Last updated
Average Rent in Buffalo, NY & Rent Trends
Rent prices and market trends across 4 apartment communities in Buffalo, NY. Updated daily.
Market Average
$1,819/mo
Lowest Available
$1,125/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
18
available now
Rent by Neighborhood in Buffalo, NY
Compare average rent across Buffalo, NY neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Lakeview | $1,935 | $1,645 | 1 | 3 |
| Perry | $1,840 | $1,125 | 2 | 14 |
| Abbott McKinley | $1,175 | $1,175 | 1 | 1 |
Is Rent Going Up or Down in Buffalo, NY?
As of June 2026, the average rent in Buffalo, NY is $1,819 per month across 4 apartment communities and 18 available units.
The most affordable option is Standard Property Management starting at $1,125/mo. By unit type, a studio averages $1,950/mo, a 1-bedroom averages $1,229/mo, a 2-bedroom averages $1,930/mo, a 3-bedroom averages $2,425/mo.
Prices range from $1,125 to $2,812 per month. The most common price point is the $1,000 range, where 5 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Buffalo, NY
Rent Prices by Apartment in Buffalo, NY
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Standard Property Management | $1,125/mo | $1,279/mo | 7 | 3.8 |
| Park Place Townhomes | $1,175/mo | $1,175/mo | 1 | 2.9 |
| Niagara Square | $1,645/mo | $1,935/mo | 3 | 4 |
| Barcalo Living | $1,963/mo | $2,401/mo | 7 | 4.7 |
Google Search Trends for Buffalo, NY Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Buffalo, NY
What is the average rent in Buffalo, NY?
Is rent going up or down in Buffalo, NY?
What is the cheapest apartment in Buffalo, NY?
How much is a 1-bedroom apartment in Buffalo, NY?
How many apartments are available in Buffalo, NY?
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
$73,000/year
Based on the 30 percent rule, using our tracked average rent of $1,819/mo.
Comfortable income
$87,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,125/mo), you need to earn at least $45,000/year.
Median household income in Buffalo, NY is $48,050 , about 45% 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) | $1,819 |
| Utilities | $327 |
| Groceries | $526 |
| Transportation | $779 |
| Healthcare | $380 |
| Other goods and services | $608 |
| Estimated total | $4,437/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
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 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, and 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.
Explore Buffalo, NY Apartments
Browse all 4 communities with daily-updated pricing and availability.