Homes & Apartments for Rent in Buffalo, NY

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What to Know About

Living in Buffalo, NY

Buffalo is located on the eastern shore of Lake Erie and near Niagara Falls, which offers a variety of entertainment and employment opportunities. Visitors can admire the beautiful Art Deco City Hall, Buffalo History Museum, Albright-Knox Art Gallery, or Frank Lloyd Wright's Darwin Martin House while learning about its history. Buffalo is also home to the Buffalo Philharmonic Orchestra, which performs at Kleinhans Music Hall, one of the most acoustically perfect concert halls in the world, and the State University of New York at Buffalo and Canisius College.

Explore the city's beauty by hiking in the scenic Chestnut Ridge Park, kayaking or paddling down the tranquil Buffalo River, or biking through the city's many parks and trails. Sports fans can cheer on the Buffalo Bills (NFL) and Buffalo Sabres (NHL), both of which have passionate fan bases. The culinary scene in Buffalo is famous for its food, including Buffalo wings, beef on weck, and sponge candy. Buffalo hosts several annual events, such as the National Buffalo Wing Festival and the Taste of Buffalo.

Buffalo has a rich history, a strong economy, and a thriving arts and culture scene, making it an excellent place to live.

Rental Market Trends

Buffalo, NY

As of August 2026, Buffalo's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Buffalo's average rent is 30.7% ($674) lower than the New York average of $2,196 and 15.4% ($278) lower than the U.S. average of $1,800.

Average Rent
$1,522
Monthly ChangeMonth Over Month Change
Decreased4% ($64)
Yearly ChangeYear Over Year Change
Decreased11.8% ($204)
Avg. Days on MarketAverage Days on Market
32
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,413 Increased5% ($67) Increased6.1% ($81)
2 Beds $1,555 Increased5% ($74) Decreased2% ($32)
3 Beds $1,981 Increased5% ($94) Increased4.3% ($81)
Nearby Cities Average Rent Avg. Rent vs. BuffaloAverage Rent vs. Buffalo Avg. Days on MarketAverage Days on Market
Depew $1,190 Decreased21.8% ($332) 33 days
Tonawanda $1,231 Decreased19.1% ($291) 36 days
Grand Island $1,596 Increased4.9% ($74) 34 days
Getzville $2,052 Increased34.8% ($530) 35 days
North Tonawanda $1,148 Decreased24.6% ($374) 41 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Buffalo Rental Market FAQs

Explore rental prices, market trends, and availability in Buffalo, NY.

The average rent in Buffalo, NY is $1,522 per month.
Homes in Buffalo typically rent for between $989 and $2,575 per month, with an average of $1,522 per month.
In Buffalo, the average rent for a 1-bedroom home is $1,413 per month, for a 2-bedroom home, $1,555 per month, and a 3-bedroom home is $1,981 per month.
The average rent in Buffalo is 15.4% ($278) lower than the national average of $1,800 per month.
The average rent in Buffalo has decreased by 4.0% ($64) in the last month and decreased by 11.8% ($204) over the past year.
The rental market in Buffalo, NY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Buffalo, NY, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 183 rental properties available in Buffalo, NY.
Based on the current averages, a household would need an annual income of $62,200 to comfortably afford a 2-bedroom home in Buffalo.
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