Rentable.co has 5 apartments available for rent in 14211.
The average rent for an apartment in 14211 is around $1,000 per month.
Welcome to the November 2024 Buffalo Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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.
Buffalo rent prices decreased over the last month. From October to November, the city experienced a -0.35% decrease for the price of a one-bedroom apartment. The rent price for a Buffalo one-bedroom apartments currently stands at $1,144.0.
When we take a look at the two-bedroom comparison from October to November, Buffalo experienced a -1.24% decrease for the price of a two-bedroom apartment. The rent price for a Buffalo two-bedroom apartments currently stands at $1,350.0.
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 2 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, Cheektowaga, NY .
Rent decreased in Amherst, NY, East Amherst, NY, Lockport, NY, Niagara Falls, NY.
4 suburbs are currently priced higher than the city of Buffalo.
2 suburbs are currently priced lower than the city of Buffalo.
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.
| 1 BR November | 1 BR M/M % Change | 2 BR November | 2 BR M/M % Change | |
|---|---|---|---|---|
| Buffalo, NY | $1,148.0 | -0.86% | $1,367.0 | -0.44% |
| Tonawanda, NY | $1,165.0 | 1.13% | $1,275.0 | 0.39% |
| Cheektowaga, NY | $1,155.0 | 0.43% | $1,231.0 | 0.00% |
| Amherst, NY | $1,304.0 | -0.76% | $1,688.0 | 0.12% |
| East Amherst, NY | $1,368.0 | 0.00% | $1,450.0 | 0.00% |
| Lockport, NY | $798.0 | -1.72% | $996.0 | -1.58% |
| Niagara Falls, NY | $1,074.0 | -9.06% | $995.0 | -6.13% |
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.