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Apartments in Downtown Buffalo

31 - 36 of 36 Results
14
$1,450
1416 Main St Unit 113
Buffalo, NY
2 BR | Jun. 1, 2024
Contact
Dog Friendly
Cat Friendly
Masten Park
$1,150
398 Linwood Ave
Buffalo, NY
2 BR | Available Now
Contact
27
$750 - 950
904 Clinton St
Buffalo, NY
Studio - 3 BR | Available Now
Contact
Emslie
5
$950
Renovated Duplex On Buffalo's West Side
19 Herkimer St Buffalo, NY
4 BR | Ask for Availability
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Grant Ferry
13
$900
435 W Fry
Buffalo, NY
Studio - 2 BR | Available Now
Contact
Delaware W. Ferry
1
$2,250
Delnord
1149 Delaware Ave Buffalo, NY
2 BR | Jul. 1, 2024
Contact
Cat Friendly
Air Conditioning
Surface Parking
Storage
Disability Access
31 - 36 of 36 Results
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  3. Downtown Buffalo
Frequently Asked Questions

How many apartments are available in Downtown Buffalo on Rentable.co?

Rentable.co has over 50 apartments available near Downtown Buffalo.

What is the average rent for a studio apartment in Downtown Buffalo?

The average rent for a studio apartment near Downtown Buffalo is around $1,350 per month.

What is the average rent for a one-bedroom apartment in Downtown Buffalo?

The average rent for a one-bedroom apartment near Downtown Buffalo is around $1,390 per month.

What is the average rent for a two-bedroom apartment in Downtown Buffalo?

The average rent for a two-bedroom apartment near Downtown Buffalo is around $1,462 per month.

How many apartments are available in Buffalo, NY on Rentable.co?

Rentable.co has over 3,380 apartments available in Buffalo.

What is the average rent for a studio apartment in Buffalo, NY?

The average rent for a studio apartment in Buffalo is around $1,300 per month.

What is the average rent for a one-bedroom apartment in Buffalo, NY?

The average rent for a one-bedroom apartment in Buffalo is around $1,280 per month.

What is the average rent for a two-bedroom apartment in Buffalo, NY?

The average rent for a two-bedroom apartment in Buffalo is around $1,390 per month.

How expensive is it to rent an apartment in Buffalo, NY?

For a two-bedroom apartment in Buffalo, the average rent price is $1,390 per month, which is lower than the national average of $1,620 per month.

Can I afford an apartment for rent in Buffalo, NY?

Based on average rent prices in Buffalo, to afford a studio apartment you would need an annual household income of $52,000 to live comfortably.

Downtown Buffalo Neighborhood Summary

Buffalo is a great city with lots of great neighborhoods to live in and fun places to hang out. And the heart of the city is downtown. Living in Buffalo’s downtown means being only a short walk away from the best parks, shops, restaurants, and workplaces in the city.

Buffalo:
May Rent Report

Welcome to the May 2024 Buffalo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 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

$1,500
$1,130
$750
$380
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Buffalo Rent Prices Increase From April to May

Buffalo rent prices increased over the last month. From April to May, the city experienced a 4.66% increase for the price of a one-bedroom apartment. The rent price for a Buffalo one-bedroom apartments currently stands at $1,234.0.

When we take a look at the two-bedroom comparison from April to May, Buffalo experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Buffalo two-bedroom apartments currently stands at $1,305.0.

May Prices: Buffalo vs. Surrounding Areas

Amherst, NY
East Amherst, NY
Buffalo, NY
Tonawanda, NY
Cheektowaga, NY
Hamburg, NY
Williamsville, NY
Lockport, NY
$1,434
$1,371
$1,179
$1,172
$1,150
$1,096
$928
$825
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

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 5 of the Buffalo suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Hamburg, NY, Tonawanda, NY, Amherst, NY, Williamsville, NY, Lockport, NY .

  • Rent decreased in Cheektowaga, NY, East Amherst, NY.

  • 2 suburbs are currently priced higher than the city of Buffalo.

  • 5 suburbs are currently priced lower than the city of Buffalo.

May 2024 Pricing Trends: Buffalo vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Buffalo, NY
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,179
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Buffalo, NY $1,179.0 5.55% $1,305.0 0.08%
Cheektowaga, NY $1,150.0 -0.09% $1,226.0 -0.08%
Hamburg, NY $1,096.0 2.33% $1,195.0 0.00%
Tonawanda, NY $1,172.0 0.60% $1,311.0 -1.06%
Amherst, NY $1,434.0 5.36% $1,788.0 -0.89%
East Amherst, NY $1,371.0 -0.36% $1,459.0 -0.21%
Williamsville, NY $928.0 1.75% $1,862.0 -0.96%
Lockport, NY $825.0 1.23% $1,166.0 6.48%

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.

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