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Rental Market Trends in Buffalo, NY

What is the average rent in Buffalo, NY?

$1,226/month

Average Rent

677 Sq Ft

Average Apartment Size

+1.9%

Increase in the Last Year

As of December 2025, the average rent in Buffalo, NY is $1,226 per month. This is 25% lower than the national average rent of $1,632/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 $1,075 per month for a studio, $1,226 for a one-bedroom apartment, and around $1,429 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,677 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,075/month
411 Sq Ft
One Bedroom
$1,226/month
677 Sq Ft
Two Bedroom
$1,429/month
915 Sq Ft
Three Bedroom
$1,677/month
1,099 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,171/month
479 Sq Ft
Two Bedroom
$1,962/month
1,156 Sq Ft
Three Bedroom
$2,211/month
1,343 Sq Ft
Four Bedroom
$2,823/month
1,696 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,318/month
518 Sq Ft
Two Bedroom
$1,692/month
1,002 Sq Ft
Three Bedroom
$1,182/month
500 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,935/month
1,354 Sq Ft
Three Bedroom
$2,610/month
1,707 Sq Ft

How much has average rent changed in Buffalo, NY?

In the past year, rent has increased by 1.9%, which averages out to $24 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Buffalo, NY
Last Updated December 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Buffalo, NY
Percentage*
Rent Range
3% Below $700/month
17% $700 - $1,000/month
47% $1,001 - $1,500/month
25% $1,501 - $2,000/month
8% Above $2,000/month

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, Paris Heights, Mayberry Estates and The Willows North are the most affordable neighborhoods in Buffalo.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Paris Heights
$1,138/month
558 Sq Ft
Mayberry Estates
$1,138/month
558 Sq Ft
The Willows North
$1,264/month
668 Sq Ft
Front Park
$1,313/month
972 Sq Ft
Prospect Porter
$1,368/month
593 Sq Ft
LaSalle
$1,380/month
499 Sq Ft
Linwood Historic District
$1,399/month
713 Sq Ft
Starin Central
$1,405/month
496 Sq Ft
Bryant
$1,406/month
733 Sq Ft
Delaware-West Ferry
$1,410/month
679 Sq Ft

What are the most expensive neighborhoods in Buffalo?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Joseph Ellicott Historic District
$1,895/month
746 Sq Ft
Columbus
$1,848/month
670 Sq Ft
Downtown Buffalo
$1,815/month
789 Sq Ft
Theater Historic District
$1,795/month
936 Sq Ft
Fruit Belt
$1,746/month
888 Sq Ft
West Village
$1,716/month
695 Sq Ft
First Ward
$1,702/month
790 Sq Ft
Medical Park
$1,692/month
882 Sq Ft
Allen
$1,630/month
847 Sq Ft
Perry
$1,576/month
882 Sq Ft

Which Buffalo neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
East Amherst/Williamsville
$1,443/month
755 Sq Ft
Allen
$1,630/month
847 Sq Ft
Medical Park
$1,692/month
882 Sq Ft
Fruit Belt
$1,746/month
888 Sq Ft
Delaware-West Ferry
$1,410/month
679 Sq Ft
Downtown Buffalo
$1,815/month
789 Sq Ft
Bryant
$1,406/month
733 Sq Ft
Linwood Historic District
$1,399/month
713 Sq Ft
Theater Historic District
$1,795/month
936 Sq Ft
Joseph Ellicott Historic District
$1,895/month
746 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 $1,226, you’ll want to make about $4,086 per month or $49,032 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 3.6% lower than the national average. Generally, housing in Buffalo is 2.2% less expensive than the national average, with rent falling between $1,075 - $1,677. You can expect to pay 2.7% less for groceries, 7.7% less for utilities, and 1.4% more for transportation.

City

Buffalo, NY

1,896 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

Paris Heights

Buffalo, NY

Joseph Ellicott Historic District

Buffalo, NY

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

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

Apartment communities in Buffalo we think you'll love

The Goodyear Mansion & Residences

The Goodyear Mansion & Residences

888 Delaware Ave,
Buffalo, NY 14209

$1,290 - $3,000

Studio - 3 Beds

The Grid

The Grid

1155 Main St,
Buffalo, NY 14209

$1,239 - $2,200

Studio - 2 Beds

The Rails

The Rails

2939 Main St,
Buffalo, NY 14214

$1,460 - $2,124

1-2 Beds

Trico Building Apartments

Trico Building Apartments

628 Ellicott St,
Buffalo, NY 14203

$1,526 - $2,547

Studio - 1 Bed

Property Management Companies in Buffalo, NY

Gold Wynn
Gold Wynn
  • 17

    Communities

  • 1,477

    Units

  • 3

    Cities

14 Communities in Buffalo
Sinatra & Co.
Sinatra & Co.
  • 24

    Communities

  • 2,830

    Units

  • 8

    Cities

13 Communities in Buffalo
Glendale Development
Glendale Development
  • 31

    Communities

  • 3,536

    Units

  • 12

    Cities

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

    Communities

  • 2,828

    Units

  • 7

    Cities

7 Communities in Buffalo
Clover Group Inc.
Clover Group Inc.
  • 63

    Communities

  • 7,510

    Units

  • 53

    Cities

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

    Communities

  • 14,162

    Units

  • 33

    Cities

3 Communities in Buffalo
The United Group of Companies, Inc.
The United Group of Companies, Inc.
  • 17

    Communities

  • 1,956

    Units

  • 12

    Cities

2 Communities in Buffalo
Greystar
Greystar
  • 3,449

    Communities

  • 951,242

    Units

  • 875

    Cities

1 Community 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity