Average Rent in Buffalo, NY and Rent Price Trends

Rent price trends in
Buffalo, NY

Rent price trends

Rent prices for all bedroom counts and property types in Buffalo, NY have decreased by 1% in the last month and have increased by 8% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Buffalo, NY
The monthly rent for an apartment in Buffalo, NY is $1,350. A 1-bedroom apartment in Buffalo, NY costs about $1,250 on average, while a 2-bedroom apartment is $1,375. Houses for rent in Buffalo, NY are more expensive, with an average monthly cost of $1,900.


1 bedroom	$1,237	3%	13%
2 bedroom	$1,400	3%	5%
3 bedroom	$1,500	2%	11%
4 bedroom	$2,374	3%	27%
Studio	$1,075	1%	19%

		Comparables
Allen	$1,400
Black Rock	$1,250
Bryant	$1,490
Central Business District	$2,300
Delaware West Ferry	$1,650
Forest	$1,565
Front Park	$1,195
Lasalle	$1,367
Masten Park	$2,099
North Park	$1,350


Apartments	$1,350	1%	No Change
Condos	$1,475	2%	No Change
Houses	$1,900	11%	No Change
Rooms	$979	5%	-

Studio

Average rent

$1,075

Last 30 days

Last year

19%

1 bedroom

Average rent

$1,237

Last 30 days

Last year

13%

2 bedroom

Average rent

$1,400

Last 30 days

Last year

3 bedroom

Average rent

$1,500

Last 30 days

Last year

11%

4 bedroom

Average rent

$2,374

Last 30 days

Last year

27%

The table above reflects average rent prices in Buffalo, NY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Buffalo, NY to other cities

Median rent prices in Buffalo, NY for all bedroom counts and property types compared to Cheektowaga, NY.

Buffalo

Median rent price$1,400

28%

lower than the national median

Median rent price$1,397

28%

lower than the national median

Takeaway

The median rent for all rentals in Buffalo, NY is equal to the median rent in Cheektowaga, NY.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Cheektowaga

$1,397

Last year

East Amherst

$1,975

Last year

Getzville

$1,395

Last year

Grand Island

$1,507

20%

Last year

Hamburg

$1,295

Last year

Lockport

$1,075

Flat

Last year

Niagara Falls

$1,300

19%

Last year

Niagara Falls

$2,020

Flat

Last year

North Tonawanda

$1,600

12%

Last year

Orchard Park

$1,840

13%

Last year

Tonawanda

$1,212

11%

Last year

Williamsville

$2,239

Last year

Cost of living in
Buffalo, NY

The overall cost of living in Buffalo, NY is 4% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.