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Buffalo:
August Rent Report

Welcome to the August 2025 Buffalo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the August 2025 key findings and figures for the Buffalo rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Buffalo and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Buffalo average rent prices in the chart below.

Monthly Rent Report

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1 BR 2 BR

Buffalo Rent Prices Increase From July to August

Buffalo rent prices increased over the last month. From July to August, the city experienced a 14.73% increase for the price of a one-bedroom apartment. The rent price for a Buffalo one-bedroom apartments currently stands at $623.0.

When we take a look at the two-bedroom comparison from July to August, Buffalo experienced a -8.46% decrease for the price of a two-bedroom apartment. The rent price for a Buffalo two-bedroom apartments currently stands at $725.0.

August Prices: Buffalo vs. Surrounding Areas

Rent Prices in Buffalo and Surrounding Areas

Rent prices have increased in Buffalo over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Buffalo suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rents did not increase in any of the Buffalo suburbs
Rents did not decrease in any of the Buffalo suburbs.

August 2025 Pricing Trends: Buffalo vs. National Comparisons

Buffalo Rent Prices More Affordable Than Major Cities

Rent growth in Buffalo over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Buffalo average rent prices appear to be relatively affordable for local residents.

The price for a Buffalo one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Buffalo and surrounding area rent prices, take a look at the complete data set below.

Data set for Buffalo and suburbs

	1 BR August	1 BR M/M % Change	2 BR August	2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.