Apartments in Columbus Buffalo

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8

$875

64 Oconnell Ave

Buffalo, NY

1 BR | Available Now

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Dog Friendly

Cat Friendly

First Ward

20

$1,095

268 Miami St

Buffalo, NY

2 BR | Available Now

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First Ward

1

$1,300

248 Dodge St

Buffalo, NY

2 BR | Available Now

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Masten Park

22

$1,095

305 15th St

Buffalo, NY

2 - 3 BR | Jan. 1, 2025

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Grant Ferry

13

$875

22 Laurel St

Buffalo, NY

1 BR | Available Now

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Masten Park

15

$1,250

327 Hampshire Street, Unit 3

Buffalo, NY

4 BR | Available Now

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Balcony/Deck/Patio

Grant Ferry

12

$800

327 Hampshire Street, Unit 1

Buffalo, NY

1 BR | Available Now

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Balcony/Deck/Patio

Storage

Grant Ferry

1

$1,300

107 Herkimer St

Buffalo, NY

3 BR | Available Now

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Grant Ferry

22

$1,250

581 Breckenridge St

Buffalo, NY

3 BR | Available Now

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Dog Friendly

Cat Friendly

Delaware W. Ferry

1

$2,150

Delnord

1149 Delaware Ave Buffalo, NY

2 BR | Available Now

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Cat Friendly

Air Conditioning

Surface Parking

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Disability Access

12

$1,125

The Elmwood Village Apartments

715-721 Elmwood Ave Buffalo, NY

1 BR | Available Now

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Furnished

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Disability Access

Delaware W. Ferry

25

$1,300

Single Family Home Ready For Rent In A Great Neighborhood

32 Verplanck St Buffalo, NY

3 BR | Available Now

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House

Masten Park

19

$1,100

44 Bolton Pl

Buffalo, NY

3 BR | Available Now

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16

$1,695 - 2,095

Albany Place

1 Albany Street Fort Erie, ON

1 - 2 BR | Available Now

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Buffalo:
December Rent Report

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

$1,450

$1,090

$730

$360

$0

Jan. 2024

Feb. 2024

Mar. 2024

Apr. 2024

May. 2024

Jun. 2024

Jul. 2024

Aug. 2024

Sep. 2024

Oct. 2024

Nov. 2024

Dec. 2024

1 BR 2 BR

Buffalo Rent Prices Decrease From November to December

Buffalo rent prices decreased over the last month. From November to December, the city experienced a -1.4% decrease for the price of a one-bedroom apartment. The rent price for a Buffalo one-bedroom apartments currently stands at $1,128.0.

When we take a look at the two-bedroom comparison from November to December, Buffalo experienced a -1.04% decrease for the price of a two-bedroom apartment. The rent price for a Buffalo two-bedroom apartments currently stands at $1,336.0.

December Prices: Buffalo vs. Surrounding Areas

Williamsville, NY

East Amherst, NY

Amherst, NY

Tonawanda, NY

Cheektowaga, NY

Buffalo, NY

Niagara Falls, NY

Lockport, NY

$1,515

$1,372

$1,303

$1,176

$1,154

$1,144

$870

$796

$0

$500

$1,000

$1,500

$2,000

Median 1 BR Rent

Rent Prices in Buffalo and Surrounding Areas

Rent prices have decreased 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 3 of the Buffalo suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

Rent increased in Tonawanda, NY, East Amherst, NY, Williamsville, NY .
Rent decreased in Cheektowaga, NY, Amherst, NY, Lockport, NY, Niagara Falls, NY.
5 suburbs are currently priced higher than the city of Buffalo.
2 suburbs are currently priced lower than the city of Buffalo.

December 2024 Pricing Trends: Buffalo vs. National Comparisons

New York, NY

San Francisco, CA

Los Angeles, CA

Washington, DC

Chicago, IL

Columbus, OH

Minneapolis, MN

Pittsburgh, PA

Buffalo, NY

$4,134

$3,160

$2,389

$2,353

$1,914

$1,318

$1,255

$1,234

$1,144

$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 declining. 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 December	1 BR M/M % Change	2 BR December	2 BR M/M % Change
Buffalo, NY	$1,144.0	-0.35%	$1,350.0	-1.24%
Tonawanda, NY	$1,176.0	0.94%	$1,269.0	-0.47%
Cheektowaga, NY	$1,154.0	-0.09%	$1,233.0	0.16%
Amherst, NY	$1,303.0	-0.08%	$1,693.0	0.30%
East Amherst, NY	$1,372.0	0.29%	$1,450.0	0.00%
Lockport, NY	$796.0	-0.25%	$1,016.0	2.01%
Williamsville, NY	$1,515.0	6.62%	$1,681.0	-1.70%
Niagara Falls, NY	$870.0	-18.99%	$976.0	-1.91%

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.