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Rental Market Trends in Buffalo, NY

What is the average rent in Buffalo, NY?

$1,189/month

Average Rent

666 Sq Ft

Average Apartment Size

+1%

Increase in the Last Year

As of June 2025, the average rent in Buffalo, NY is $1,189 per month. This is 27% lower than the national average rent of $1,628/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 $1,029 per month for a studio, $1,189 for a one-bedroom apartment, and around $1,417 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,509 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,029/month
409 Sq Ft
One Bedroom
$1,189/month
666 Sq Ft
Two Bedroom
$1,417/month
922 Sq Ft
Three Bedroom
$1,509/month
1,102 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,595/month
655 Sq Ft
Two Bedroom
$2,075/month
1,260 Sq Ft
Three Bedroom
$2,384/month
1,156 Sq Ft
Four Bedroom
$3,543/month
1,788 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,473/month
640 Sq Ft
Two Bedroom
$2,110/month
1,066 Sq Ft
Three Bedroom
$1,484/month
612 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,228/month
1,459 Sq Ft
Three Bedroom
$2,657/month
1,651 Sq Ft

How much has average rent changed in Buffalo, NY?

In the past year, rent has increased by 1%, which averages out to $12 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 June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Buffalo, NY
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Buffalo, NY
Percentage*
Rent Range
3% Below $700/month
20% $700 - $1,000/month
48% $1,001 - $1,500/month
21% $1,501 - $2,000/month
7% 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, Front Park, Delaware-West Ferry and LaSalle are the most affordable neighborhoods in Buffalo.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Front Park
$1,355/month
572 Sq Ft
Delaware-West Ferry
$1,431/month
636 Sq Ft
LaSalle
$1,465/month
456 Sq Ft
Starin Central
$1,478/month
463 Sq Ft
East Amherst/Williamsville
$1,528/month
753 Sq Ft
Linwood Historic District
$1,559/month
728 Sq Ft
Bryant
$1,631/month
800 Sq Ft
Perry
$1,710/month
941 Sq Ft
Allen
$1,730/month
832 Sq Ft
First Ward
$1,744/month
782 Sq Ft

What are the most expensive neighborhoods in Buffalo?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Government Sector
$2,022/month
717 Sq Ft
Columbus
$2,019/month
687 Sq Ft
Joseph Ellicott Historic District
$2,007/month
699 Sq Ft
West Village
$1,929/month
755 Sq Ft
Theater Historic District
$1,897/month
842 Sq Ft
Downtown Buffalo
$1,880/month
729 Sq Ft
Masten Park
$1,853/month
907 Sq Ft
Fruit Belt
$1,846/month
838 Sq Ft
Medical Park
$1,802/month
840 Sq Ft
Delaware Historic District
$1,760/month
884 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
$1,528/month
753 Sq Ft
Allen
$1,730/month
832 Sq Ft
Medical Park
$1,802/month
840 Sq Ft
Fruit Belt
$1,846/month
838 Sq Ft
Theater Historic District
$1,897/month
842 Sq Ft
Downtown Buffalo
$1,880/month
729 Sq Ft
Bryant
$1,631/month
800 Sq Ft
Government Sector
$2,022/month
717 Sq Ft
Delaware-West Ferry
$1,431/month
636 Sq Ft
Joseph Ellicott Historic District
$2,007/month
699 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 $1,189, you’ll want to make about $3,963 per month or $47,556 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 4.3% lower than the national average. Generally, housing in Buffalo is 5.1% less expensive than the national average, with rent falling between $1,029 - $1,509. You can expect to pay 2.5% less for groceries, 5.0% less for utilities, and 1.8% more for transportation.

City

Buffalo, NY

1,768 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

Front Park

Buffalo, NY

Government Sector

Buffalo, NY

Studio
$1,117/month
-
One Bedroom
$1,165/month
-
Two Bedroom
$1,434/month
-
Three Bedroom
$1,543/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

3 Beds | $1,645 - $1,745

Trico Building Apartments

Trico Building Apartments

628 Ellicott St,
Buffalo, NY 14203

Studio - 4 Beds | $1,495 - $4,050

Park75

Park75

1175 Delaware Ave,
Buffalo, NY 14209

Studio - 2 Beds | $1,049 - $2,329

The Grid

The Grid

1155 Main St,
Buffalo, NY 14209

Studio - 2 Beds | $1,239 - $2,200

Property Management Companies in Buffalo, NY

Gold Wynn
Gold Wynn
  • 20

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  • 2,337

    Units

  • 3

    Cities

15 Communities in Buffalo
Sinatra and Company
Sinatra and Company
  • 25

    Communities

  • 2,882

    Units

  • 9

    Cities

14 Communities in Buffalo
Glendale Development
Glendale Development
  • 31

    Communities

  • 3,511

    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.
  • 61

    Communities

  • 7,265

    Units

  • 51

    Cities

5 Communities in Buffalo
The Related Companies
The Related Companies
  • 56

    Communities

  • 14,472

    Units

  • 32

    Cities

3 Communities in Buffalo
Birgo Capital
Birgo Capital
  • 18

    Communities

  • 1,087

    Units

  • 12

    Cities

3 Communities in Buffalo
Greystar
Greystar
  • 3,265

    Communities

  • 907,877

    Units

  • 844

    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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity