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Rental Market Trends in Grand Island, NY

Updated July 2026

The average rent in Grand Island, NY is $1,221/month.

Rent in Grand Island is 27% lower than the national average rent of $1,663/month, making this one of the less expensive cities statewide.

$1,221/month

Average Rent

740 Sq Ft

Average Size

+1.6%

Change / Year

116

Available Apartments

Grand Island rent varies by unit size and layout:

  • Studio apartments in Grand Island average $940 per month.
  • One-bedroom apartments in Grand Island average $1,221 per month.
  • Two-bedroom apartments in Grand Island average $1,568 per month.
  • Three-bedroom apartments in Grand Island average $2,437 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$940/month
268 Sq Ft
One Bedroom
$1,221/month
740 Sq Ft
Two Bedroom
$1,568/month
1,020 Sq Ft
Three Bedroom
$2,437/month
1,352 Sq Ft
View Grand Island Apartments

How much has average rent changed in Grand Island, NY?

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

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Grand Island, NY

July 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Grand Island, NY
Percentage*
Rent Range
0% Below $700/month
25% $700 - $1,000/month
58% $1,001 - $1,500/month
0% $1,501 - $2,000/month
17% Above $2,000/month

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

Because the average rent in Grand Island is $1,221, you’ll want to make about $4,070 per month or $48,840 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.

City

Grand Island, NY

116 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Grand Island, 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.

View the Grand Island Area Guide

Apartment Averages

Compare Rent Trends Nearby

Get a clearer picture of the area by viewing rent trends in nearby cities.

  • Tonawanda

    Tonawanda

  • North Tonawanda

    North Tonawanda

Apartment Communities in Grand Island We Think You'll Love

Country Glenn Apartments

Country Glenn Apartments

2155 Bedell Rd,
Grand Island, NY 14072

Studio - 2 Beds | $925 - $1,750

Heron Pointe  Apartments

Heron Pointe Apartments

1993 Grand Island Blvd,
Grand Island, NY 14072

1-3 Beds | $1,500 - $2,711

600 River Road Apartments

600 River Road Apartments

600 River Rd,
North Tonawanda, NY 14120

1-2 Beds | $1,735 - $3,995

Town Hall Terrace

Town Hall Terrace

2255 Center Ter,
Grand Island, NY 14072

1-3 Beds | $1,115 - $2,300

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Frequently Asked Questions

What is the average rent in Grand Island?

The average rent in Grand Island is $1,221 per month, which is 26.6% lower than the national average of $1,663.

Are rents going up or down in Grand Island?

Rents in Grand Island, NY are increasing, with prices up 1.6% year-over-year and $20 more per month.

What rent range is most common in Grand Island?

In Grand Island, NY, 58% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.

United States New York Grand Island 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 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity