Niagara Falls, NY Rental Market Trends
What is the average rent in Niagara Falls?
The average rent for an apartment in Niagara Falls is $971. The cost of rent varies depending on several factors, including location, size, and quality.
Average rent in Niagara Falls, NY
Last updated July 2024
| Average Rent | Average Apartment Size |
|---|---|
| $971 | 880 sq. ft. |
What is the average apartment size in Niagara Falls?
The average size for a Niagara Falls, NY apartment is 880 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.
Niagara Falls, NY apartment rent ranges
Niagara Falls, NY Occupied Housing Units
9,147 or 41% of the households in Niagara Falls, NY are renter-occupied while 12,983 or 59% are owner-occupied.
Niagara Falls, NY rent trends
Average Rent in Niagara Falls, NY By Neighborhood
| City | Average Rent |
|---|---|
| North Tonawanda | $1,477 |
| Lewiston | $1,218 |
| Sanborn | $1,050 |
| Lockport | $1,014 |
| Rapids | $1,014 |
| South Lockport | $1,014 |
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What are the most affordable neighborhoods in Niagara Falls?
The most affordable neighborhoods in Niagara Falls are Lockport, where the average rent goes for $1,014/month, Rapids, where renters pay $1,014/mo on average, and South Lockport, where the average rent goes for $1,014/mo.
What are the most expensive neighborhoods in Niagara Falls?
The most expensive neighborhoods in Niagara Falls are Sanborn ($1,050), Lewiston ($1,218) and North Tonawanda ($1,477).
What are the most popular neighborhoods in Niagara Falls?
The most popular neighborhood in Niagara Falls is North Tonawanda, where there are 8 listings with an average rent of $1,477. Next up is Sanborn, where apartments go for $1,050/month, followed by Lewiston with $1,218 If you’re looking to rent in Niagara Falls’s most popular neighborhoods, make sure to also check out Lockport, where renters pay $1,014 on average, and Rapids, where the average monthly rent is $1,014.
Niagara Falls | Rent Comparison by Neighborhood
Rent in Lewiston is 20% higher than in Lockport
$1,218
Lewiston rent is 25% higher than Niagara Falls average
Average Rent
$1,218
$1,014
Lockport rent is 4% higher than Niagara Falls average
Average Rent
$1,014
How Niagara Falls Compares to Other Cities
| State | Average Rent |
|---|---|
| New York City | $4,566 |
| Manhattan | $4,939 |
| Hudson Valley | $2,215 |
| Brooklyn | $3,694 |
| Bronx | $1,891 |
| Queens | $3,051 |
| Ithaca | $2,136 |
| Buffalo | $1,394 |
| Albany | $1,701 |
| Poughkeepsie | $1,981 |
| North Tonawanda | $1,477 |
| Niagara Falls | $971 |
| Lackawanna | $1,558 |
| Sanborn | $1,050 |
What is the average price for a storage unit in Niagara Falls?
The average rent for a non-climate-controlled 10'x10' storage unit in Niagara Falls is $117. Rental costs vary depending on several factors, including unit size and the storage facility's location and amenities.