1. New York
  2. Buffalo NY
Updated April 24, 2026

Average Rent in Buffalo NY

5 apartment buildings, 11 units. Real prices pulled from each property's leasing system this morning.

Avg Rent

$2,020/mo

market average

Cheapest

$1,157/mo

Park Place Townhomes

Properties

5

tracked daily

Units

11

available now

Analysis

Rent Price Breakdown

Compare pricing across all 5 properties in Buffalo NY.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Buffalo NY Rent Prices

All 5 properties ranked by lowest available rent.

Explore Each Property

Buffalo NY Average Rent Prices 2026

The average rent in Buffalo NY is $2,020 per month, based on 11 units across 5 apartment communities. Prices range from $1,157 at Park Place Townhomes to $1,580 at Barcalo Living.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
1 Bed $1,590/mo $1,580/mo 2
2 Bed $1,575/mo $1,157/mo 6
3 Bed $3,197/mo $3,185/mo 3

Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Buffalo NY, and what they pay

Tracked one-bedroom rent in Buffalo NY averages $1,590/mo, with two-bedroom units averaging $1,575/mo. At the local median household income of $48,050, that works out to 50% of gross income — a severely rent-burdened market by HUD standards.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Buffalo NY at $989/mo. The current tracked market average runs 104% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Buffalo NY while the tracked market average covers units currently listed in larger apartment communities.

What salary do I need to live comfortably in Buffalo NY?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$81,000/year

30 percent rule — using our average rent of $2,020/mo.

Comfortable income

$97,000/year

25 percent rule — leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,157/mo), you need to earn at least $46,000/year.

Median household income in Buffalo NY is $48,050 — about 50% below the comfortable-living threshold.

Cost of living in Buffalo NY

Overall prices in Buffalo NY runs below the national average by about 5% (BEA Regional Price Parity index 94.9, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Buffalo NY's regional price parities.

Category Monthly estimate
Rent (market average) $2,020
Utilities $327
Groceries $526
Transportation $779
Healthcare $380
Other goods and services $608
Estimated total $4,638/mo

Population

276,397

Median household income

$48,050

Census median rent

$989/mo

Rent as % of income

31.3%

Median age

34.3

Mean commute

20 min

Methodology

† Rent data is sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living estimates for utilities, groceries, transportation, healthcare, and other goods and services combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures (median household income, population, median age, commute time, Census median rent, rent as percentage of income) come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Rent Trends in Buffalo NY

Track how apartment prices are changing over time.

View Rent Trends
Adding new buildings daily

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