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Rental Market Trends in Buffalo, NY

What is the average rent in Buffalo, NY?

$1,220/month

Average Rent

665 Sq Ft

Average Apartment Size

+1.6%

Increase in the Last Year

As of September 2025, the average rent in Buffalo, NY is $1,220 per month. This is 26% lower than the national average rent of $1,640/month, making renting in Buffalo more affordable than most cities in the US. When you rent an apartment in Buffalo, you can expect to pay about $1,079 per month for a studio, $1,220 for a one-bedroom apartment, and around $1,438 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,538 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,079/month
409 Sq Ft
One Bedroom
$1,220/month
665 Sq Ft
Two Bedroom
$1,438/month
905 Sq Ft
Three Bedroom
$1,538/month
1,102 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,710/month
630 Sq Ft
Two Bedroom
$1,891/month
1,062 Sq Ft
Three Bedroom
$2,347/month
1,360 Sq Ft
Four Bedroom
$3,107/month
1,865 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,301/month
554 Sq Ft
Two Bedroom
$1,957/month
944 Sq Ft
Three Bedroom
$1,298/month
342 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,833/month
1,203 Sq Ft
Three Bedroom
$2,762/month
1,719 Sq Ft

How much has average rent changed in Buffalo, NY?

In the past year, rent has increased by 1.6%, which averages out to $20 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Buffalo?

Based on current rent prices, Black Rock, Paris Heights and Mayberry Estates are the most affordable neighborhoods in Buffalo.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Black Rock
$1,162/month
599 Sq Ft
Paris Heights
$1,186/month
551 Sq Ft
Mayberry Estates
$1,186/month
551 Sq Ft
Front Park
$1,250/month
730 Sq Ft
Prospect Porter
$1,268/month
750 Sq Ft
Delaware-West Ferry
$1,443/month
660 Sq Ft
LaSalle
$1,451/month
453 Sq Ft
Starin Central
$1,462/month
468 Sq Ft
Linwood Historic District
$1,478/month
676 Sq Ft
Bryant
$1,483/month
754 Sq Ft

What are the most expensive neighborhoods in Buffalo?

Based on current rent prices, Columbus, Joseph Ellicott Historic District and Government Sector are the most expensive neighborhoods in Buffalo.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Columbus
$1,952/month
694 Sq Ft
Joseph Ellicott Historic District
$1,897/month
715 Sq Ft
Government Sector
$1,896/month
737 Sq Ft
Downtown Buffalo
$1,874/month
747 Sq Ft
West Village
$1,849/month
784 Sq Ft
Theater Historic District
$1,828/month
843 Sq Ft
Fruit Belt
$1,773/month
828 Sq Ft
Medical Park
$1,731/month
818 Sq Ft
Allen
$1,705/month
826 Sq Ft
Perry
$1,652/month
1,005 Sq Ft

Which Buffalo neighborhoods have the most rentals available?

The neighborhoods in Buffalo with the most apartments available are East Amherst/Williamsville, Medical Park and Allen .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Amherst/Williamsville
$1,514/month
769 Sq Ft
Medical Park
$1,731/month
818 Sq Ft
Allen
$1,705/month
826 Sq Ft
Fruit Belt
$1,773/month
828 Sq Ft
Theater Historic District
$1,828/month
843 Sq Ft
Downtown Buffalo
$1,874/month
747 Sq Ft
Government Sector
$1,896/month
737 Sq Ft
Bryant
$1,483/month
754 Sq Ft
Joseph Ellicott Historic District
$1,897/month
715 Sq Ft
Delaware-West Ferry
$1,443/month
660 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Buffalo is $1,220, you’ll want to make about $4,066 per month or $48,792 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Buffalo, NY is 3.9% lower than the national average. Generally, housing in Buffalo is 4.0% less expensive than the national average, with rent falling between $1,079 - $1,538. You can expect to pay 2.5% less for groceries, 5.7% less for utilities, and 2.5% more for transportation.

City

Buffalo, NY

1,877 Available Apartments for Rent

Search for Nearby Apartments

How does Buffalo, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Buffalo, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Buffalo, NY

Apartment Averages

Black Rock

Buffalo, NY

Columbus

Buffalo, NY

Studio
-
$1,019/month
One Bedroom
$1,195/month
$1,178/month
Two Bedroom
$1,489/month
$1,500/month
Three Bedroom
$1,804/month
$1,458/month
Search
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Nearby City Rent Trends

  • Cheektowaga Average Rent
  • West Seneca Average Rent
  • Tonawanda Average Rent

Apartment communities in Buffalo we think you'll love

Kaymar Duplexes

Kaymar Duplexes

301 Kaymar Dr,
Buffalo, NY 14228

$1,645 - $1,745

3 Beds

The Rails

The Rails

2939 Main St,
Buffalo, NY 14214

$1,480 - $2,355

1-2 Beds

Trico Building Apartments

Trico Building Apartments

628 Ellicott St,
Buffalo, NY 14203

$1,611 - $3,950

Studio - 4 Beds

Park75

Park75

1175 Delaware Ave,
Buffalo, NY 14209

$1,049 - $2,329

Studio - 2 Beds

Property Management Companies in Buffalo, NY

Gold Wynn
Gold Wynn
  • 18

    Communities

  • 1,590

    Units

  • 3

    Cities

15 Communities in Buffalo
Sinatra and Company
Sinatra and Company
  • 24

    Communities

  • 2,873

    Units

  • 9

    Cities

13 Communities in Buffalo
MJ Peterson Real Estate
MJ Peterson Real Estate
  • 21

    Communities

  • 2,828

    Units

  • 7

    Cities

7 Communities in Buffalo
Glendale Development
Glendale Development
  • 30

    Communities

  • 3,458

    Units

  • 12

    Cities

6 Communities in Buffalo
Clover Group Inc.
Clover Group Inc.
  • 62

    Communities

  • 7,384

    Units

  • 52

    Cities

5 Communities in Buffalo
The Related Companies
The Related Companies
  • 57

    Communities

  • 14,329

    Units

  • 33

    Cities

3 Communities in Buffalo
The United Group of Companies, Inc.
The United Group of Companies, Inc.
  • 18

    Communities

  • 2,100

    Units

  • 13

    Cities

2 Communities in Buffalo
Young Development Inc.
Young Development Inc.
  • 11

    Communities

  • 1,126

    Units

  • 5

    Cities

2 Communities in Buffalo

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United States New York Buffalo Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity