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 July 2025, Buffalo's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Buffalo's average rent is 22.1% ($511) lower than the New York average of $2,314 and 1.6% ($28) higher than the U.S. average of $1,775.

Average Rent

$1,803

Monthly ChangeMonth Over Month Change

2.6% ($48)

Yearly ChangeYear Over Year Change

25.1% ($362)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,478	5.2% ($81)	16.5% ($209)
2 Beds	$1,693	3.1% ($54)	18.9% ($269)
3 Beds	$2,039	16.4% ($399)	6.5% ($124)

Nearby Cities	Average Rent	Avg. Rent vs. BuffaloAverage Rent vs. Buffalo	Avg. Days on MarketAverage Days on Market
Depew	$1,353	25% ($450)	33 days
Tonawanda	$1,209	32.9% ($594)	36 days
Grand Island	$1,595	11.5% ($208)	34 days
Getzville	$2,025	12.3% ($222)	35 days
Lancaster	$1,575	12.6% ($228)	33 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.

What is the average rent in Buffalo, NY?

The average rent in Buffalo, NY is $1,803 per month.

What is the rental price range for houses in Buffalo, NY?

Houses in Buffalo typically rent for between $1,035 and $2,651 per month, with an average of $1,803 per month.

What is the average rent for different bedroom sizes in Buffalo, NY?

In Buffalo, the average rent for a 1-bedroom house is $1,478 per month, for a 2-bedroom house, $1,693 per month, and a 3-bedroom house is $2,039 per month.

How do rent prices in Buffalo, NY compare with the national average?

The average rent in Buffalo is 1.6% ($28) higher than the national average of $1,775 per month.

How have rent prices in Buffalo, NY changed recently?

The average rent in Buffalo has decreased by 2.6% ($48) in the last month and increased by 25.1% ($362) over the past year.

How competitive is the rental market in Buffalo, NY?

The rental market in Buffalo, NY, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Buffalo, NY?

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.

How many rental properties are available in Buffalo, NY?

There are currently 200 rental properties available in Buffalo, NY.

Can I afford to rent a house in Buffalo, NY?

Based on the current averages, a household would need an annual income of $67,720 to comfortably afford a 2-bedroom house in Buffalo.