What are the most affordable neighborhoods in Buffalo?
The most affordable neighborhoods in Buffalo are Babcock, where the average rent goes for $683/month, Emslie, where renters pay $683/mo on average, and Seneca, where the average rent goes for $683/mo. If you’re looking for other great deals, check out the listings from Valley ($683), Lakeview ($989), and Allentown ($996), where the asking prices are below the average Buffalo rent of $1,438/mo.
What are the most expensive neighborhoods in Buffalo?
The most expensive neighborhoods in Buffalo are Forest ($1,633), Grant Ferry ($1,633) and State Hospital ($2,343).
What are the most popular neighborhoods in Buffalo?
The most popular neighborhood in Buffalo is Bryant, where there are 10 listings with an average rent of $1,312. Next up is Delaware - West Ferry, where apartments go for $1,312/month, followed by Allentown with $996 If you’re looking to rent in Buffalo’s most popular neighborhoods, make sure to also check out Willert Park, where renters pay $1,478 on average, and Forest, where the average monthly rent is $1,633.
Buffalo | Rent Comparison by Neighborhood
Rent in Abbott McKinley is 16% lower than in Albright
$1,103
Abbott McKinley rent is 23% lower than Buffalo average
Average Rent
$1,103
$1,309
Albright rent is 9% lower than Buffalo average
Average Rent
$1,309
How Buffalo Compares to Other Cities
| State | Average Rent |
|---|---|
| New York City | $4,641 |
| Manhattan | $5,025 |
| Hudson Valley | $2,215 |
| Brooklyn | $3,571 |
| Bronx | $1,923 |
| Queens | $3,117 |
| Ithaca | $2,187 |
| Buffalo | $1,438 |
| Albany | $1,691 |
| Yonkers | $2,494 |
| Amityville | $2,788 |
| North Tonawanda | $1,506 |
| Niagara Falls | $979 |
| Lackawanna | $1,555 |
| Sanborn | $995 |
What is the average price for a storage unit in Buffalo?
The average rent for a non-climate-controlled 10'x10' storage unit in Buffalo is $104.3. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.
Most Popular Apartments in Buffalo
.jpeg?width=480&quality=90)
The Phoenix Brewery Apartments
847 Washington St, Buffalo, NY 14203| 1 BED | $1,575+ |
| 2 BEDS | $1,625+ |
.jpg?width=480&quality=90)
Mid City Apartments
1665 Main Street, Buffalo, NY 14209| 1 BED | $1,525+ |
| 2 BEDS | $1,650+ |
Barton Apartments
140 Hodge Ave, Buffalo, NY 14222| 2 BEDS | $2,529 |
.jpeg?width=480&quality=90)
The Ingleside Apartments
70 Harvard Place, Buffalo, NY 14209| 1 BED | $1,300 |
| 2 BEDS | N/A |