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Rental Market Trends in Tonawanda, NY

What is the average rent in Tonawanda, NY?

$1,116/month

Average Rent

604 Sq Ft

Average Apartment Size

+0.4%

Increase in the Last Year

As of March 2026, the average rent in Tonawanda, NY is $1,116 per month. This is 31% lower than the national average rent of $1,627/month, making renting in Tonawanda more affordable than most cities in the US. When you rent an apartment in Tonawanda, you can expect to pay about $904 per month for a studio, $1,116 for a one-bedroom apartment, and around $1,230 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,141 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$904/month
370 Sq Ft
One Bedroom
$1,116/month
604 Sq Ft
Two Bedroom
$1,230/month
785 Sq Ft
Three Bedroom
$1,141/month
773 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,026/month
1,164 Sq Ft
Four Bedroom
$3,789/month
1,734 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,203/month
675 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Tonawanda, NY?

In the past year, rent has increased by 0.4%, which averages out to $5 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 March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Tonawanda, NY
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Tonawanda, NY
Percentage*
Rent Range
0% Below $700/month
23% $700 - $1,000/month
77% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

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

What are the most affordable neighborhoods in Tonawanda?

Based on current rent prices, Colvin Estates and Raintree Island" are the most affordable neighborhoods in Tonawanda.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Colvin Estates
$1,208/month
725 Sq Ft
Raintree Island
$1,233/month
646 Sq Ft

What are the most expensive neighborhoods in Tonawanda?

Based on current rent prices, Raintree Island and Colvin Estates" are the most expensive neighborhoods in Tonawanda.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Raintree Island
$1,233/month
646 Sq Ft
Colvin Estates
$1,208/month
725 Sq Ft

Which Tonawanda neighborhoods have the most rentals available?

The neighborhoods in Tonawanda with the most apartments available are Raintree Island and Colvin Estates" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Raintree Island
$1,233/month
646 Sq Ft
Colvin Estates
$1,208/month
725 Sq Ft
This information is based on data collected by CoStar Group researchers.†

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

Because the average rent in Tonawanda is $1,116, you’ll want to make about $3,720 per month or $44,640 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

Tonawanda, NY

677 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Tonawanda, 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 Tonawanda, NY

Apartment Averages

Colvin Estates

Tonawanda, NY

Raintree Island

Tonawanda, NY

Studio
-
-
One Bedroom
-
$1,177/month
Two Bedroom
-
$1,392/month
Three Bedroom
-
-
Search
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Nearby City Rent Trends

  • North Tonawanda Average Rent
  • Grand Island Average Rent
  • Amherst Average Rent
  • Getzville Average Rent
  • Buffalo Average Rent

Apartment communities in Tonawanda we think you'll love

Raintree Island Apartment Homes

Raintree Island Apartment Homes

103 Raintree Is,
Tonawanda, NY 14150

$1,060 - $2,586

1-2 Beds

Deer Lakes Apartments

Deer Lakes Apartments

1410 Deer Lakes Dr,
Amherst, NY 14228

$1,595 - $2,075

1-2 Beds

The Rails

The Rails

2939 Main St,
Buffalo, NY 14214

$1,460 - $2,079

1-2 Beds

The John Kam Malt House

The John Kam Malt House

356 Hertel Ave,
Buffalo, NY 14207

$1,399 - $2,629

1-2 Beds

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United States New York Tonawanda 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 February 2026.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity